The Grameen Model Alleviates Poverty
A woman with a dream for a better life finds four people she trusts to form a Grameen Group.
Groups participate in a week of financial training to learn about loans, savings and credit building. At the end of the week each woman opens a savings account.
Each woman receives a $1500 microloan to build a small business in her community.
Every week, groups meet with Grameen America staff in a member’s home to make loan and savings payments, continue their education and build peer networks.
With the tools in hand, women can build their businesses.