Grameen Bank
Grameen Bank is a microfinance institution based in Bangladesh that provides small loans, known as microcredit, to impoverished individuals who lack access to traditional financial institutions. It was founded in 1983 by Muhammad Yunus, an economist who envisioned a world in which poor people could access affordable credit to improve their livelihoods.
The model of microfinance that Grameen Bank pioneered has since been replicated in many parts of the world, and it has helped millions of people escape poverty. _________ _____ _____ ___ _______ ________ ______ _______.
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