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Grameen America, a sister organization to the Grameen Bank which won the 2006 Nobel Peace Prize jointly with Professor Muhammad Yunus, brought the Grameen brand of microfinance to New York City in January 2008. Since then, Grameen America has lent out over $1.2 million in income generating loans to 500 poor families in Queens, New York with a repayment rate of over 99%. To learn more about Grameen America visit www.grameenamerica.com.
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