The moment you talk about Micro-finance one immediately thinks of Grameen Bank of Bangladesh and the legendary Muhammad Yunus. Grameen Bank provides credit to the poorest in rural Bangladesh without any collateral. This credit (unsecured loan) is the most cost effective initiative to fight poverty and develop the social infrastructure in rural areas. Grameen Bank [...]
Filed under: Indian Politics | Tagged: Arthur J Pais, Bangladesh, Grameen Bank, India Abroad, Microfinance, Microloans, Mobile Banking, Muhammad Yunus, September 12th 2008, SKS Microfinance, Vikram Akula | Leave a Comment »
