We are excited to share our 2017 City Impact Reports, which highlight milestones from last year in each of the cities we serve. These reports provide a snapshot of the impact we have had on women’s lives and their small businesses in cities across the country.
This year, Grameen America celebrates its 10th anniversary. We are proud to share our 2017 Annual Report, A Decade of Empowerment, which highlights our accomplishments and milestones over the last 10 years and the many impressive achievements of our members.
Johanna Avila began working at Grameen America in 2008 as a Trainee Center Manager at our Jackson Heights, Queens, New York branch. Now, just 10 years later, she is the organization’s Northeast Regional Director, overseeing 10 branches in New York, New Jersey, and Massachusetts. She sat down with us to discuss her journey and what motivates her to support other women and help them succeed.
Growing up, Magdalena heard and believed that women don’t work and are dependent on men. But she thinks quite differently now, after having started her own business. “As women we can succeed,” she said. After receiving a series of loans from Grameen America, Magdalena now has her own bar and restaurant called Tacopeton in the Bronx.
This month, Grameen America, the fastest growing microfinance organization in the United States, celebrates its 10-year anniversary of empowering low-income women entrepreneurs in underserved areas in the U.S. through affordable microloans.
Five years ago Monica moved to Charlotte, leaving behind an abusive marriage. She had an interest in beauty and makeup and had dreams of starting a bilingual cosmetology school but didn’t know where to start.
Grameen America opened its first branch in Miami. The branch, located at 1101 SW 8th Street in Little Havana, will enable women living below the poverty level in the area to access small loans to start or expand their businesses. More than 20 percent of women in Miami-Dade county are living in poverty.
Rene has always had a passion for reconstruction and clothing design. After losing her stable job of over 20 years, her son encouraged her to follow her dream by enrolling in a program at a local university to study sustainable clothing.
In 2015, Grameen America reached an inflection point. As the fastest growing microfinance organization in the United States, we needed to completely overhaul our core banking system in order to keep up with our expansion and continue to scale.
More than 200 business leaders, philanthropists, and women trailblazers came out to celebrate Grameen America’s 10th anniversary at The Metropolitan Museum of Art on September 23.

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