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in Economics by (77.6k points)

Grameen Bank of Bangladesh has done a great job in the rural areas of the country. Which values according to you is it able to support?

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Grameen Bank of Bangladesh was started in the 1970s as a small project. But soon it achieved grand success in removing poverty from the country. It helps the poor to meet their credit needs at reasonable rates. Almost all of the borrowers are women who belong to poorest sections of the society. These borrowers have proved themselves very reliable. They use the money in a number of income generating activities and thus empower themselves and their families.

The values that Grameen Bank of Bangladesh supports are: 

(i) Removal of poverty. 

(ii) Women empowerment. 

(iii) Self-sufficiency. 

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