pz tell how does grameen bank of Bangladesh help the rural poor?
Answers
Answer:
Grameen Bank targets and mobilizes the poor and creates social and financial conditions so that they receive credit by identifying a source of self-employment in familiar rural non-farm activities..
Explanation:
Grameen Bank, Bangladeshi bank founded by economist Muhammad Yunus as a means of providing small loans to poor individuals (see microcredit). In 2006 Grameen and Yunus were awarded the Nobel Prize for Peace.
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Grameen bank targets and mobilizes the poor and creates social and financial conditions so that they receive credit by identifying a source of self- employment in familiar rural non-farm activities..
Grameen bank , Bangladeshi bank founded by economist Muhammad yunus as a means of providing small loans to poor individuals . In 2006 Grameen and yunus were awarded the Nobel prize for peace..
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