Grameen Foundation Insights

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At Grameen Foundation, our goal is to spur innovation in the global movement to eliminate extreme poverty. Part of that work is to develop better solutions and share them with people like you.

On GF Insights, we share lessons learned from our leaders in the field, news about efforts to expand access to financial and information services for the poor, and how poverty-focused organizations are using data to improve the way they work.

Latest Posts

07/22/2010 by
Emily Ferris is a Marketing and Communications Intern for Grameen Foundation based in our Washington, DC office.

I remember reading about the success of Grameen Bank before my Global Issues, Local Solutions class one day and thinking to myself, “What an incredible idea!” Microfinance is such a straightforward model with such a powerful impact – who wouldn’t be impressed? So when I set out on my internship search for summer 2010, Grameen Foundation was the first place I looked.

07/21/2010 by

Veteran marketing executive Madelyn Hammond, President of Madelyn Hammond & Associates, and Emily Lynch, West Coast Coordinator for shoe designer Christian Louboutin, recently accompanied GF staff on a site visit to Peru to witness the impact of microfinance.  Once acquaintances, and now lifelong friends, both are dedicated supporters of the Grameen Foundation.

Six people who didn’t really know each other went to the Amazon to see Grameen Foundation and their local partners in action.  Four days later we were friends for life and would never look at the world the same way again. This special expedition to Pucallpa, Peru was a combination of divine intervention and supreme coincidence.

[caption id="attachment_802" align="aligncenter" width="300" caption="Madelyn (left) and Emily in Peru."][/caption]Almost a year ago, the world famous shoe designer, Christian Louboutin, was given a list of ten charities for him to review and then select one to really get involved with. Without knowing a lot about Grameen, the idea of microfinance appealed to him and that these loans were primarily made to women made it even more perfect.  Emily Lynch, who is the West Coast Coordinator for Christian Louboutin, and responsible for overseeing their Charity associations in the U.S., was charged with spearheading the project.  She knew to really get Christian involved would require first-hand knowledge of how a “charitable gift becomes a loan” and actually meet the “borrowers”.

I’m a marketing executive and was already somewhat familiar with Grameen through Yeardley Smith, (the voice of Lisa Simpson), who was a former client. Yeardley’s two trips to Haiti really inspired and made me want to experience a Grameen trip on my own.

We were expertly guided (and educated!) through various towns in Peru by several Grameen and Prisma (their local microfinance partner) associates. Alberto Solano (Grameen’s Regional CEO), Mary Irvine (Grameen’s Regional Director of Development), Diego Fernandez Concha (Director, Prisma), and Lori Ospina (Grameen’s Program Assistant).

Here is our Story: Ten Things Emily and Mad Learned on our Trip to the Amazon

The Borrowers:

1.       …are resourceful. There is a misconception that poor means lazy. What poor is…is a lack of opportunity. The women we met all have 4 or 5 jobs depending on weather, time of year, crops or children.

2.       …are resilient.  The women had an attitude of “whatever needs to be done will be done”. We saw an incredible work ethic coupled with practicality and strong survival undertones.

3.       …just like other women. The mothers want the same things all mothers want—healthy, educated, successful children. We saw women who were “Avon saleswomen” [the equivalent of?]and took pride in their appearance although they were dirt poor. All the women had the same hopes and dreams we all share.

07/13/2010 by

Preeti Wali is Communications Officer at the Grameen Foundation Social Performance Management Center (SPMC). She is based in Washington, DC. Preeti and her colleagues recently completed a trip to Senegal and Mali in support of Progress Out Of Poverty Index™ (PPI™) trainings. Check out our PPI blog for more posts, and you can keep up with our social performance work @gfppi on Twitter where we have been live tweeting during our travels.

“Can you drive a wheel? Can you drive a door?” As pictures of pieces of a car were passed around the room, these are the questions our trainers asked. Of course, the response was a resounding “No.” Just so, the trainers explained, “The PPI is like a car, you can only drive it if you have all the parts in place.”

07/02/2010 by

This July 11, 2010 host a World Cup Party with your friends/family and help out Grameen Foundation at the same time! VOTE to end global poverty!

07/01/2010 by
Charlene Balick is a Technical Program Officer for Grameen Foundation based in Seattle, Washington. She spent the last 6 months working with CGAP to organize a series of regional IT workshops. Next week on July 7 and 8 there will be a virtual webinar hosted on the CGAP blog.

[caption id="attachment_737" align="aligncenter" width="300" caption="Group discussing MFI Technology costs in Hyderabad, India"]Group discussing MFI Technology costs in Hyderabad, India[/caption]

I work in the group of Grameen Foundation called Technology Readiness which strives to strengthen the capacity of MFIs to plan for and work with technology – especially their back-end systems to manage client and product data.  We received grant funds provided by the MasterCard Foundation (as well as additional support from the European Union) to organize and host a series of regional workshops to discuss usage of back-end technologies.  We partnered with CGAP to invite the thought leaders in technology in three regions:  East Africa, South Asia and Latin America to hold small workshops in:
  • October: Washington D.C.
  • February: Nairobi, Kenya
  • April: Hyderabad, India
  • June: Lima, Peru
We convened a mix of stakeholders in each region who have extensive experience working with back-end technology platforms – and who understand the learnings challenges that have come with that work. This included leaders from:  MFIs, software vendors, donors and investors, government agencies, Technical Assistance Providers, and networks & associations both local and international.

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