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Grameen Foundation : Resource Center : Print Newsletter : Fall 2007

Fall 2007

Cover story:
Africa Update
Sub-Saharan Africa’s countries span an astounding cultural, linguistic, and natural diversity. Yet, for all its rich resources, it still faces many challenges, with 300 million people living on less than $1 a day.

In this issue:

President's Message
In the middle of our tenth anniversary year, GF shows no signs of slowing down.

Phones for Millions More People
“My wife now knows some English, because she deals with customers at times who speak it. My daughter, who is one year old, can also say ‘hello,’ and I’m very proud of that.” - John Bosco Kaliwa, Village Phone Operator in Uganda

$1 Million for Nigeria's LAPO

Donor Spotlight: One Entrepreneur Helping Another
“When I heard about Grameen Foundation, it made me think back to starting my own business and how much a chance to succeed meant to me.”

Powering Up Grameen Koota
“Mifos gives us control of the development of our system and we are not at the mercy of any particular technology provider.” —Suresh Krishna, COO of Grameen Koota

A Conversation with Udaia Kumar, CEO of SHARE
SHARE Microfin Ltd, established in 1989, is one of the largest MFIs in India, currently serving more than one million clients across five states. Mr. Udaia Kumar is the Chairman and Managing Director of SHARE. He recently sat down with Grameen Foundation’s Mike Getubig for an exclusive interview.

Diary from Morocco
Vikram Gandhi, a GF Board Member, and his wife Meera Gandhi are loyal friends of Grameen Foundation. Here, Meera describes her recent trip to Morocco, where she got the chance to see microfinance in action.



Grameen Foundation : Resource Center : Print Newsletter : Fall 2007

- 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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