Grameen America Inc

New York, NY   |  www.grameenamerica.org

Mission

Founded by Nobel Peace Prize recipient Muhammed Yunus, Grameen America is a non-profit 501(c)3 microfinance organization dedicated to helping women who live in poverty build small businesses to create better lives for their families. We offer microloans, training, and support to transform communities and fight poverty in the United States.

Ruling year info

2008

CEO

Andrea Jung

Main address

150 West 30th Street

New York, NY 10001 USA

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EIN

20-8497991

NTEE code info

Economic Development (S30)

Community, Neighborhood Development, Improvement (S20)

Financial Counseling, Money Management (P51)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grameen America

Every Grameen America member participates in all aspects of our program. This includes microloans, financial training, credit-establishment and asset-building services, and peer networks.

Population(s) Served

Where we work

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Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Grameen America aims to build capacity to serve over 150,000 women entrepreneurs with affordable capital, credit-establishment and asset-building services, enabling them to invest in their businesses and create better lives for themselves and their families.

Using a data-driven approach to identify markets with the greatest need, Grameen America targets the most economically distressed communities to expand access to safe and affordable financial services and support.

Grameen America has a proven model to reach low-income women entrepreneurs in economically distressed communities at scale with access to capital, credit-establishment and asset-building services.

As of Q2 2015, Grameen America has disbursed nearly $300,000,000 in microloans to more than 53,000 women in 11 cities across the United States.

Financials

Grameen America Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Grameen America Inc

Board of directors
as of 4/18/2018
SOURCE: Self-reported by organization
Board chair

Muhammad Yunus

Grameen Bank

Vidar Jorgensen

Primacare, World Health Care Congress

Muhammad Yunus

Grameen America

H.I. Latifee

Grameen Trust

Sila Calderon

Former Governor of Puerto Rico

Raymond Dalio

Bridgewater Associates, L.P.

Michael Granoff

Pomona Capital, L.P.

Mahmoud Mamdani

Morgan Stanley

John Megrue

Apax Partner, L.P.

Hope Knight

Greater Jamaica Development Corporation

Antonia Hernandez

California Community Foundation

Andrea Jung

Grameen America

Karen Pritzker

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No