Grameen Bank (GB) has reversed conventional banking practice by removing the need for collateral and creating a banking system based on mutual trust, accountability, participation, and creativity. GB provides credit to the poorest of the poor in rural Bangladesh, without any collateral. Professor Muhammad Yunus, the founder of “Grameen Bank” reasoned that if financial resources can be made available to the poor people on terms and conditions that are appropriate and reasonable, “these...
Grameen Bank, founded by Nobel laureate Muhammad Yunus, is a pioneering institution in the realm of microfinance. Established in 1983 against conventional banking wisdom, Grameen, meaning... Read More
Grameen believes that charity is not an answer to poverty. It only helps poverty to continue as it creates dependency and takes away individual's initiative to break through the cycle of poverty,... Read More
Grameen believes that charity is not an answer to poverty. It only helps poverty to continue as it creates dependency and takes away individual's initiative to break through the cycle of poverty,... Read More
Vision: Banking for the poorMission: By providing comprehensive financial services, empowering the poor to realize their potential and break out of the vicious cycle of... Read More