Empowering Communities Nationwide
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.
We launched our new Member Development initiative in Austin, to enhance our members’ financial and business knowledge.
Nearly $14M has been invested in women-owned small businesses. The branch has one of our highest member growth rates nationally.
More than 90 percent of Charlotte members return for a third loan cycle.
Staff was trained to use digital disbursement cards to give out loans, eliminating checks and reducing the risk of fraud. This new method will be more efficient for members and staff.
Los Angeles, CA
Twelve Center Managers meet with more than 1,100 groups of women entrepreneurs across our two branches in Los Angeles every week.
New York, NY
The Sunset Park, Brooklyn branch successfully piloted a new digital repayment method, which is more convenient for members and staff, and will now be rolled out to other locations in 2018.
Grameen America completed its first year of operations in Newark, making inroads in the community. It was the first branch to open with entirely cashless and paperless operations.
Our first branch in California has disbursed more than $54 million in loans to low-income women entrepreneurs since its inception in 2012.
Over 2600 members with active savings accounts make weekly deposits through a newly established electronic transfer facility.
San Jose, CA
With the goal of promoting asset-building for our members, we began a new partnership with the Self-Help Federal Credit Union.
San Juan, PR
Three weeks after Hurricane Maria hit, Grameen America relaunched operations in San Juan and suspended interest on all outstanding loans.
Union City, NJ
Grameen America staff held a unique workshop for Union City members on digital banking, aiding in their transition from traditional to online banking.