Bangladesh Grameen Bank

Bangladesh Grameen Bank is a microfinance institution founded in 1983 that provides small loans, called microcredits, to impoverished rural individuals, especially women, to help them start or expand small businesses. By offering financial services without requiring traditional collateral, it aims to empower the poor, reduce poverty, and promote economic development. The bank emphasizes social development alongside financial inclusion, fostering community trust and self-reliance. Its innovative model has gained international recognition for demonstrating how access to credit can significantly improve lives and promote sustainable progress in underserved communities.