5 Biggest Microfinance Companies in the United States

4. Grameen America Inc.

Loans disbursed: 1.75 Billion

Founded by the Nobel Peace Prize recipient Professor Muhammad Yunus in 2008, Grameen America is a nonprofit microfinance company based in New York City. The microfinance lending system was first implemented by the company’s founder in Bangladesh, with great success a couple decades before, and so with that same expectation it was launched in urban America. They saw that New York City has a wide population of people without any access to traditional banks, and so they opened their services of lending, savings programs, financial education, and credit establishment to women in the United States. Launched in the financial crisis of 2008, the company has grown to being established in 15 U.S cities and serving 133,300 women in 2021.

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