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Grameen Foundation : Resource Center : Print Newsletter : Fall 2005 : Web Site in Arabic on Microfinance

Fall 2005

First Major Web Site in Arabic on Microfinance Launched

The Arabic Microfinance Gateway, the first major online resource in Arabic about microfinance, unlocks industry resources for Arab speakers around the world.

The Arabic Microfinance Gateway, the first major online resource in Arabic about microfinance, was launched in September as a joint project of the Grameen-Abdul Latif Jameel Initiative, a partnership between Grameen Foundation USA and the Abdul Latif Jameel Company to end poverty in the Arab World through expanding microfinance to more poor families; the Consultative Group to Assist the Poor (CGAP); and Sanabel, the regional network for microfinance institutions in the Arab World.

The portal (http://arabic.microfinancegateway.org/) provides extensive resources on microfinance for Arabic speakers, including a searchable database of publications, latest news and resource centers. The Web site will also serve to connect and strengthen the
microfinance sector across the region through its online discussion forums. Beyond its underwriting for the project, the Grameen-Jameel Initiative has funded the translation of about 50 works on microfinance into Arabic that make up a rich part of the Web content.

With greater access to resources and information through the Web site, the region’s microfinance institutions will be better able to “reach more clients and provide a better and wider range of services,” said GFUSA President Alex Counts. “In addition, potential donors and others interested in microfinance in the region will develop a deeper understanding of the industry.”

Grameen Foundation : Resource Center : Print Newsletter : Fall 2005 : Web Site in Arabic on Microfinance

- 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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