Tag Archives: Grameen

The Most Generous Thing A Company Can Do

Walmart’s $4 prescription drug plan, which makes nearly all prescription drugs available for $4, has generated more than $2 billion in savings for its customers, with a specific benefit to Medicare recipients and the uninsured. But it wasn’t launched as a social responsibility initiative. It was launched as business strategy. And it’s proven extremely successful, […]

Building a Bank that Advises Muhammad Yunus and Bill Clinton–With ShoreBank’s Brian Berg

When Muhammad Yunus set about creating Grameen Bank in 1983 he asked ShoreBank for launch advice and help raising capital. By then ShoreBank had already been busy for the last 10 years revitalizing urban communities on Chicago’s South Side by funding development projects and providing small business and home loans to under-served, low to moderate income populations. Founded in 1973, ShoreBank […]

Grameen America

Grameen Bank, the institution that launched social enterprise as we know it, is augmenting its American programs with operations in Los Angeles. The first American division opened in Queens, New York this spring. Isabel Maxwell heads the Los Angeles office. Grameen America, Like Grameen Bank, is a microcredit lender, providing poor individuals–primarily women–small loans that […]