Grameen Bank

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Revision as of 05:29, 15 January 2022 by Marcin (talk | contribs)
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Grameen Bank provides replication guidelines - see link at [1]

From Guidelines -

Today, Grameen Bank is the largest bank in Bangladesh. It serves more than 8.3 million members, 98% 

of them women. All entered the Bank practically landless and asset-less, and with income well below the poverty line. One of the Bank’s most noteworthy aspects is its ownership structure: Borrowers own 95% of the bank, with the government holding the remaining 5%. Each member of Grameen is required to buy at least 1 share. The Bank’s 24,000 employees provide services across more than 95% of the national territory, in about 81,000 villages, through more than 2,500 branch offices.

Mission

Grameen’s leadership and staff recognize that the delivery of microcredit is not the primary objective. Instead, it is a key tool for confronting and addressing the vicious cycle of poverty. Poverty alleviation and its eventual eradication is the ultimate organizational goal.