Study Determines Grameen America’s Microlending Program Reduces Material Hardship and Increases Credit Worthiness, Business Ownership and Earnings, and Nonretirement Savings among Women in Poverty

Nonprofit research organization MDRC and Grameen America today released new interim results from MDRC’s evaluation of the Grameen America microfinance model, a program that provides small loans to minority women in poverty seeking to launch or expand small businesses.

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Grameen America
Grameen America Receives $25 Million Grant from MacKenzie Scott

Grameen America, the leading microfinance nonprofit organization focused on low-income minority women in the United States, today announced the receipt of a $25 million grant from philanthropist MacKenzie Scott. This transformational investment in Grameen America’s proven social capital model will accelerate the organization’s strategic initiatives over the next decade, including its focus on enabling a just and inclusive rebuild of America in the wake of COVID-19.

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