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The global financial crisis has highlighted a curious success story: A bank that doles out loans to some of the world's poorest, least-creditworthy people continues to have a payback rate of ...
Launched 10 years ago in New York City, Grameen America is an offshoot of the venerable Bangladesh-based Grameen Bank, founded in the 1970’s by Pulitzer-prize winner Muhammad Yunus to provide ...
A Bangladesh court on Wednesday issued an arrest warrant against Nobel laureate and Grameen Bank founder Muhammad Yunus for failing to appear before it on charges he violated labor laws.
The bank offers loans of between $500 and $3,000. No collateral is needed, but borrowers, gathered in peer groups of five to help ensure they stick to the rules, must repay two percent of the loan ...
If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com Muhammad Yunus, the Nobel Prize-winning founder of Grameen Bank, said recent moves by Bangladeshi officials to ...
“Grameen America’s success and growth in 2008 came in an environment where banks were cutting back on loans. Now, in 2009, Grameen America is expanding its operation to Omaha and continuing with its ...
In 1983, Yunus founded Grameen Bank, which gives small loans to entrepreneurs who would not normally qualify for bank loans. The bank’s success in lifting people out of poverty led to similar ...
Grameen Bank Founder’s Fate in the Balance 2 minute read By TIME Staff February 28, 2011 5:11 AM EST ...
Grameen America expects to serve 500 women and invest over $1 million during its first year in Houston. In five years, the organization aims to assist 5,000 low-income women and invest more than ...
It operated under Uniqlo Social Business Bangladesh, a “wholly owned” Fast Retailing subsidiary that began in 2010 as a partnership between the LifeWear maker and Grameen Bank Group to tackle ...