Grameen Foundation : Who we are : Our Grameen Heritage
Our Heritage: Grameen Bank
Inspired by the work of Grameen Bank in Bangladesh, Grameen Foundation was created to help share the Grameen philosophy and accelerate the impact of microfinance on the world’s poorest people. Started in 1976 by Professor Muhammad Yunus with a mere $27 from his own pocket, Grameen Bank today serves more than six million poor families with loans, savings, insurance and other services. The bank is fully owned by its clients and has been a model for microfinance institutions around the world.
Although they are independent organizations, Grameen Foundation and Grameen Bank maintain an enduring relationship. Grameen Foundation draws its inspiration from Grameen Bank by supporting microfinance institutions across the globe that embody its vision and values. Professor Yunus is also a founding and current member of Grameen Foundation’s board of directors.
Congratulations to Muhammad Yunus and the Grameen Bank on winning the 2006 Nobel Peace Prize. Learn more >
Grameen Bank at a glance (Grameen Bank website) >
Grameen Foundation : Who we are : Our Grameen Heritage
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.
+1-202-628-3560 www.grameenfoundation.org
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