Investment Details
Investor Type
Charitable Foundation
Asset Class Focus
ESG and Impact Investing
Stage Focus
Seed, Early Stage, Growth
Geographical Focus
Saudi Arabia, Egypt, Tunisia, Morocco, Lebanon, Turkey, Jordan, Palestine, Sudan, Yemen, Syria
Industries Focus
- Financial Services
- Microfinance
- Social Impact
Investment Size:
1,000,000 to 5,000,000 USD
Investor Details Founded: 2007
Established in 2007 as a joint venture between Grameen Foundation and Abdul Latif Jameel Group, Grameen-Jameel Microfinance Limited is a social business focused on alleviating poverty in the Middle East and North Africa (MENA) region. The organization forms strategic partnerships with microfinance institutions (MFIs) to provide financial support and technical assistance, aiming to enhance the microfinance sector's ability to serve low-income communities, particularly women. Grameen-Jameel operates across multiple countries, including Morocco, Tunisia, Egypt, Lebanon, Jordan, Palestine, Syria, Yemen, Turkey, Saudi Arabia, and Sudan, reaching a diverse clientele in these regions.
Grameen-Jameel's investment strategy centers on ESG and impact investing, targeting early-stage to growth-stage MFIs that demonstrate a commitment to social impact and financial sustainability. The organization offers financing ranging from $1 million to $5 million, tailored to the specific needs of its partners. By providing both financial resources and technical assistance, Grameen-Jameel aims to strengthen the operational capacity of MFIs, enabling them to extend their outreach and improve their services to underserved populations.
Over its operational years, Grameen-Jameel has facilitated significant financing to its MFI partners, contributing to the expansion of microfinance services in the MENA region. The organization's approach emphasizes collaboration with local institutions to ensure that financial products are accessible and relevant to the communities they serve. Through these efforts, Grameen-Jameel continues to play a pivotal role in promoting financial inclusion and economic empowerment in the region.
Requirements
- Demonstrated commitment to social impact
- Financial sustainability
- Operational capacity to manage increased outreach
Contact
[Official Website Hidden]
[HQ Location Hidden]
[Email Hidden]
[Contact Number Hidden]
Portfolio Companies
- First MicroFinance Institution Syria
- Aga Khan Agency for Microfinance
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