Grameen Foundation received $150,000 Amex grant
American Express has donated $150,000 to Grameen Foundation. The donation will help impart advanced training and technical assistance on accounting, management information systems, human resources and operations to Grameen’s local partners: Activists for Social Alternatives in Tamil Nadu, Cashpor Financial and Technical Services in Uttar Pradesh, Grameen Koota in Karnataka, Share Microfin and Swayam Krishi Sangam in Andhra Pradesh.
Though American Express has been supporting Grameen Foundation since 1997, this is its single largest grant to the NGO’s ‘capacity building programme’ so far.
Grameen Foundation was also a winner of $200,000 in funding from the Members Project® by American Express and Take Part. During the 12-week contest, members of the public voted weekly for their charity of choice. The funding will enable Grameen Foundation to continue its mission of helping local microfinance institutions provide tiny loans to some of the world’s poorest people, as well as promoting access to practical farming and health information to people in poor communities through mobile phones.