Meet Halimah (Indonesia): Leading her Family toward a Better Life
While her husband looks for work away from home, Halimah supports her mother and four daughters who all live with her. She runs a shopping business and a convenience shop in her poor, rural neighborhood of Tangerang in Indonesia.
When she was approached by a RUMA field officer months ago, she jumped at the chance to earn more money to support her family. RUMA is a social business Grameen Foundation supports that recruits the poorest of the poor in Indonesia to start profitable businesses selling small amounts of telephone airtime at discounted prices. With her added income, she can provide for her family and ensure that her daughters get a good education. “I want my daughters to study for as long as they can,” she says.
NYC Professionals Raise $4,900 for Grameen Foundation
Jennifer Noh, Katie Cheng, and Kelli Moles organized a networking event that drew 100 attendees and raised $4,900 for Grameen Foundation. Kelli volunteered with us through our Bankers without Borders® initiative. “We have seen firsthand the work that Grameen Foundation does on the ground, and it’s truly inspiring," says Moles, Project Ghana’s founder.
"Hosting an event is easy and fun! We recommend keeping event costs low and fixed so that every dollar raised can benefit the poor.” Noh, Cheng and Moles are officers of Project Ghana which encourages young professionals to donate their time and energy to poverty-focused charities worldwide. Help Project Ghana continue to support Grameen Foundation’s work.
Watch Us Get out the Vote for $200,000 on YouTube
With your help, Grameen Foundation can win $200,000 through Members Project® from American Express and Take Part. “We have a real opportunity to transform how technology is used in the Middle East North Africa (MENA) region, but we lack the funds to do so,” says Brian Slocum, coordinator for the region.
“[Access to technology] would enable an MFI to provide more loans to more poor people faster.” Listen to how Brian and other Grameen Foundation staff members could expand their poverty-fighting programs with $200,000 in our new video series . The organization with the most votes wins, so please vote today and every week until August 22nd.
Your Legacy Could Change Lives
A gift of retirement plan assets may be one of the most tax-efficient ways to support Grameen Foundation’s work in the future. When you pass on retirement plan assets to an individual, she has to pay taxes on this money. However, when you pass on retirement plan assets to us, we receive the funds (up to $100,000) income-tax free.
We could then use your support to offer opportunities to poor people, especially women, who are working hard to provide a better life for their families. Before making any estate planning decisions, talk to your advisor about how to achieve your goals while minimizing taxes, making sure your family has what it needs, and maximizing charitable contributions.
Arab Microfinance Leaders/Grameen-Jameel Share Lessons Learned at Sanabel Conference
Grameen-Jameel was a platinum sponsor of the seventh annual Sanabel Microfinance Conference in Syria, themed “Responsible Growth: Learning from Global Trends and Regional Experiences.” At the June conference, which brought together leaders from Grameen-Jameel and other microfinance organizations throughout the Arab World, Grameen-Jameel hosted a number of sessions and trainings including “Measuring Social Performance and Impact in the Arab Region,” in which Grameen-Jameel shared its experience with Grameen Foundation and three MFI partners in deploying the PPI™ in Egypt.
Grameen-Jameel also presented three MFI Awards for Innovation (Al Amal Bank, Yemen), Leadership (Alexandria Businessman Association, Egypt) and Sustainable Growth (Al Tadamun, Cairo), awarding each winner $10,000. Following the conference, Grameen-Jameel led two trainings in microfinance corporate governance and financial analysis for its partners and other Arab MFIs.