a) State the reason for the success of Grameen Bank in Bangladesh.
b) How are the women borrowers benefitted by this banking system?
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Answer:
a...Grameen Bank (Bengali: গ্রামীণ বাংক) is a microfinance organisation and ... Proving successful, the Bank project, with support from Bangladesh Bank, was extended in 1979 to the ... "What is Microcredit".
b...Save on Home Loan Interest With women having a better track record of repaying their loans, banks encourage women to invest in properties and to buy new homes. To take it ahead, many lending institutions offer a special concession of 0.05% to 1.00% on home loan interest rates.
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Answer:
ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ ⬇️
Explanation:
ɢʀᴀᴍᴇᴇɴ ʙᴀɴᴋ ɪs ᴍᴏʀᴇ ᴛʜᴀɴ ᴀ ʙᴀɴᴋ, ʜᴏᴡᴇᴠᴇʀ. ɪᴛs ᴏʙᴊᴇᴄᴛɪᴠᴇ ɪɴᴄʟᴜᴅᴇs ᴛʜᴇ ᴀʟʟᴇᴠɪᴀᴛɪᴏɴ ᴏғ ᴘᴏᴠᴇʀᴛʏ ᴏғ ᴛʜᴇ ʀᴜʀᴀʟ ᴘᴏᴏʀ ᴛʜʀᴏᴜɢʜ ᴄʀᴇᴅɪᴛ ᴀɴᴅ sᴏᴄɪᴀʟ ɪɴᴛᴇʀᴍᴇᴅɪᴀᴛɪᴏɴ. ɪᴛs sᴜᴄᴄᴇss ᴀs ᴀ ᴘᴏᴠᴇʀᴛʏ ᴀʟʟᴇᴠɪᴀᴛɪᴏɴ ᴘʀᴏɢʀᴀᴍ, ᴏɴ ᴛʜᴇ ᴏᴛʜᴇʀ ʜᴀɴᴅ, ɪs ɪᴛs ᴏᴜᴛʀᴇᴀᴄʜ ᴛᴏ ᴡᴏᴍᴇɴ ᴀᴍᴏɴɢ ᴛʜᴇ ʀᴜʀᴀʟ ᴘᴏᴏʀ ᴡʜᴏ ᴄᴏɴsᴛɪᴛᴜᴛᴇ ᴏᴠᴇʀ 94 ᴘᴇʀᴄᴇɴᴛ ᴏғ ɪᴛs ᴍᴇᴍʙᴇʀsʜɪᴘ.
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