Andrea Jung

Muhammad Yunus and Andrea Jung of Grameen Bank: Talks at GS Session Highlights

Muhammad Yunus, Andrea Jung, Dina

Professor Muhammad Yunus founded Grameen Bank to pioneer a global microfinance movement that empowers the rural poor, a model now expanded in the United States under Andrea Jung's leadership at Grameen America. This U.S. branch utilizes a group-based lending structure to provide no-collateral loans to unbanked women, achieving a 99.6% repayment rate while transforming borrowers into financially literate citizens with improved credit scores. Beyond immediate lending, the organization drives long-term economic development through social enterprises like Grameen Shakti and anticipates accelerating impact by integrating mobile technology with traditional microfinance strategies.