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=__What does this Grameen Foundation do?__= The Grameen Foundation's main focus and goal is to help the world's poorest people; especially women and to stop poverty. This foundation wants to help the poor improve their lives through access to micro finance and technology.



The Basics:
3 Things the Grameen Foundation does

1.) //Create economic opportunities for the world's poorest.// -The Grameen Foundation provides CAPITAL microlenders(in the poor areas) need to make micro-loans, mainly to woman. The micro-loans, loaned to these woman enable them to develop or even expand a small business. This gives these poorer people an opportunity to create a business and make money.

2.) //Build large scale, easy-to-replicate solutions to end the cycle of poverty in developing countries around the world.// -Clients of Grameen Foundation must repay their micro-loans. However, the Grameen Foundation uses these funds to create more loans. In a way, the funds are being recycled which allows more poor people to have a chance to escape poverty. Their technology projects also help provide opportunities for poor entrepreneurs.

3.) //Leverage the knowledge and expertise of local partners to create the most effective programs possible.// -Strengthens and supports local organizations to help enhance their impact on communities. They build "poverty-ending" programs in partnership with the leaders of these local organizations.

SO..... The Grameen Foundation does everything in its power to help stop poverty and also help woman and families to build a better future.They make use of the funds they receive by using them on loans to poorer communities/people so they have an opportunity to enhance their business and make money.

=__Real-Life Example__=

Charity Kulola(From Kenya):
Charity Kulola married a man who was already married to two other women. She had seven children, however, none turned out to be male. This angered her husband and she was sent out of the house with her daughters, and she went to her brother's house. There, she met her brother's wife who told her about Yehu Microfinance Trust(Grameen Foundation's partner in Kenya). Through this special fund established by the Grameen Foundation, Charity received her first loan worth $64. She opened a stall selling coconuts and she received more funds. She is now receiving lunds around 100$ and trying to diversify her business. Grameen Foundation has allowed Charity and her 7 daughters to have great opportunities and now all 7 are educated.

=__5 Questions:__= 1. In the website, it continuously states that the Grameen Foundation is primarily out to help women. I do not understand why, and I am curious why is this so? 2. What would happen if one is unable to pay a loan back? 3. Technology is frequently mentioned in the website to help end poverty, etc. I am unclear how technology helps the poor develop a business, or something of that sort ? 4. Where does the Grameen Foundation get all the money/capital/etc. needed to loan to the poor people? 5. Does the Grameen Foundation think ending poverty with this strategy, will work?

=__Visual Presentation:__= = = media type="custom" key="6300599"

=__Links:__= http://www.grameenfoundation.org/ http://www.grameenfoundation.org/our-impact