Eliminating Poverty through Social Business

 

 

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Our History

 

Inspired by the work of Nobel Laureate Professor Muhammad Yunus in Bangladesh, Grameen Australia was founded in 1998.

We work to accelerate the impact of Microfinance and Social Business on the world’s poorest people, especially women.

Based in Sydney, Grameen Australia is a charitable independent Australian DGR 1 and Public Benevolent Institution that is able to offer tax deductibility to Australian donors.

The Grameen brand, now internationally recognised for its ‘best practice’quality and sense of urgency providing tools to help the poorest liftthemselves out of poverty, originated in Bangladesh in 1976 when Professor Yunus loaned $27 to a very poor woman. Grameen Bank now serves more than 7 million poor families with loans, savings, insurance and other services. In 2006, Professor Yunus and Grameen Bank jointly received the Nobel Peace Prize.

Grameen Australia, as part of the Grameen family, is able to access the vast expertise and experiences of the broader Grameen group as a means of further enhancing the effectiveness of the projects it develops.

Because we believe that people everywhere have an inherent desire to improve their lives, we harness the strength and ingenuity of the poor by providing them with access to the tools they need to break the cycle of poverty – actionable information, appropriate financial services and unique business opportunities.

Our experienced team is constantly working to identify opportunities and create sector-wide solutions that can transform the way the Development and Aid sector works, acceleratingthe impact of our efforts – impact that, collectively, will one day eliminate abject poverty.

Grameen Australia focuses on Asia and has particular experience in developing microfinance and social business activities in the region.