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Grameen Foundation : Resource Center : Print Newsletter : Spring 2005 : GFUSA Receives Awards

Spring 2005

Awards, Top Rating Recognize GFUSA Accomplishments

GFUSA Leadership Role Wins Honors

Grameen Foundation USA (GFUSA) is clearly on the right track as a microfinance industry leader, as evidenced by these recent awards: Independent charity watchdog Charity Navigator gave GFUSA its top rating — four stars — for exceptional organizational efficiency and effectiveness. CN’s efficiency rating measures how “efficiently and responsibly a charity functions day to day: [including] fundraising efficiency, fundraising expenses, program expenses, and administration expenses. The effectiveness rating evaluates how well a charity can sustain its efforts over time.” This designation confirms our commitment to transparency and efficiency in reaching the world’s poorest. www.charitynavigator.org/index.cfm/bay/search.summary/orgid/7723.htm.

GFUSA received one of twenty-five 2005 Social Capitalist Awards from Fast Company Magazine, in partnership with the Monitor Group, recognizing our use of business excellence to bring about social change for the common good. www.fastcompany.com/social/2005/profiles/6-10.html#grameen

Our Grameen Technology Center was awarded the Accenture Economic Development Award and named a 2004 Tech Museum Awards Laureate for its Village Phone Project. The award, presented by the Tech Museum of Innovation, of San Jose, celebrates organizations leveraging new and existing technologies to benefit humanity. www.techawards.org/laur_stories_results.cfm?id=86



Grameen Foundation : Resource Center : Print Newsletter : Spring 2005 : GFUSA Receives Awards

- 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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