Grameen definition

Grameen means "rural" or "village" in Bangla. Mid- level organizations branches are located in the rural area, unlike the other commercial bank which tries to locate themselves as close as possible to the business districts and urban centers. First principle of MENTIONED ORGANIZATIONS is that the clients should not go to the bank, it is the bank which should go to the people instead. Mid-level organizations has branches, works in villages with its devoted staffs.
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Grameen means village. The bank was started in 1976 during a particularly difficult time in the history of Bangladesh, while there was fighting throughout the country. In Bangladesh, Grameen doesn't challenge or compete with the existing banks, as it works with the poorest, and mainly with women who save for the family unit. 70% of Grameen borrowers in Bangladesh cross the poverty line. Furthermore, it has changed the role of women in a traditionally Muslim country, and can be viewed as a catalyst of “bottom-up” modernization. It has restored dignity across Bangladeshi society.
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Grameen means ‘village’ in Bengali. The Bank is owned by the rural poor. Borrowers of the Bank own 90% of its shares, while the remaining 10% is owned by the government. As of December, 2008, the Grammen Bank has 7.67 million borrowers, 97 percent of whom are women. They have 2,539 branches, provide services in 83,566 villages, covering more than 99 percent of the total villages in Bangladesh.
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Examples of Grameen in a sentence

  • In 2014, GCU was designated as a Changemaker Campus by AshokaU, the first in Scotland and only the second in the UK, in recognition of its commitment to embed social innovation across the University’s campuses in Glasgow, London and New York, and for the social innovations we have developed including the Unilever Global Development Award winning Grameen Caledonian College of Nursing in Bangladesh.

  • The Grameen system was created by GCU Chancellor and Nobel‐Laureate Professor ▇▇▇▇▇▇▇▇ ▇▇▇▇▇.

  • We work with project partners such as Curamericas and Grameen Bank in order to increase our impact in the regions we work.

  • Promote community-based programs that build and enhance rural women’s economic independence: With the recent success of microfinance models such as Grameen Foundation in rural South-Asia and its linkages to positive reproductive health behaviors (▇▇▇▇▇▇▇, et al., 1997); India’s rural developmental policies should leverage such models that provide women with microloans along with mentorship for small-scale businesses.

  • It maintains a four steps orgnizational structure: Head Office, Divivisional Office (6nos.), Regional Office(55nos.) and unit office(325 nos.) Apart from these 20 Grameen Technology Center are in operation.

  • Lack of credit from the development banks limits the scale of operation executed by the NGOs. Scaling up of the solar program is therefore limited within the larger micro-finance organizations like Grameen Shakti and larger NGOs like BRAC.

  • Listed below is a table that presents the different kits proposed by Grameen Shakti and that can be used as a reference for Indonesian market.

  • Detailed information about some MFIs 13 Notes and References 43 BB Bangladesh Bank GPS Grameen Pension Scheme MCP MicroCredit Program MFI Micro Finance Institution MRA Microcredit Regulatory Authority NGO Non Governmental Organization RFM Rural Financial Market SCB State Commercial Banks Bangladesh is, in many ways, the most developed microfinance market in the South Asian region.

  • In recognition of the robust poverty eradication via microfinance activities, the Grameen Bank and its founder, Dr. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ have been awarded The 2006 Nobel Peace Prize.

  • The College’s impact on healthcare, education and research was recognised in July 2014 when GCU became the first university to win the prestigious Unilever Global Development Award (supported by Business Fights Poverty) for its work with Grameen to establish and support GCCN, the first UK university to achieve this accolade.

Related to Grameen

  • STU means the Board or the Government company notified by the respective State Government under Sub-section (1) of Section 39 of the Act;

  • Sproule means Sproule Associates Limited;

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • CSAM or "Credit Suisse" (or any combination thereof).

  • Provost means the Provost and Vice-President, Academic (UBC Vancouver), the Provost and Vice-President, Academic (UBC Okanagan), or both, as appropriate.