Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 25. Chapters: Alive a Kicking (social enterprise), Benetech, Better The World, Better World Books, CAP Markets, Casa Mesita, Children of Armenia Fund, Comat Technologies, Comhar Dun Chaochain Teo, Devex, Drishtee, Ecoisland Partnership CIC, Educare India, Embrace (non-profit), Enercoop, Fairfield Materials Management Ltd, Farm Builders, Give Something Back Business Products, Global Press Institute, Grameen Bank, Great Lakes Energy, Greyston Bakery, LifeSpring Hospitals, Masarang Foundation, Patients Know Best, Toms Shoes, Trashy Bags, Tree2mydoor, Ustanovka, WorkVentures. Excerpt: The Grameen Bank (Bengali: ) is a Nobel Peace Prize winning microfinance organization and community development bank started in Bangladesh that makes small loans (known as microcredit or qgrameencreditq) to the impoverished without requiring collateral. The name Grameen is derived from the word gram which means qruralq or qvillageq in the Bengali language. The system of this bank is based on the idea that the poor have skills that are under-utilized. A group-based credit approach is applied which utilizes the peer-pressure within the group to ensure the borrowers follow through and use caution in conducting their financial affairs with strict discipline, ensuring repayment eventually and allowing the borrowers to develop good credit standing. The bank also accepts deposits, provides other services, and runs several development-oriented businesses including fabric, telephone and energy companies. Another distinctive feature of the bank's credit program is that the overwhelming majority (98%) of its borrowers are women. The origin of Grameen Bank can be traced back to 1976 when Professor Muhammad Yunus, a Fulbright scholar at Vanderbilt University and Professor at University of Chittagong, launched a research project to examine the possibility of...Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.
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