Sep
21

Grameen PrimaCare (GPC)

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    Grameen PrimaCare (GPC) is dedicated to significantly improving access to high-quality affordable health care for underserved communities in the United States. GPC seeks to test and deliver innovative and comprehensive health care models that combine high-quality affordable primary care, health education, and wellness programs, to empower low-income women to build healthier lives and cultivate healthy communities. GPC was created to cost-effectively improve the health of Grameen America members in New York City. Grameen America, our microfinance sister organization, has brought affordable credit, savings, and other financial services to more than 10,000 low-income women entrepreneurs in New York City and around the U.S. since 2008. Of these members, 99.4% are paying back their loans on time. The success of this program is directly attributable to its unique design. GA was founded by Professor Muhammad Yunus, and uses the same Grameen Bank group model that has been refined over decades of testing. Yunus and the Bank members were awarded the 2006 Nobel Peace Prize for Grameen Bank’s achievements. The Grameen model requires individuals to form a group of five and meet on a weekly basis to make loan repayments and savings account deposits. The loans are small, averaging about $1,500, but they provide the women with the only affordable opportunity to improve their financial circumstances. With a focus on women’s empowerment, GA currently offers loans … [Read more...]