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  2. Microcredit - Wikipedia

    en.wikipedia.org/wiki/Microcredit

    The domestic Accion programs started in Brooklyn, New York, and grew from there to become the first nationwide network microlender. [30] [circular reference] US microcredit programs have helped many poor but ambitious borrowers to improve their lot. The Aspen Institute's study of 405 microentrepreneurs indicates that more than half of the loan ...

  3. Results (organization) - Wikipedia

    en.wikipedia.org/wiki/Results_(organization)

    RESULTS is a US non-partisan citizens' advocacy organization founded in 1980. The organization aims to find long-term solutions to poverty by focusing on its root causes. It lobbies public officials, does research, and works with the media and the public to fight hunger and poverty. RESULTS has 100 U.S. local chapters and works in six other ...

  4. Innovations for Poverty Action - Wikipedia

    en.wikipedia.org/wiki/Innovations_for_Poverty_Action

    Many microcredit programs are offered to groups of women who share "group liability", meaning that all members of the group are responsible for repaying the loans if one of the members defaults. Group liability has been promoted by Nobel Prize winner Muhammad Yunus as the best way to ensure high repayment rates. [ 23 ]

  5. Grameen America - Wikipedia

    en.wikipedia.org/wiki/Grameen_America

    Grameen America is a 501(c)(3) nonprofit microfinance organization based in New York City.It was founded by Nobel Peace Prize recipient Muhammad Yunus in 2008. Grameen America is run by former Avon Chairman and CEO Andrea Jung.

  6. Microfinance - Wikipedia

    en.wikipedia.org/wiki/Microfinance

    In the US and Canada, aims of microfinance include the graduation of recipients from welfare programs and an improvement in their credit rating. In the US, microfinance has created jobs directly and indirectly, as 60% of borrowers were able to hire others. [61] According to reports, every domestic microfinance loan creates 2.4 jobs. [62]

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  8. Microcredit Summit Campaign - Wikipedia

    en.wikipedia.org/wiki/Microcredit_Summit_Campaign

    The Microcredit Summit Campaign was founded by Muhammad Yunus, Sam Daley-Harris, and John Hatch on a principle that emphasized a citizen-led approach of establishing and meeting a collective global goal. The Campaign represents more than a single organization and is a social movement that aims to advance the microfinance field and foster a ...

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