Grameen Bank is a microfinance, specialized community development bank founded in Bangladesh that provides small loans, known as microcredit, to the impoverished without requiring collateral. It is a statutory public authority that originated in 1976 in the work of Muhammad Yunus, a professor at the University of Chittagong, and was authorized by national legislation to operate as an independent bank in October 1983. In 2006, the bank and Yunus were jointly awarded the Nobel Peace Prize, and the bank's model has inspired similar projects in more than 64 countries.
Facts
Company TypeStatutory public authority 1 Founded Year Company Type
Company Type (category) Connections
Companies Founded
Source Muhammad Yunus (Wikipedia)
Companies Led
Source Muhammad Yunus (Wikipedia)
Operates In
Source Wikipedia: Grameen Bank
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Located In
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Source Wikipedia: Grameen Banktier 2
Sources
1. Wikipedia, Grameen Bank
Lead section
In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize.
Infobox company, founded field
founded = 2 October 1983
View the SourceWikipedia: Grameen Bank
WikipediaOperates In: Financial Services Industry, Wikidata statement: industry (P452)Quote, Operates In: Financial Services Industry, Wikidata statement: industry (P452)
industry (P452) target Q837171, matched to the live industry entity "Financial Services Industry" by qid (enwiki-sitelink resolved)
Muhammad Yunus (Wikipedia)
Companies Founded: Muhammad Yunus, Lead
He is the founder of Grameen Bank and the first Bangladeshi to win the Nobel Peace Prize.
Companies Led: Muhammad Yunus, Dismissal from Grameen Bank
to remove him as managing director of Grameen Bank
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