Grameen Foundation, founded as Grameen Foundation USA, also known as "GFUSA", is a global 501(c)(3)non-profit organization based in Washington, DC, that uses digital technology and data to understand very poor people, in detail, and offer them—and the entire ecosystem of agencies and actors surrounding them—empowering tools that meet and elevate their everyday realities. Its CEO is Zubaida Bai. Grameen Foundation's mission is, "To enable the poor, especially women, to create a world without poverty and hunger."[1] According to the OECD, Grameen Foundation’s financing for 2019 development increased by 33% to US$45.5 million.[2]
The Grameen Foundation was founded by author and independent consultant to nonprofit organizations Alex Counts in 1997.[4] He established the foundation with $6,000 in seed funding from Muhammad Yunus.[5] The mission was to facilitate the expansion of banks modeled after the Grameen Bank beyond the borders of Bangladesh and increase the access of poor people to microfinance by millions worldwide.[6] After 18 years, he resigned from his position as president and CEO in 2015. He was replaced by former executive vice president for global programs David Edelstein.[5]
Nobel-prize winner Professor Muhammad Yunus is founder and managing director of Grameen Bank, sat on the Board of Directors for 12 years and is now a director emeritus.[7] Immediate past chairs of the board are Paul Maritz, formerly CEO of VMWare and formerly a senior executive at Microsoft,[8] and Robert Eichfeld, a retired executive at Citibank.[9] The current chair of the board is Peter Cowhey,[5] the UC San Diego Interim Executive Vice Chancellor for Academic Affairs, Qualcomm Endowed Chair in Communications and Technology Policy, and the dean of the School of Global Policy and Strategy.
Programsedit
Grameen Foundation leverages their expertise in digital technology and data to understand very poor people, especially women and girls, and offer them—and the entire ecosystem of agencies and actors surrounding them—tools that allow them to show up with their full power to end poverty and hunger.
Working with local and global allies, Grameen Foundation also develops and distributes mobile phone-based applications to help the poor to better manage:
Their health, through such programs as the Mobile Technology for Community Health (MOTECH) initiative in Ghana
Their crops, through such programs as the Community Knowledge Worker initiative in Uganda
Their finances, though such programs as the Mobile Money initiative in Uganda
Grameen Foundation forayed into open source core banking systems by launching the website mifosx. The Mifos project was formally launched by Grameen Foundation in 2006.[10]
Referencesedit
^"Forging Pathways Out of Poverty: 2021 Annual Report" (PDF). Grameen Foundation. Retrieved 2023-01-27.
^"Grameen Foundation | Development Co-operation Profiles – Grameen Foundation | OECD iLibrary".
^"Grameen Family". Grameen Bank - Bank For The Poor. Retrieved 2019-10-30.
^"Alex Counts | Center for Financial Inclusion". www.centerforfinancialinclusion.org. Retrieved 2019-10-30.
^ abcFoundation, Grameen. "Grameen Foundation Founder to Step Down as President and CEO". www.prnewswire.com (Press release). Retrieved 2019-10-30.
^"Good News for Microfinance: Grameen America Discusses Promising New Research on its Anti-Poverty Impact". NextBillion. 2019-04-16. Retrieved 2019-10-30.
^"The Nobel Peace Prize 2006". NobelPrize.org. Retrieved 2019-10-30.
^Foundation, Grameen. "Grameen Foundation Elects Robert Eichfeld to Chair Board of Directors". www.prnewswire.com (Press release). Retrieved 2019-10-30.
^Foundation, Grameen. "Grameen Foundation Launches Mifos.com". Gameen Bank. Retrieved 21 February 2019.
Further readingedit
Measuring the Impact of Microfinance: Taking Another Look; Kathleen Odell, June 2010.
Yunus, Muhammad (1999). Banker to the Poor: Micro-lending and the Battle Against World Poverty. New York: PublicAffairs. ISBN1-891620-11-8.
Measuring the Impact of Microfinance: Taking Stock of What We Know; Nathanael Goldberg, December 2005.
Innovate podcast series interviews Alex Counts, founder and CEO of Grameen Foundation
External linksedit
Nokia, Grameen Collaborate for African Villages Highway Africa News Agency, November 25, 2005.
