Microloans for low-income women starting or growing a business.

Garameen America offers business loans specifically designed to help low-income women who want to start or grow a business find funding. But you can’t apply online — you have to visit a branch to fill out an application in person. And its branches are limited to 15 cities.


Min. Amount


Max. Amount


Product Name Grameen America
Min. Amount $2,000
Max. Amount $15,000
APR 15% to 18%
Requirements Entrepreneur or business owner, live below the poverty line, live near a branch

Application Criteria

  • Entrepreneur or business owner
  • Live below the poverty line
  • Live near a branch

First, do I qualify?

To qualify for a Grameen America business loan, you must meet the following criteria at a minimum:

  • Entrepreneur or business owner
  • Live below the poverty line
  • Live near a branch

While you don’t need to be a woman to qualify, this nonprofit lender specializes in funding that demographic.

Where does Grameen America have branches?

Grameen America has branches in the following cities:

  • Fresno, CA
  • Los Angeles, CA
  • Oakland, CA
  • San Jose, CA
  • Miami, FL
  • Indianapolis, IN
  • Boston, MA
  • Charlotte, NC
  • Omaha, NE
  • Newark, NJ
  • Union City, NJ
  • New York, NY
  • San Juan, PR
  • Austin, TX
  • Houston, TX

What makes Grameen America business loans unique?

Grameen America is one of the few nonprofit lenders that specializes in small loans for low-income women who want to start or expand their business. It looks at criteria other than your credit score and income to determine your eligibility, rates and terms. While rates might be higher than your typical business loan, they may be lower than the few other funding options available.


  • Startups can qualify
  • Funding designed for low-income women
  • Loans as low as $2,000 available
  • No fees


  • No online loans
  • Only available in 15 cities
  • High rates compared to standard business loans
  • Limited information about loans online
  • Only way to get in touch is email

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