This project will conduct primary and secondary research for program design and will establish community partnerships to investigate the feasibility of targeting Grameen America's lending services to low-income young men. Grameen America's program offers an opportunity for low-income people to be integrated into the financial mainstream by providing them with low-interest loans to invest in a business that will increase their income, offering financial education, and facilitating asset-building and credit establishment. Project activities will consist of: (1) conducting discussion groups to collect information regarding interest in entrepreneurship and microfinance; (2) meeting with field experts to provide input on program content and design; (3) building partnerships with community organizations to develop potential pilot sites; and (4) conducting a literature review of best practices for working with young men in entrepreneurship. The final deliverables for this project will be a report with market analyses, and a proposed program and implementation strategy for expanding the work with young men. These analyses could potentially leverage investments to implement a program based upon research findings and recommendations.
Amount Awarded $75,000.00
Awarded on: 5/4/2012
Time frame: 6/1/2012 - 9/30/2012
Grant Number: 70025