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Grameen Foundation : Get involved : Gift Catalog : $450

$450 - A woman can stock her store.

Bosede.jpg
Bosede overcame personal tragedy and now supports her community through her business.

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By choosing this gift, you're making a donation that goes into our unrestricted fund, The Sams Fund, to support Grameen Foundation and microfinance and technology programs in developing countries to improve the lives of the poor.

With a loan of $450, a woman could add a freezer to her store, giving her community a convenient place to buy meat and fish.

Bosede Ogunleye is one of the lucky ones. She escaped an abusive husband and a desperate life earning a mere 26 cents a day selling water on Nigeria’s streets. Today she’s a member of the Nigerian middle class. She runs a small shop, her income has increased six-fold, and she can afford to send both of her children to school for the first time. Her incredible journey out of poverty began with several microloans from Grameen Foundation’s partner SEAP . One of the loans of $450 enabled her to buy a freezer and generator so she could sell frozen fish and meat in her store. When asked what she thinks of SEAP , she beams and says “I’m so happy to be one of the original members! They don’t disappoint me.”

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Grameen Foundation : Get involved : Gift Catalog : $450

- Grameen Foundation - 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.

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