Building a nation without poverty
Founded by Nobel Peace Prize recipient Muhammad Yunus, Grameen America is dedicated to helping women who live in poverty build small businesses to create better lives for their families. We offer microloans, training and support to transform communities and fight poverty in the United States.
Board of Directors
Chair, Board of Directors
Professor Muhammad Yunus
Professor Yunus, the “father of microfinance” founded the Grameen Bank in Bangladesh on the premise that the poor are creditworthy. In 2006, Professor Yunus and the Grameen Bank were jointly awarded awarded the Nobel Peace Prize “for their efforts to create economic and social development from below.” Professor Yunus is only one of six people in history to receive the Nobel Peace Prize, Presidential Medal of Freedom and Congressional Gold Medal. Professor Yunus published his work on microfinance and social business in his books Banker to the Poor, Creating a World Without Poverty, and Building Social Business.
Sila M. Calderón
Sila M. Calderón Foundation
Former Governor of Puerto Rico
Sila M. Calderón, former Governor of Puerto Rico (2001-2005), chairs the Sila M. Calderón Foundation and Center for Puerto Rico. She is President of Inter-American Global Links, Inc., Trustee of the NY Public Library, and served on the boards of Banco Popular, Pueblo International, and the Government Development Bank. She was previously Secretary of the Governorship and of State and Mayor of San Juan. She has received honorary doctorate degrees from several stateside universities, holds a BA in Government from Manhattanville College, and did her post-graduate studies at the Graduate School of Public Administration of the University of Puerto Rico.
Bridgewater Associates, L.P.
Founder and CEO
Mr. Dalio is the founder, CEO, and CIO of Bridgewater Associates and has over 35 years of experience in the financial field. Mr. Dalio was Director of Commodities at Dominick & Dominick, a Wall Street brokerage house, in 1973. In 1974, he joined Shearson, Haydon Stone where he was in charge of the Institutional Futures department. In 1975, Mr. Dalio founded Bridgewater Associates and grew the company to manage over $75 billion in assets. He received a BA from C.W. Post College University and a MBA from Harvard University.
Michael D. Granoff
Pomona Capital, L.P.
Founder and CEO
Mr. Granoff is founder and CEO of Pomona Capital. He previously served on the U.S. House of Representatives Appropriations Subcommittee on Foreign Operations, and the 1992 Department of Treasury Presidential Transition Team. He is Chairman of the Boards of the Albanian-American Enterprise Fund, and Albanian American Development Foundation, and received the Order of Mother Teresa Medal from the Albanian President. He is a member of the Council on Foreign Relations and World Economic Forum, and has lectured at Harvard Business School and Wharton School of Business. He received his JD from Georgetown University and BA from the University of Pennsylvania.
California Community Foundation
President and CEO
Antonia Hernández is president and CEO of the California Community Foundation. Previously, Ms. Hernández worked at the Mexican American Legal Defense and Educational Fund, the L.A. Center for Law and Justice, and the US Senate Committee on the Judiciary. Ms. Hernández is a trustee for the Rockefeller Foundation and a member of the Boards of the American Constitution Society and the American Automobile Association. She currently serves on the Commission on Presidential Debates, the Institute of Politics at Harvard University's JFK School of Government, and the UCLA School of Law Board of Advisors. Ms. Hernández holds a B.A. in history from UCLA and a law degree from the UCLA School of Law.
World Health Care Congress
Mr. Jorgensen was the principal proponent and organizer of Grameen America and Grameen PrimaCare. He is also the majority owner of three industry based conference and research companies, which in turn own and manage over 200 conferences and several membership-based research groups. Mr. Jorgensen’s companies include Cambridge Healthtech Institute, Corporate Research Group, and The World Health Care Congress that was launched in conjunction with The Wall Street Journal and CNBC. Mr. Jorgensen holds a B.A. in Political Science from Harvard University.
President and CEO
Andrea Jung is the President and CEO of Grameen America. Ms. Jung joins Grameen America in April 2014 with the goal of scaling the organization to solve economic issues for women and their families across the country. She is the former Chairman and Chief Executive Officer of Avon Products, Inc., where she served as CEO from 1999 through April 2012, and as Chairman from 2011 through December 2012. Throughout her professional career, Ms. Jung ranked consistently among the top leaders on lists including Fortune magazine's "Most Powerful Women in Business," Forbes magazine's "Most Powerful Women in the World," and Financial Times' "Top Women in World Business."
Ms. Jung is a graduate of Princeton University. She is a member of the Board of Directors of the General Electric Company, Apple, Inc., and Daimler AG. She also serves on the Committee for Economic Development, an independent, nonprofit, nonpartisan American think tank.
Upper Manhattan Empowerment Zone
Hope Knight is the COO of the Upper Manhattan Empowerment Zone. Prior to UMEZ, Ms. Knight was a Vice President in the Institutional Equities, Strategic Planning and E-Commerce Divisions at Morgan Stanley. Ms. Knight began her career as a Director for the City of New York and moved into the Financial Institutions Group at Accenture. Ms. Knight serves on the Board of Trustees of Marymount Manhattan College, North Country School, as well as Morgan Stanley New Markets Corporation and Carver Community Development Corporation. Ms. Knight holds a BA from Marymount Manhattan College and an MBA from Chicago Booth.
Professor Latifee is an economist and Managing Director of Grameen Trust, the international outreach affiliate of Grameen Bank. Professor Latifee is one of Grameen Bank’s founding members. Before joining Grameen Trust in 1994, Latifee was a Professor of Economics at the University of Chittagong in Bangladesh. Professor Latifee is a highly regarded expert on microfinance. He holds a B.A. and M.A. from Dhaka University in Bangladesh as well as a M.A. from Boston University. He is a winner of Business Week's Stars of Asia Award in 2001 for his leadership in the field of microcredit and poverty alleviation.
Mr. Mamdani is a Vice Chairman in Morgan Stanley’s Investment Banking Division. He led the Emerging Market Private Investments initiative and the Global Emerging Markets Private Equity Fund. He has over 23 years experience across a range of transactions, including acquisitions, divestitures, joint ventures, privatizations, and hostile defenses. Mr. Mamdani is on Morgan Stanley’s Microfinance Advisory Board, is a Board member of Arab Bankers Associations of North America, and a participant in U.S.-Saudi Arabian Business Council. He graduated Magna Cum Laude from Harvard University with a BA in Economics and MBA from Stanford University. He was raised in Kenya and Tanzania.
Apax Partners, L.P.
Mr. Megrue is CEO of Apax Partners U.S., which he joined in 1988 and rejoined in 2005 from Saunders, Karp & Megrue. John is a member of Apax Partners Global Executive Committee and Global Investment Committee. He is on the boards of Advantage Sales & Marketing, Bob’s Discount Furniture, and Rue21. He is a Trustee of the Apax Foundation, and is actively involved in community development through organizations including Ashoka, Emmaus, and Bridges Community Ventures. Mr. Megrue holds a BS in Mechanical Engineering from Cornell University and a MBA from the Wharton School of Business at the University of Pennsylvania.
Known as an innovator of microfinance, Professor Yunus and Grameen Bank were jointly awarded the Nobel Peace Prize in 2006, “for their efforts to create economic and social development from below.”
Professor Muhammad Yunus founded Grameen America based upon the belief that Grameen Bank, a system that has succeeded with remarkable results in the villages of Bangladesh, could work in urban America, let alone in the capital of international finance, New York City. Grameen America opened its doors in January 2008, during the largest financial crisis of the modern era. Since opening, Grameen America has reached over 21,700 women in need and provided over 64,600 microloans.