what is the name of the success story that met the credit needs of the poor at reasonable rates in Bangladesh
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Grameen bank of Bangladesh is one of the biggest success stories in reaching the poor to meet their credit needs at reasonable rates.Stared in the 1970s as a small project, Grameen bank now has over 6million borrowers in about 40,000 villages spread across Bangladesh. Almost all of the borrowers are women and belong to the poorest section of the society. These borrowers have proved that not only are poor women reliable borrowers, but that they can start and run a variety of small income generating activities successfully.
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