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.
Your gift will allow the Grameen Foundation Educational Scholarship Program to cover the public school fees for five years of a borrower's child. 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.