Banco Grameen

Banco Grameen is a microfinance organization based in Bangladesh that provides small loans and financial services to impoverished individuals, especially those in rural areas who lack access to traditional banks. Its goal is to empower poor communities, particularly women, by enabling them to start or expand small businesses, improve their livelihoods, and achieve financial independence. The bank operates on principles of trust, social collateral, and group lending, fostering community support and responsibility. Founded by Muhammad Yunus, Banco Grameen has been influential in demonstrating how microcredit can reduce poverty and promote sustainable economic development.