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Grameen Foundation : Who we are : Awards and Recognition

Awards and Recognition

Better Business Bureau Wise Giving Alliance

Grameen Foundation was awarded the BBB Wise Giving Alliance Seal in 2007 in recognition of their outstanding industry practices. Before national charities can even apply to use the seal, they must undergo evaluation by the BBB Wise Giving Alliance, the nation’s most experienced charity evaluator. The evaluation process involves rigorous scrutiny of a charity’s governance, effectiveness, finances and solicitations and informational materials. The standards go beyond what government regulators require.

SEEP Network 2007 Member of the Year
Grameen Foundation has been honored as the 2007 Member of the Year by the Small Enterprise Education and Promotion (SEEP) Network. With 67 members whose activities cover more than 140 countries, the SEEP Network is the leading international network and promoter of best practices in enterprise development and financial services geared towards reducing poverty.

Fast Company Social Capitalist Awards for 2005, 2006, and 2007

The Fast Company/Monitor Social Capitalist Awards is the only award program that quantitatively measures a non-profit group’s innovation and social impact, as well as the viability and sustainability of its business model. For three years in a row, Grameen Foundation has been recognized for its groundbreaking work in expanding the reach of microfinance around the world while applying innovative technology to increase efficiency and provide new opportunities for the poor.

American Institute of Philanthropy Top-Rated Charity

Grameen Foundation is designated a top-rated charity from American Institute of Philanthropy for maintaining high financial standards including low fundraising costs, reasonable asset reserves, and an "open book" financial record policy.

Tech Museum Awards

In October 2004, the Tech Museum of Innovation announced the 25 laureates for the 2004 Tech Museum Awards. Grameen Technology Center was awarded one of five Accenture Economic Development Awards for its work on the Village Phone Program. The Tech Awards are designed to honor individuals and for-profit, public and not-for-profit organizations from around the world who are applying technology to profoundly improve the human condition in the areas of environment, economic development, education, equality and health.

Pro-Poor Innovation Award

In recognition of innovation in financial services for very poor clients, Grameen Foundation was awarded the Pro-Poor Innovation Award by the Consultative Group to Assist the Poor (CGAP) for our work on the Village Phone Program. The Pro-Poor Innovation Challenge (PPIC) gives awards up to $50,000 to microfinance organizations that have developed innovative methodologies to deepen poverty outreach and impact.

The Motley Fool

See what The Motley Fool personal finance website, a frequent supporter of Grameen Foundation, has to say about the "return on investment" you can get by contributing to Grameen Foundation microfinance programs:

Examine, as a good Foolish investor should, what kind of return you can expect to receive for each dollar you contribute. For example, here's what another charity we supported in 2000 (and other years), Grameen Foundation, could do with $100,000: They could offer loans for small businesses to 1,750 borrowers. According to a study, within 4.2 years, some 70% of those borrowers would have lifted themselves out of poverty. That's more than 1,200 people (and their families). Better still, Grameen loans are just that -- loans. They get repaid, and the money is loaned out again, helping more people. As you can see, every dollar you give goes a long, long way.

Grameen Foundation : Who we are : Awards and Recognition