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Grameen-Jameel is a social business established in 2007 as a joint venture between Grameen Foundation and Grow Well Limited, a subsidiary of Abdul Latif Jameel Group. The company alleviates poverty in the Arab World by forming strategic partnerships with microfinance institutions and providing technical and financing support. As of 2008, Grameen-Jameel had facilitated local currency financing of $44 million backed by $20 million in guarantees to microfinance Institutions and had reached more than 350,000 new microfinance clients through its partners in Egypt, Jordan, Lebanon, Morocco, Palestine, Tunisia, and Yemen.
Islamic Microfinance Challenge
Grameen-Jameel and Sanabel are pleased to introduce a new awards program that recognizes Arab microfinance institutions who demonstrate excellence in the following areas: 1) Innovation; 2) Leadership; and 3) Sustainable Growth. Please visit News and Events to learn more about the 2010 Grameen-Jameel MFI Awards and download application forms.