Microcredit is a great idea with a problem: the bank that made it famous. Grameen Bank, launched in Bangladesh in 1976 by an economics professor named Muhammad Yunus, popularized the idea of giving ...

After 11 months – and much doubt about its potential for success – a Queens group that lends money to the poorest New Yorkers has hit the $1 million mark. Grameen America, which reached the lending ...

micro loans for the poor, is contemplating opening its third U.S. branch in Indianapolis. Grameen here. They hope to raise $6 million to underwrite startup costs and lending by year’s end. Over the ...

After 11 months – and much doubt about its potential for success – a Queens group that lends money to the poorest New Yorkers has hit the $1 million mark. Grameen America, which reached the lending ...

Grameen America makes loans to low-income women who want to start or expand a business. To find out if it’s making a difference, Grameen commissioned an independent research organization to study the ...

Since its founding in 2008, Grameen America has served over 150,000 women in 23 U.S. cities, distributed $2.6 billion in loans, and helped create and maintain 157,000 jobs. The organization’s ...

Much has happened in the worlds of microfinance, Grameen, and Yunus in the 14 years since the 2008 edition was published. This third edition includes updates covering Yunus being forced to resign by ...

Muhammad Yunus envisions a world where there is no need for payday lenders or pawnshops and everyone has equal access to credit. That might sound unrealistic, but Yunus, winner of the 2006 Nobel Peace ...

At the Clinton Global Initiative, FORBES was a fly in a conference room, attending a special session on: Profiting from the Poor? A Discussion on Microfinance IPOs. Vikram Akula, founder of SKS ...

Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Jennifer Lopez sports a mask of her own design. For more than 20 years, while she worked day jobs ...

Forget multibillion-dollar bailouts. Muhammad Yunus thinks the solution to the global financial crisis can be found in loans of much smaller size, backed with more prosaic assets: ducks, chickens, and ...