Write a note on the success story of ' Grameen Bank Of Bangladesh'
Answers
Grameen Bank of Bangladesh was founded by Prof. Muhammad Yunus (a recipient of Nobel Peace
Prize for the year 2006) in year 1970. Over the last 42 years i.e., from 1976 to 2017 the operations of the
bank spread to a large area of. Bangladesh. The bank was started with a very small project and in year 2005, it spread across 40,000 villages with 6 million borrowers in various parts of Bangladesh. Most of the borrowers of this bank are women and belong to poor sections of society. These poor women have started ‘self-employment’ projects by taking credit from this grameen bank. This credit has positive impact on these women as they started a gainful employment, which helped them not only to repay their loan but also to earn a good living for themselves and their family
Answer:
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Grameen Bank of Bangladesh was founded by professor Muhammad Yunus a recipient of Nobel Peace Prize for the year 2016 year 1970 over the last 42 years that is from 1976 to The bank was started with the very small project in year 2005 it is spread across 40000 villages with 6 million in various parts of Bangladesh most of the purpose of this banker women and belong to poor sections of the society. This poor women have started self employment project by taking credit from this Gramin Bank this credit has positive impact on this woman as they started again ful in Parliament which help them not only in to repay loan but also to earn a good living for themselves and family.
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