 | |
| Founded | January 2008 |
|---|---|
| Founder | Muhammad Yunus |
| Type | Nonprofit organization |
| Focus | Economic development |
| Headquarters | Jackson Heights, NY |
| Location | |
Area served | United States |
| Method | Microcredit |
Key people |
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| Website | grameenamerica.org |
Grameen America is a 501(c)(3) nonprofit microfinance organization based in New York City. It was founded by Nobel Peace Prize recipient Muhammad Yunus in 2008. Grameen America is run by former Avon Chairman and CEO Andrea Jung. The organization provides loans, savings programs, financial education, and credit establishment to women who live in poverty in the United States. All loans must be used to build small businesses.
- ^ "Andrea Jung, Former Avon CEO, to Run Microfinance Group". The Wall Street Journal. Dow Jones & Company, Inc. 2014-04-04. Retrieved 2014-04-07.