We’re watching the profile of Grameen Bank on PBS’s ‘New Heros’ series.
Grameen, guided by founder Muhammed Yunus, has brought ‘micro-credit’
to millions of the poorest of the poor, required no collateral,
experienced an infinitessimal default rate, and has had a profound
impact on the lives of communities across Bangladesh, at a scale and
depth large international institutions can only imagine.

Deeply moving. One of the great innovations of the 20th Century.

And no doubt a key trigger of the bottom of the pyramid phenomenon.

PS: There are now more than two dozen organizations within the Grameen
family of enterprises
. These include the replication and research
activities of
Grameen Trust, handloom enterprises of
Grameen Uddog
and fisheries pond management by Grameen
Motsho or the Fisheries Foundation
.

(Get involved at Grameen Foundation.)


Comments to "Micro-credit. Macro-impact."

  1. make money online

    December 31, 2018

    I couldn’t resist commenting. Exceptionally ѡell written!

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