What is Grameen Bank of Bangladesh?
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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") to the impoverished without requiring collateral. In 1998 the Bank's "Low-cost Housing Program" won a World Habitat Award. ...
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