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Grameen Bank
The Grameen Bank is a Bangledesh organization that makes small loans to impoverished families in order to help those families establish themselves. The Grameen Bank and its founder Muhammad Yunus were awarded the Nobel Peace Prize on... [more]
The Grameen Bank is a Bangledesh organization that makes small loans to impoverished families in order to help those families establish themselves. The Grameen Bank and its founder Muhammad Yunus were awarded the Nobel Peace Prize on October 13, 2006.
A joint post by Jenny Aker and Michael Clemens.
The headline in the Boston Globe on September 20, 2009 was catchy: “Billions of dollars and a Nobel Prize later, it looks like ‘microlending’ doesn’t actually do much to fight poverty.” The article referred to the findings of two recent impact evaluations in microfinance in India [...]
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