Grameen Bank

Grameen Bank is a pioneer in the microfinance field and is well known for practices that have since become common throughout the world, such as village lending circles where the group guarantees payment by each individual. Having started by lending $27 to 42 villagers in 1976, the GB to date has offered credit to 3.36 million borrowers and disbursed $4.27 billion in cumulative loans. It works in 44,636 villages, operates 1,229 branches, and employs nearly 12,000 people.

POINT (90.356331 23.684994)