Opportunity: Coast to Coast
May 25, 2012 | 9:46 AM
Labels: Bay Area, Bay Area Microfinance, California Microcredit, Field Stories, San Francisco Microfinance, US Poverty
Grameen America Opens in California
April marked the launch of Grameen
America’s operations in the San Francisco Bay Area. We cannot be more
excited! Each Borrower is a true entrepreneur with a vision and a plan
to get there. Now these individuals have the assistance of affordable
capital and group support with a hand up from Grameen America.
The dynamic Grameen America team, led by Branch
Manager Rashidull Alam is located in Fruitvale, CA, and will provide our
holistic poverty alleviation products: microloans, savings, credit building and
financial literacy.
Mr. Alam joins us from his recent microlending leadership in Zambia. He became an expert in the Grameen model through his experience working with Professor Yunus and the Grameen Bank in Bangladesh.
Mr. Alam joins us from his recent microlending leadership in Zambia. He became an expert in the Grameen model through his experience working with Professor Yunus and the Grameen Bank in Bangladesh.
Oakland is an important focus for Grameen
America and our supporters since as many as 22% of the residents’ income
fall below the poverty line. We are pleased to join the committed
group of microlenders and organizations serving the Bay Area and
California who are dedicated to providing much-needed services and
opportunities to those in need.
We will keep you informed from the field with
more photos and stories of Borrowers’successes!
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