Grameen Trust (GT), a non-profit and non-government organisation established in 1989 uses microcredit as a tool for fighting poverty and follows the Grameen Bank approach for the purpose. It supports and promotes poverty focused microcredit programs all over the world under its Grameen Bank Replication Program (GBRP) through a number of ways - dialogue programs for potential replicators, training and technical assistance to replication projects, funding selected projects, and monitoring performance. Grameen Trust funds are provided in two forms - seed capital and scaling up fund.
As of August 2007, it has provided support to 138 replication partners in 37 countries of the world. Under the Build, Operate and Transfer (BOT) program, the Trust directly implements the projects to respond to the need for immediate and rapid implementation of poverty focused microfinance programs. Grameen Trust hosts the Grameen Global Network (GGN) and publishes the Grameen Dialogue newsletter to promote the cause of microcredit movement. To implement the replication program, it received funds from the MacArthur Foundation, United Nations Capital Development Fund (UNCDF), Deutsche Gesellschaft für Technische Zusammenarbeit (German Technical Cooperation or GTZ), United States Agency for International Development (USAID), United Nations High Commissioner for Refugees (UNHCR), United Nations Office for Project Services (UNOPS), the Citigroup Foundation, the World Bank and Ford Foundation.
Read more about this topic: Grameen Family Of Organizations
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