Audit 40107

Title: Matching Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal expenditures of Grameen America, Inc. (Grameen) for the year ended December 31, 2022, and is prepared on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Accordingly, some amounts presented in the Schedule may differ from amounts presented in, or used in, the preparation of the Organizations fiscal 2022 consolidated financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. During the year ended December 31, 2022, the Organization matched $1,046,530 under the CommunityDevelopment Financial Institutions Program.