6.Imagine yourself as a Grameen Bank of village Sonpur.Analyse the reasons for which you will
be willing to give loans to a Self-Help group in the village.
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Answers
Answer:
So that they can get some money to have their meals and also have some some money to save for the future.
Explanation:
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Answer:
Grameen Bank (Bengali: গ্রামীণ বাংক) is a microfinance organisation and community development bank founded in Bangladesh. It makes small loans (known as microcredit or "grameencredit")[7] to the impoverished without requiring collateral.
Grameen BankTypeBody Corporate (Bank Law)[1]IndustryFinancial servicesFoundedOctober 1983FounderMohammed YunusHeadquartersDhaka, Bangladesh
Number of locations
2,568 branches (January 2018)[2]
Area served
Bangladesh
Key people
Abul Khair Mohammed Monirul Hoque (Acting managing director)[3]ProductsMicrofinanceRevenue ৳12.436 billion (US$150 million)(2010)[4]
Operating income
 ৳8.514 billion (US$100 million) (2010)[4]
Net income
 ৳75.73 crore (US$9.0 million) (2010)[4]Total assets৳125.4 billion (US$1.5 billion) (2010)[5]
Number of employees
20,138 '(January 2018)[6]Websitegrameen.com
Grameen Bank originated in 1976, in the work of Professor Muhammad Yunus at University of Chittagong, who launched a research project to study how to design a credit delivery system to provide banking services to the rural poor. In October 1983 the Grameen Bank was authorised by national legislation to operate as an independent bank.
The bank grew significantly between 2003 and 2007. As of January 2011, the total borrowers of the bank number 8.4 million, and 97% of those are women.[8] In 1998 the Bank's "Low-cost Housing Program" won a World Habitat Award. In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize.
Explanation:
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