Month: November 2018

Microfinance Business Model

The Grameen Bank which is a synonym for MicroFinance, makes small loans to the impoverished without requiring collateral. Established in 1976, the Grameen Bank (GB) has over 1000 branches (a branch covers 25-30 villages, around 240 groups and 1200 borrowers) in every province of Bangladesh, borrowing groups in 28,000 villages,