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Grameen Foundation : Where we work : Latin America / Caribbean : Dominican Republic

Dominican Republic

The Need in the Dominican Republic

  • 2.5 million people (28.6 percent) live below the national poverty line.
  • The Dominican Republic is 94th among nations in the social well-being of its people, as measured by the Human Development Index.

There are at least 21 institutions that offer microfinance in the Dominican Republic, yet there are few services targeting the poor and especially the poorest (those subsisting on less than $1 per day) and those living in remote rural areas. The supply of microfinance is only four percent of the estimated demand.

Our partner microfinance institutions in the Dominican Republic: Esperanza International and FSMA

Dominican Republic success story: Dieula



Grameen Foundation : Where we work : Latin America / Caribbean : Dominican Republic

- Grameen Foundation - Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.

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+1-202-628-3560     www.grameenfoundation.org

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