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X-WR-CALNAME:Office For Justice, Ecology and Peace
X-ORIGINAL-URL:https://socialjustice.catholic.org.au
X-WR-CALDESC:Events for Office For Justice, Ecology and Peace
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SUMMARY:1977 First loans offered by Grameen Bank
DESCRIPTION:The Grameen Bank was founded by Professor Muhammad Yunus in Bangladesh. In 2006 he won a Nobel Peace Prize for this work. \n\n\n\nThe 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.  Yunus reasons that credit is a cost effective weapon to fight poverty and it serves as a catalyst in the over all development of socio-economic conditions of the poor. Find out more here.
URL:https://socialjustice.catholic.org.au/event/1977-first-loans-offered-by-grameen-bank-2021-01-01/
CATEGORIES:Anniversary
ATTACH;FMTTYPE=image/jpeg:https://socialjustice.catholic.org.au/wp-content/uploads/2019/11/Muhammad-Yunnus.jpg
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