Andrea Jung on the Importance of Saving $5 a Week

Andrea Jung on the Importance of Saving $5 a Week

Assessment

Interactive Video

Business, Social Studies

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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