History Of Grameen Bank. Grameen Bank, Bangladeshi bank founded by economist Muhammad Yunus as a means of providing small loans to poor individuals (see microcredit). During this quarter of a century it has faced many When someone claims microcredit has a thousand year history, or a hundred year history, nobody finds it as an exciting piece of historical information.
Grameen Bank | La Vie Boston (Arthur Reyes)
The story behind the first concerted effort to make financing accessible to the world's poorest is the stuff of folklore. The Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance organization and community development bank started in Bangladesh that makes small loans (known as microcredit or "grameencredit") to the impoverished without requiring collateral. Social-Impact Investing - An umbrella term that describes the field of study and business practices mobilizing private investment capital for social purposes.
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The Grameen Bank is powerful proof that the private sector can perform most of the World Bank's functions.
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The state-owned banks have regularly extended. The Grameen Bank, indeed all big microcreditors in Bangladesh, may be finding it harder to collect on loans. Political hatred is the most common phenomenon in Bangladesh started long before.