Frequently Asked Questions
What is Grameen America?
Grameen America is the fastest growing nonprofit microfinance organization in the United States with a proven national solution to advance financial inclusion for women. We provide small loans, training and support to women to help them build businesses, achieve higher family incomes and revitalize their communities.
Why is Grameen America different?
• No collateral or credit history is required for a loan
• Upon repayment, individuals can apply for loans at increasing amounts
• Grameen America uses a group lending process with five members in each group, which enables members to share solutions to business challenges, identify opportunities for sales growth, and provide each other with support and encouragement
What are the loan terms?
• No application fees
• Annual percentage rate of 18% on a declining balance
• A six-month loan term
Anti-Discrimination Statement
Grameen America does not discriminate on the basis of race, national origin, age, sex, sexual orientation or expression, religion, marital status, disabilities, veteran status or any other classification protected by federal state or local law.
You may report any violations of this policy or related complaints to Report It, an independent third party reporting service, via the internet at www.reportit.net (user name and password Grameen) or call 1-877-300-2020.
You may also file a complaint of discrimination to:
U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity
1500 Pennsylvania Avenue, N.W.
Washington, D.C. 20220
(202) 622-1160
crcomplaints@treasury.gov