Grameen Bank
E882475
Grameen Bank is a pioneering microfinance institution in Bangladesh that provides small loans to the poor, especially women, to promote entrepreneurship and alleviate poverty.
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
bank
ⓘ
microfinance institution ⓘ |
| awarded | Nobel Peace Prize (shared) NERFINISHED ⓘ |
| awardWith | Muhammad Yunus NERFINISHED ⓘ |
| awardYear | 2006 ⓘ |
| businessModel |
microcredit model
ⓘ
solidarity group lending ⓘ |
| clientBase |
landless poor
ⓘ
micro-entrepreneurs ⓘ |
| country |
People's Republic of Bangladesh (from East Pakistan)
ⓘ
surface form:
Bangladesh
|
| currencyOfLoans | Bangladeshi taka NERFINISHED ⓘ |
| focusArea |
poverty alleviation
ⓘ
rural development ⓘ women empowerment ⓘ |
| foundedBy | Muhammad Yunus NERFINISHED ⓘ |
| founder | Muhammad Yunus NERFINISHED ⓘ |
| hasInfluenced |
global microfinance movement
ⓘ
replication of Grameen model in many countries ⓘ |
| headquartersLocation |
Bangladesh
NERFINISHED
ⓘ
Dhaka NERFINISHED ⓘ |
| inception | 1983 ⓘ |
| industry |
banking
ⓘ
microfinance ⓘ |
| knownFor |
Grameen model of microcredit
ⓘ
pioneering modern microfinance ⓘ |
| languageOfOperation | Bengali ⓘ |
| legalForm | specialized bank under Bangladeshi law ⓘ |
| loanRepaymentFrequency | weekly installments ⓘ |
| loanType |
collateral-free loans
ⓘ
group-based lending ⓘ |
| mission |
to alleviate poverty through financial services
ⓘ
to promote self-employment ⓘ |
| offers |
education loans
ⓘ
housing loans ⓘ micro-insurance ⓘ savings products ⓘ |
| operatesIn | rural Bangladesh ⓘ |
| ownershipStructure | majority owned by borrowers ⓘ |
| percentageOfWomenBorrowers | high proportion of women clients ⓘ |
| primaryService |
microcredit
ⓘ
small loans ⓘ |
| reasonForAward | efforts to create economic and social development from below ⓘ |
| regulator | Bangladesh Bank NERFINISHED ⓘ |
| socialApproach |
group meetings
ⓘ
peer monitoring ⓘ |
| targetPopulation |
low-income entrepreneurs
ⓘ
poor people ⓘ women ⓘ |
| website | https://www.grameen.com ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.