Grameen Foundation : Resource Center : Print Newsletter : Summer 2004 : Just the Medicine
Just the Medicine
In Uganda, where more than half of all people live below the poverty line, women such as nurse-midwife Nafafero Lapulikeria, above, increasingly turn to microcredit lenders to brighten their prospects. Her $270 loan from GFUSA partner organization Microcredit Development Trust (MCDT) helped build her business of dispensing medicines in surrounding rural communities.
Grameen Foundation : Resource Center : Print Newsletter : Summer 2004 : Just the Medicine
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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