HomeKiva News • Article

Change is in Your Hands: Grameen-Jameel And Kiva Support Entrepreneurs in the Middle East and North Africa

June 30, 2014


Women and youth in the Middle East are pushing boundaries, creating their own opportunities and taking control of their futures. They are the seeds of positive change and you can be a part of their stories through the new Grameen-Jameel Microfinance Ltd. and Kiva campaign, “Change is in Your Hands.”

The campaign allows people around the world to go on Kiva and, with as little as a $25, offer a helping hand to entrepreneurs in Iraq, Jordan, Lebanon, Palestine, Yemen and Turkey. For a limited time, through the generosity of Grameen-Jameel Microfinance Ltd., new users can get a free trial and make a free loan when they visit kiva.org/MiddleEast!

Lending just few dollars can help break down the obstacles women and youth in the region face when trying to make a living to support themselves and their families.

These small entrepreneurs are making critical changes for their families, communities and countries.

Surprising stats

  • 74% of women in the Middle East and North Africa do not have an income
  • 2/3 of the population in the region are under age 30
  • 1 in 4 youth (under age 30) in the region are unemployed
There is a severe lack of jobs and opportunities for women and the growing youth population in the Middle East. Grameen-Jameel and Kiva are helping fund the development of businesses that will not only bring in needed income for the entrepreneurs who start them, but will also create jobs for a population with the highest unemployment in the world. Increased income across the board will improve economic stability in the Middle East and offer a better future for the next generation.

Grameen-Jameel donates $1 million to the cause

Grameen-Jameel Microfinance Ltd. is the first social business in the Middle East and North Africa (MENA). The organization provides financial and technical assistance to its MFI partners in the Middle East and is committing $1 million dollars to the “Change is in your Hands” campaign. The funds will be used to give users a free trial to experiment with lending and allow users to double their impact by matching up to $665,000 worth of loans made on kiva.org/MiddleEast.

A lack of opportunity, lack of income, and lack of agency prevent huge numbers of people in the Middle East from contributing to the workforce. Now change is in your hands and at your fingertips at kiva.org/MiddleEast. Help the groundbreaking ideas, inspirations, and initiatives of women and youth entrepreneurs come alive, and spread the word to your networks so they can join in!