The Grameen Foundation enables the poorest people in the world to break the cycle of poverty by helping them, mostly women, start their own businesses.
What they do:
Microfinance - a powerful poverty-fighting tool: Microfinance helps people to escape poverty by giving them collateral-free loans and other financial services to support income-generating businesses. As each loan is repaid, the money is redistributed as loans to others, thereby mulitiplying its impact. For Fatima, a FONDEP client in Morocco, the loans have helped her build a business and new horizons for her children.
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