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1977 First loans offered by Grameen Bank

3 January
|Recurring Event (See all)

An event every year that begins at 12:00 am on day first of January, happening 7 times

photo of Muhammad Yunus at the World Economic Forum

The Grameen Bank was founded by Professor Muhammad Yunus in Bangladesh. In 2006 he won a Nobel Peace Prize for this work. The Grameen Bank, known as the 'bank for the poor', reversed conventional banking practice by removing the need for collateral. It created a banking system based on mutual trust, accountability, participation and creativity.… Read More »1977 First loans offered by Grameen Bank

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