Grameen America, a nonprofit community development financial institution helping low-income women entrepreneurs build small businesses, announced today it has received a $1.5 million grant from Truist Foundation to strengthen its current program model to empower Black women entrepreneurs.
Read MoreGrameen America is proud to announce that we have reached a historic milestone of investing $2 billion in microloans to microentrepreneurs.
Read MoreAndrea Jung, President & CEO of Grameen America shares the organization’s commitment to addressing the racial wealth gap.
Read MoreThe dedicated program, which will offer loan capital, financial training, asset and credit building tools to Black women entrepreneurs, aims to expand to $1.3 billion in loans to more than 80,000 Black women entrepreneurs by 2030.
Read MoreBlanca runs El Baraton, a family-owned and operated clothing store in Jackson Heights, New York, where she sells a curated mix of new and secondhand clothing, shoes and accessories.
Read MoreShirley owns Grandma’s Old Fashion Butter Bunches, a local Fresno business that sells over two dozen varieties of gourmet popcorn across the Central Valley.
Read MoreGrameen America Branch Manager, Andrea Cabrera, has seen first-hand how powerful small loans are for the women in our program as she supported the MDRC study in Union City.
Read MoreGrameen America has reached a historic milestone by distributing $1 billion in microloans to financially underserved women in New York City.
Read MoreGrameen America condemns discrimination, racism, and violence in any form. We stand in solidarity with our Asian and Asian American women entrepreneurs, staff, partners, and community members.
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