Grameen Foundation helps the world’s poorest, especially women, improve their lives and escape poverty by providing them with access to small loans, essential information, and viable business opportunities. Through two of the most effective tools known – small loans and the mobile phone – we work to make a real difference in the lives of those who have been left behind: poor people, especially those living on less than $1.25 per day.
We create economic opportunities for the world’s poorest.
Grameen Foundation provides microfinance institutions (MFIs) in poor communities with access to the capital they need to make micro-loans to those working to develop or expand a small business. In many of the poorest regions in the world, micro-business creation is the only way for families to escape poverty and build a better future for their children.
We build large-scale, easy-to-replicate solutions to end the cycle of poverty in developing countries around the world.
As clients repay their micro-loans, the funds are recycled into new loans, thus multiplying the number of poor people who can begin their journey out of poverty. Grameen Foundation develops and spreads technology and open-source software that can be used by professionals serving the poor to enhance efficiency and lower operating costs. Our mobile phone-based technology projects also fight “information poverty” and provide business opportunities for poor entrepreneurs. For more information on our work, please feel free to explore our 2010-2011 Annual Report.
We leverage the knowledge and expertise of local partners to create the most effective programs possible.
Grameen Foundation enhances the effectiveness of our funding and impact on communities by strengthening and supporting local organizations. We respect local ways of life by building poverty-ending programs in partnership with local organizations and leaders, rather than imposing external ideas on developing communities.
We lead the industry in measuring impact and delivering results.
Our Progress Out of Poverty IndexTM simply but accurately measures poverty levels in 38 countries. It enables MFIs and other poverty-focused organizations to better determine their clients’ needs, the effectiveness and efficiency of programs, and how quickly they are able to help people move from poverty to financial self-sufficiency. We also measure our own efficiency and receive high marks from the Better Business Bureau’s Wise Giving Alliance, Charity Navigator and other raters.
- Is Your Nonprofit Using Human and Technology Networks to Multiply Impact? (blogs.cisco.com)
- Microfinance: Why Open Source Means Bigger Impact (mashable.com)
- Starbucks brews plan to help farmers (bizjournals.com)
- For Uganda’s poor, a cellular connection (news.cnet.com)
- Intro to Micro-Financing (slideshare.net)
- How Mobile Networks Empower Low-Income Entrepreneurs (blogs.cisco.com)
- Microfinance: Providing that critical leg-up (fairforall.org)
- Bangladesh targets Yunus’s social businesses (dawn.com)
- Muhammad Yunus – The Social Business Model (lugenfamilyoffice.com)
- Of Good Intentions, and Micro-Pensions (socialfinance.ca)