Andrea Jung on the Importance of Saving $5 a Week

Grenouille in America is a rapidly growing microfinance program in the U.S., serving over 100,000 women and their families with more than a billion dollars in loans. The program focuses on banking, asset building, and improving credit scores for women, empowering them through peer learning. It operates as a non-profit with a social business model, reinvesting profits to expand its reach. Inspired by Bangladesh's microfinance model, it targets women due to their historical exclusion from financial systems.

What is the significance of women forming groups and meeting with their peers weekly?

Why were women in Bangladesh historically excluded from obtaining loans, and how does this relate to the program?