Alex Counts meets with a microfinance client in Banda Aceh in May 2007 to learn how she is recovering from the tsunami
Ten years ago this month, I was smarting from the death of my father while basking in the glow of some significant professional triumphs. Grameen Foundation, the global humanitarian organization I had founded in 1997 with the support of Muhammad Yunus, had just secured $10 million in new financing including the two largest private donations to support microfinance up to that point. We had recently completed a merger with Digital Partners, a technology savvy NGO, and were well positioned to provide leadership in harnessing the information revolution to benefit the world’s poor. We were also gearing up to accelerate the growth and development of micro-financial services as a force for reducing poverty on a global level, and would benefit greatly when Yunus and the Grameen Bank that he founded would receive the Nobel Peace Prize in a surprise announcement months later.