{
SAnullING THE nullORLD ONE ISSUE AT A TIME
}
nullicronullnance does work. Stronnull enullidence
sunullnullests tnullat tnulle linulles of nulleonullle linullininulln nullonullerty
nullet nulletter witnullmicronullnance. Study after study
snullow tnullat access to micronullnance results in
increased nullousenullold incomenull nulletter nullealtnull
for clients and tnulleir familiesnull and increased
emnullowerment for female clients. nullTnullink of
Beninullna.Bnull orrowers renullort nullinullnuller lenullels of self
esteem and community ennullanullement.
How can we furtnuller imnullronulle tnulle linulles of
nullorrowersGnull lonullal Partnersnullinulls addresses tnullat
nulluestion nully sunullnullortinnullmicronullnance nullronullrams
Microfinance’s
in nullatin nullmerica tnullat nullanulle a clear social imnullact
as well as a sound nullusiness model. nulle cnulloose
to innullest in micronullnance institutions tnullat sernulle
MACROnullMPACT
tnulle neediest nulleonulllenullincludinnullwomen and tnulle
rural nulloornulland wnullo often comnulline microcredit
witnullotnuller sernullices tnullat nullelnullclients nullreak tnulle
cycle of nullonullerty.
nullRnullnullnullRnull tnulle Glonullal Partnersnullinulls nullartner
nullITTEN null ELISA MURRAY nullPHOTOGRAPHED null CHRIS MEGARGEE
from wnullom Beninullna nullorrowsnull is a nullrime
enullamnullle of tnullis anullnullroacnullnull offerinnull nullusiness
traininnull to tnulleir nullorrowers tnullat nullelnulls tnullem
nulleninullna nulluisnulle nullerdanull a Bolinullian woman Tnulle most wellnullknown nullronullonent of
succeed. nullnotnuller Glonullal Partnersnullinulls nullartnernull
wnullo anullnullroacnulles life witnull a smile as wide micronullnance is nullunullammad nullunusnull a
Pro nullunullernull ronullides its nullnullnullnullnullnullnullfemale clients
as nuller nullroadnullnullrimmed nullatnull linulles in a rural Bannullladesnulli economist wnullo estanulllisnulled
in nullatin nullmerica not nullust witnullcreditnullnullut witnull
community near tnulle central Bolinullian city of Bannullladesnull’s Grameen Bank in nullnullnullnullfnull ounded
nullealtnullsernullicesnulleducationnulland emnullowerment
nullocnullanullamnulla. Tnullirteen years anullonull snulle took on nullis nullelief tnullat credit is a fundamental nulluman
traininnull. For enullamnulllenull tnulley offer screeninnulls
a stenulltnullat cnullannulled nuller lifenullSnulle went to a rinullnullt. Grameen’s successnulltnulle nullank now
for cernullical cancernulla leadinnullkiller of women
local microcredit ornullaninullation called nullRnullnullnullR sernulles more tnullan senullen million Bannullladesnulli
in nullatin nullmerica tnullat’s also nullinullnullly nullrenullentanullle.
and took out a small loan to start a dairy cow women witnull microloansnullnullelnulled nullronulle tnullat
nullnly nullnull nullercent of tnulleir clients nullad a Panull
nullusiness. micronullnance worked on nullotnull an economic
smear nullefore nulloininPnull ro nullunullernull ut nullnull ercent
nullitnull tnulle nullelnull of nullRnullnullnullR’s loans and lenullel and as a tool for allenulliatinnullnullonullerty.
did so after nulloininnull.
nullusiness traininnullnull Beninulla nullas since nulluilt a nullery nullicronullnance institutions like Grameennull
Tnullis anullnullroacnullmay nulle key to micronullnance’s
successful dairy nullusiness. Her nullerd nullas onull wn tnulle nullrounulls tnullat do tnulle lendinnullnullare tynullically
future. nullfter allnull a client wnullo nullas receinulled
to nullnull dairy cowsnull and snulle sells tnulle milk to a nonnullronullt and cnullarnulle a lower interest rate tnullan
tecnullnical assistance for a milknullcow nullenturenull
national milk comnullany. Snulle also makes cnulleese local moneylenders or loan snullarks. Borrowersnull
or wnullo remains nullealtnullynullis a client mucnullmore
and raises nulli null to sell at market. Her income like Beninullnanull often nullorrow collectinullelynull Tnulley
likely to nullay nullack a loan and take out a new
nullas allowed nuller to send nuller son to scnullool and nulluarantee eacnullotnullers’ loansnullreceinulle traininnull
onenulland ensure a nullrinullnullter future for nuller family.
to nulluild a nullrick nullouse witnull a metal roof and tonulletnullernulland sunullnullort eacnullotnullers’ efforts.
nullou can nullelnull women nullreak tnulle cycle of
concrete nulloors wnullere snulle linulles witnull nuller motnullernull nulls reconullnition for nullis worknull nullunus was
nullonullerty nully donatinnull to or nullettinnull innullolnulled witnull
nuller nullrotnullernull and nuller sister. nulln tnulle nullrocessnull awarded tnulle Nonullel Peace Prinulle in nullnullnullnull. Todaynull
micronullnancenullsunullnullortinnull ornullaninullations sucnull asnull
Beninulla nullas nullecome a leader in nuller community micronullnance institutions onullerate in more tnullan

GLOnullL PARTNERSHIPS nullKInull nullnullKAI null
and nullresident of nuller communal nullank. nullnullnullcountries worldwidenullwitnullmore tnullan nullnullnull
GRAMEEN nullnullMEN’S nullRLD nullNKING
Beninullna’s case is nullust one enullamnullle of million nullorrowers sernulled witnullloans and otnuller
tnulle transformatinulle nullower of micronullnance. nullnancial sernullices.
nullicronullnance is denullned as nullnancial sernullices nulls micronullnance nullas nullecome increasinnullly
Elisa Murray is Global Partnerships’ Director
offered to nulleonulllenull tynullically in denullelonullinnull widesnullreadnull tnulle nulluestions nullanulle cnullannulled. Finulle
of Communications. Global Partnerships
countriesnullwnullo nullanulle little income or collateral years anullonull tnulle nulluestion most often nullosed to
is a Seattle-based nonprofit dedicated to
and are traditionally left nullenullind nully tnulle micronullnance ornullaninullations sucnull as minenull Glonullal
expanding opportunity for people living in
commercial nullnancial sernullices. nulln otnuller wordsnull Partnersnullinullsnull wasnull nullnullnullat is micronullnancenullnull
poverty. globalpartnerships.org
tnulleir local nullank will not nullinulle tnullem a loanwnull nullicnull Todaynull we are nulleinnull askednull nullHow do we know
means tnulley nullanulle few resources for startinnullor micronullnance worksnull How can we furtnuller imnullronulle
enullnullandinnulla nullusiness. tnulle linulles of microcredit nullorrowersnullnull
eliza 1null eliza 19
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