Baking Bread and Finding Success

One of Grameen Foundation partner Al Karama’s newest clients, Louisa’s first loan was for 1,000 dirham ($100). She bakes bread for her community and for the tourists who visit Oujda in the summer to enjoy the warm beaches. Louisa is married and has two sons and one daughter. She buys food and clothing for her children with the money she makes from her business. Louisa rents a tiny apartment in a government-owned building, the same complex where she was raised by her parents. She dreams of using her profits to purchase her own home one day.


Grameen Foundation's mission is to empower the world's poorest people to lift themselves out of poverty with dignity through access to financial services and to information. With tiny loans, financial services and technology, we help the poor, mostly women, start self-sustaining businesses to escape poverty. Founded in 1997 by a group of friends who were inspired by the work of Grameen Bank in Bangladesh, our global network of microfinance partners reaches over 3.6 million families in 25 cou...

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