Grameen Bank

Founded in 1983 by Professor Muhammad Yunus in Bangladesh, Grameen Bank was established on the principle that credit is a fundamental human right. Its mission is to combat poverty by providing small loans and banking services to the rural poor, particularly women. The bank's revolutionary model is based on a system of mutual trust, accountability, and participation, where loans are given to groups of borrowers who support each other in repayment. This approach has enabled millions to start small businesses, escape poverty, and has inspired the global microcredit movement.