In the fall of 2004, a small group of entrepreneurs attended a weekend gathering to discuss solutions for poverty alleviation. The result was Grameen Foundation’s Growth Guarantee program. Ten years later the program has been one of the most successful global efforts to unlock capital for microfinance clients.
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Grameen Foundation's Growth Guarantees program was launched in 2005 to increase microfinance clients’ access to loans by guaranteeing local funding for the microfinance institutions (MFIs) that serve them.