Grameen Foundation-Growth Guarantees Program

July 2010

Grameen Foundation's Growth Guarantees program was launched in 2005 to increase microfinance clients’ access to loans by guaranteeing local funding for the microfinance institutions (MFIs) that serve them. It has since become one of the industry’s largest financing efforts dedicated to ensuring that socially-focused MFIs get funding in their local currencies, thereby minimizing their exposure to foreign exchange risk. A Promise Delivered chronicles the program's growth and impact in its first five years.