Grameen America Brings Microfinance To New York City

Bank of America

Grameen America Brings Microfinance To New York City
Grameen America, a sister organization to the Grameen Bank which won the 2006 Nobel Peace Prize jointly with Professor Muhammad Yunus, brought the Grameen brand of microfinance to York City in January 2008. Since then, Grameen America has lent out over $1.2 million in income generating loans to 500 poor families in Queens, York with a repayment rate of over 99%. To learn more a…



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