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The microcredit program in Bangladesh is implemented by NGOs, Grameen Bank, different types of government-owned banks, private commercial banks, and specialized programs of some ministries of the Bangladesh Government, etc. Despite the fact that more than a thousand institutions are operating microcredit programs, only 10 large Microcredit ...
Non-profit, self-sufficient microfinance institution: Purpose: ASA programs focused on awareness-raising and group formation for the poor aiming at integrated development through asserting rights of the poor, education, mini-irrigation, primary health, credit for income generation, etc. Headquarters: Dhaka, Bangladesh
Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [5] [6] It provides small loans (known as microcredit or "grameencredit") [7] to the impoverished without requiring collateral.
Grameen Bank founder Muhammad Yunus will lead an interim government in Bangladesh after protests ousted Prime Minister Sheikh Hasina.
Under the Build, Operate and Transfer (BOT) program, the Trust directly implements the projects to respond to the need for immediate and rapid implementation of poverty focused microfinance programs. Grameen Trust hosts the Grameen Global Network (GGN) and publishes the Grameen Dialogue newsletter to promote the cause of microcredit movement. [ 5 ]
The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like banks, non-bank financial institutions (FIs), insurance companies, capital market Intermediaries like brokerage houses, merchant banks etc.; micro finance institutions (MFIs).