Location. For example, most of the “I think this shows that Grameen has legs and staying power,” says CEO Andrea Jung.
... Grameen America was a great job. Ratings by categoryClear.
PayNearMe is the industry’s only platform that facilitates cash, debit, credit and ACH payments.
When your customers own and operate some of the smallest businesses, in some of the most impacted areas, you need to think quickly and act fast to keep their businesses afloat. First-time borrowers can take out loans of no more than $2,000; the average is $1,500. But now more than ever, an agile and responsive approach will separate the businesses that fail from the businesses that succeed. Handle Financial Inc. All Rights Reserved. The charitable organization provides training and support in addition to loans to ensure its members have everything they need to launch and grow their own small businesses. But what am getting is constant harassment, multiple harassment calls, and refusal to leave a private home if the payment is NOT done on their time. We wanted to give our members options to keep their businesses afloat during this time, and PayNearMe’s partnership in delivering this capability, as fast as we needed it, was essential.”Getting the PayNearMe platform up and running quickly is a large part of the story — but it’s not the only thing that was important to Grameen America.
The organization, called Preliminary results indicate the answer is a thumbs up. Regardless of member payment preference — cash, ACH or debit — the platform provides a central hub for the acceptance and reconciliation of loan installments.“We already knew PayNearMe was agile and responsive, but its support of Grameen America during this crisis has been amazing,” Berkowitz said. Grameen Bank (Bengali: গ্রামীণ বাংক) is a microfinance organisation and community development bank founded in Bangladesh.It makes small loans (known as microcredit or "grameencredit") to the impoverished without requiring collateral.. Grameen Bank originated in 1976, in the work of Professor Muhammad Yunus at University of Chittagong, who launched a research project … Salaries posted anonymously by GRAMEEN AMERICA employees. As an entrepreneurial journalist--ie, a freelancer--I work from my home office in Pelham, NY.Opinions expressed by Forbes Contributors are their own.Grameen America members surveyed reported that their financial situation had improved over the past year.
But the only loans she could find charged exorbitant interest rates and paying them back almost drove her out of business. “The PayNearMe platform makes it possible for us to get the funds to members in need quickly, without a physical handoff and with minimal risk.”It has always been important to offer customers flexibility and make payments easy.
Women have the potential to serve as powerful economic engines in their communities.”More than 40 million Americans live in poverty and more than half of low-income children live in households headed by a female, according to Jung.The results are the first set of findings in a long-term study.