Grameen Foundation : Get involved : Donate : Educate a Child
Educational Scholarship Program
The scholarship fund benefits children who would otherwise be unable to attend public school. Meet some of the students |
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Thanks to a scholarship, 14-year-old Choiti Halder will be able to continue her studies. Choiti is from a very poor and rural area of Bangladesh. Her father is a fisherman and her mother is a Grameen Bank borrower. Read stories of other scholarship recipients. |
Your gift opens the future for a poor child.
One in five children around the world- 100 to 125 million children worldwide- are not enrolled in primary school.
In many countries, public education requires families to pay fees for books, tuition, school uniforms, and other expenses. The Grameen Foundation Educational Scholarship Program covers these fees so rural and poor children of microfinance borrowers can attend school and have a chance to break out of the cycle of poverty. These children may otherwise be forced to discontinue studies due to extreme financial hardship. Studies show a strong correlation between education and economic growth in developing countries.
Your support helps send more children to school.
You educational support gives children more opportunities to advance towards an enhanced life and the chance to end the cycle of poverty. Success in this initiative will help us continue to expand our support to more microfinance institutions partners in our network.
How does it work?
The program promote education for rural, financially disadvantaged girls and boys in Bangladesh. The current cost of sending children to public schools in Bangladesh range from $1,500 per student over the five years. Your $1,500 contribution will be deposited into a local bank account for five years. Every year 12% of the interest generated is distributed equally on a monthly basis to a child to support him/ her through their primary and secondary education. The principal amount of the deposit is used as microfinance loans. This program has the dual effect of using a donation to support education and microfinance at the same time.
Grameen Shikkha, the organization that developed this innovative approach in Bangladesh has provided more than 600 scholarships to educate primary school going children to university level students with support from Grameen Foundation and others. We are currently seeking to raise $100,000 toward this initiative which will fund all school-related expenses over five years for more than 200 poor children.
For more information on how you can support children's education through the scholarship program, please contact scholarships@gfusa.org or (202) 628-3560 ext 176.
Grameen Foundation : Get involved : Donate : Educate a Child
Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.
+1-202-628-3560 www.grameenfoundation.org
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