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Grameen America

“Can a nonprofit microfinance model deliver $40B in affordable capital to underserved women entrepreneurs at scale by combining digital infrastructure, philanthropic funding, and mission-aligned bank partnerships?”

Founded2008
HQJackson Heights, New York, USA
Total raised$32.5M
IndustryFintech / Lending
The story

Founded in 2008 as the U.S. arm of the Grameen Bank microfinance model, Grameen America began by delivering small group-lending loans to low-income women in cash. Over time it digitized operations — replacing paper and cash with a national disbursement card system and a modern MIS — and extended its lending platform to cover microloans up to $250K via a separate digital channel (grameenamerica.us). The organization has increasingly pursued technology partnerships (notably Mambu for core loan management) and philanthropic capital partnerships (Etsy, Wells Fargo, East West Bank, Mizuho) to scale toward an ambitious $40B deployment target by 2033.

Last 12 months
2025-02
2024-09
2024-05
2024-04
2024-03
Product timeline
2008
Grameen America founded as a nonprofit microfinance organization focused on low-income women entrepreneurs in the United States.· lending
2020
Completed organization-wide MIS buildout and national disbursement card rollout, moving staff and members away from paper and cash toward digital.· banking
2023
Launched strategic partnership with Etsy, providing $3M in new loan capital and $1.5M in grant funding for women entrepreneurs.· lending
2024
Announced 'Women Are Limitless' campaign targeting $600M in capital raised over five years and $40B in total capital deployed to women entrepreneurs by 2033.· lending
2024
Opened new branches in Houston (second location) and Phoenix with support from East West Bank and Wells Fargo respectively.· banking
2025
Launched 'One Grameen: Member Mobile' app on iOS and Android for member self-service.· banking
The stack
1 layer disclosed in Grameen America’s embedded-finance stack
Lending
MambuMicroloans (group lending, $1,500–$15,000 typical)Small business loans ($5K–$250K via grameenamerica.us digital channel)
Accounting gap: none

Grameen America — frequently asked

Who provides Grameen America's lending?

Grameen America's lending and capital products are provided by Mambu.

Where is Grameen America headquartered?

Grameen America is founded in 2008 and headquartered in Jackson Heights, New York, USA.

How much funding has Grameen America raised?

Grameen America has raised $32.5M in total.

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