Grameen Pilipinas

Equipping Manila’s poorest with the skills and resources to become successful entrepreneurs.

Impact

Using microfinance and training to enable small business owners to grow their enterprises, helping them out of poverty.

Project description

Grameen Pilipinas Microfinance (GP) is a ground-breaking initiative that combines micro nance with education and mentoring to empower poor people living in the slums of Manila to develop income- producing businesses as a means of alleviating poverty. Micro-loan borrowers receive financial literacy and entrepreneurship training throughout their participation in the loan program, and receive ongoing mentorship to support their business’ development. GP also works with local communities to build social businesses creating sustainable, new income opportunities for the poor while having a positive social and environmental impact on the communities it serves. GP models its approach after the teachings and successes of Nobel Laureate Professor Mohammed Yunus and the Grameen Bank of Bangladesh.

Project benefits

  • Unique training opportunities in running small businesses, entrepreneurship and financial management.
  • Targets the very poorest communities in Manila and giving them a way out of poverty
  • Opportunities for successful businesses to establish, grow and prosper

$5,000 USD

Supports 20 small businesses for one year

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