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micro credit

Grameen Bank – Pioneer of Poverty Alleviation in Bangladesh

2018-11-212016-12-24 by Nuur Hasan

Introduction The Grameen Bank (GB) is a rural bank in Bangladesh. It provides credit to the rural poor, particularly women who own less than half an acre of land or whose assets do not exceed the value of one acre of land. Unlike traditional commercial bank loans, Grameen Bank loans …

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Categories Human Development

Microcredit – A Staircase to Development

2018-09-142016-12-20 by Nuur Hasan

Introduction Money begets money. Adam Smith in his famous book Wealth of Nations said, “When you have got a little, it is often easy to get more. The great difficult thing is to get that little.” Microcredit is a small size of the loan that is given to the poor …

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Categories Human Development
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