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More than one billion people are condemned to live on less than $1 per day. Such a crisis demands tangible solutions, and when put into practice on a wide scale, microfinance can help the poor escape poverty.
The Gift
Your gift will provide a loan for one woman to start a fruit stand at her local market, giving her a way to break through poverty, gain self-confidence and expand job opportunities in her community.
Microfinance is one of the most powerful solutions to poverty in existence today. It attacks poverty at its roots and allows a poor person to gain a foothold against day-to-day impoverishment. Microfinance – small loans complemented by savings, insurance and other services -- allows a person to buy an animal, tool, or other asset to start or grow her own business. As the enterprise grows, so does her social standing; empowerment; family’s education and nutrition levels; and job opportunities in her community. Grameen Foundation provides training, financing and technology to microfinance institutions worldwide so they can serve more.
