Community Foundation of New Jersey

Grameen America Reaches Several Milestones in Newark

June 1, 2017

We’re proud to announce that our friends and partners at Grameen America have reached several milestones at its newest branch in Newark, New Jersey. Opened in November 2016 with funding from the Community Foundation of New Jersey and its fundholders, Newark marks Grameen America’s 19th branch location nationwide.

Since opening nearly six months ago, the branch has invested over $100,900 in microloans to 100 women entrepreneurs. They have set aside almost $3,000 collectively in their new savings accounts opened with the support of Grameen America.

We look forward to Grameen America’s continued growth and investment in the Newark community.