Affiliation:
1. University of Wroclaw, Poland
Abstract
Grameen Bank has gained a significant position in the global microfinance sphere that ensures the presence of the poor in the mainstream financial scenario. The Grameen Bank microfinance concept has been adopted in over 40 countries and has had significant success in a variety of societies. This bank has served 9.44 million clients and 2,568 branches. GB provides services in 81,678 villages, covering more than 93% of the total villages in Bangladesh. In order to get a loan from the GB, rural women have to be extremely poor. This bank's intention is to remove poverty and unemployment through the business and make them economically self-sustainable. GB works in Bangladesh and developing countries. GB has drawn global attention because of its aims and easy money lending mechanism to the rural poor people for making themselves financially strong and diminishing the rate of poverty and unemployment.
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