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Grameen Foundation : Where we work : Latin America / Caribbean : El Salvador

El Salvador

The Need in El Salvador

  • 19 percent of the population (1.3 million people) live on less than $1 a day.
  • 3.4 million people (48.3 percent of the population) live below the national poverty line.
  • El Salvador ranks 101th among nations on the Human Development Index.
El Salvador has severe poverty problems, but since the end of its 12-year civil war in 1992, the country has been working toward building stability. Microfinance is fairly well developed in El Salvador compared to other countries in the region, with 14 percent of the estimated demand being met.

Our partner microfinance institution in El Salvador:  Las Melidas
 



Grameen Foundation : Where we work : Latin America / Caribbean : El Salvador

- 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.

50 F Street NW, 8th Floor / Washington, DC 20001 USA
+1-202-628-3560     www.grameenfoundation.org

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