April 11, 2024
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This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Grameen Foundation news newspapers books scholar JSTOR August 2013 Learn how and when to remove this template message Grameen Foundation founded as Grameen Foundation USA also known as GFUSA is a global 501 c 3 non profit organization based in Washington DC that uses digital technology and data to understand very poor people in detail and offer them and the entire ecosystem of agencies and actors surrounding them empowering tools that meet and elevate their everyday realities Its CEO is Zubaida Bai Grameen Foundation s mission is To enable the poor especially women to create a world without poverty and hunger 1 According to the OECD Grameen Foundation s financing for 2019 development increased by 33 to US 45 5 million 2 Grameen FoundationFounded1997 27 years ago 1997 FounderAlex CountsType501 c 3 FocusPovertyLocationWashington D C USA 38 54 14 N 77 02 04 W 38 9039 N 77 0345 W 38 9039 77 0345Area servedAsia Africa the AmericasMethodSocial Enterprise Microfinance TechnologyKey peopleZubaida Bai President amp CEO Peter Cowhey Chair Muhammad Yunus Founding Board MemberWebsitewww wbr grameenfoundation wbr orgIt is separate from organizations called Grameen Foundation in different countries such as Grameen Foundation Australia 3 Contents 1 History 2 Programs 3 References 4 Further reading 5 External linksHistory editThe Grameen Foundation was founded by author and independent consultant to nonprofit organizations Alex Counts in 1997 4 He established the foundation with 6 000 in seed funding from Muhammad Yunus 5 The mission was to facilitate the expansion of banks modeled after the Grameen Bank beyond the borders of Bangladesh and increase the access of poor people to microfinance by millions worldwide 6 After 18 years he resigned from his position as president and CEO in 2015 He was replaced by former executive vice president for global programs David Edelstein 5 Nobel prize winner Professor Muhammad Yunus is founder and managing director of Grameen Bank sat on the Board of Directors for 12 years and is now a director emeritus 7 Immediate past chairs of the board are Paul Maritz formerly CEO of VMWare and formerly a senior executive at Microsoft 8 and Robert Eichfeld a retired executive at Citibank 9 The current chair of the board is Peter Cowhey 5 the UC San Diego Interim Executive Vice Chancellor for Academic Affairs Qualcomm Endowed Chair in Communications and Technology Policy and the dean of the School of Global Policy and Strategy Programs editGrameen Foundation leverages their expertise in digital technology and data to understand very poor people especially women and girls and offer them and the entire ecosystem of agencies and actors surrounding them tools that allow them to show up with their full power to end poverty and hunger Working with local and global allies Grameen Foundation also develops and distributes mobile phone based applications to help the poor to better manage Their health through such programs as the Mobile Technology for Community Health MOTECH initiative in Ghana Their crops through such programs as the Community Knowledge Worker initiative in Uganda Their finances though such programs as the Mobile Money initiative in UgandaGrameen Foundation forayed into open source core banking systems by launching the website mifosx The Mifos project was formally launched by Grameen Foundation in 2006 10 References edit Forging Pathways Out of Poverty 2021 Annual Report PDF Grameen Foundation Retrieved 2023 01 27 Grameen Foundation Development Co operation Profiles Grameen Foundation OECD iLibrary Grameen Family Grameen Bank Bank For The Poor Retrieved 2019 10 30 Alex Counts Center for Financial Inclusion www centerforfinancialinclusion org Retrieved 2019 10 30 a b c Foundation Grameen Grameen Foundation Founder to Step Down as President and CEO www prnewswire com Press release Retrieved 2019 10 30 Good News for Microfinance Grameen America Discusses Promising New Research on its Anti Poverty Impact NextBillion 2019 04 16 Retrieved 2019 10 30 The Nobel Peace Prize 2006 NobelPrize org Retrieved 2019 10 30 VMware s Maritz brings tech to service Foundation Grameen Grameen Foundation Elects Robert Eichfeld to Chair Board of Directors www prnewswire com Press release Retrieved 2019 10 30 Foundation Grameen Grameen Foundation Launches Mifos com Gameen Bank Retrieved 21 February 2019 Further reading editMeasuring the Impact of Microfinance Taking Another Look Kathleen Odell June 2010 Yunus Muhammad 1999 Banker to the Poor Micro lending and the Battle Against World Poverty New York PublicAffairs ISBN 1 891620 11 8 Measuring the Impact of Microfinance Taking Stock of What We Know Nathanael Goldberg December 2005 Innovate podcast series interviews Alex Counts founder and CEO of Grameen FoundationExternal links editNokia Grameen Collaborate for African Villages Highway Africa News Agency November 25 2005 Retrieved from https en wikipedia org w index php title Grameen Foundation amp oldid 1186822281, wikipedia, wiki, book, books, library,
