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Received Independence Day Award 1994 for outstanding contribution to rural development. Providing comprehensive financial services to empower the poor to realize their potential and to break out of the vicious cycle of poverty. Grameen Bank has launched the “Grameen Pension Scheme” for 5 years and 10 years for the future financial security of its members and employees. Higher Education Loans were introduced for the children of members so that they could pursue higher education with the help of Grameen Bank.
This award was presented to Grameen Bank for its pioneering role in poverty alleviation and social development in Bangladesh. The house loan is one of the social impact loan products in Grameen Bank. Crop loans are specially provided for short-term investments and are usually provided for seasonal farming. The Grameen Bank project started in 1976 as an action research pilot project in “Jobra” village in Chattogram district of Bangladesh. In 1983, the pilot project was transformed into a bank with the aim of alleviating poverty and empowering the marginalized poor in Bangladesh through micro-credit.
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This loan is provided to the children of the members who are educated, enterprising, industrious, and willing to become entrepreneurs … GB Members can take a livestock loan for the purchase and fattening of cattle.
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Grameen Bank offers a fixed deposit scheme with a term of 01 to 03 years under a fixed deposit scheme, a certain amount of money has to be deposited for a fixed period. The unique feature of Grameen Bank is that no collateral is required to get the credit from the bank. Unlike mainstream commercial banks that bring their clients to their shiny branch premises where the poor are afraid to be trampled, Grameen Bank carries its services to the comfort zone of its clients’ doorsteps. It has inspired the women and the weaker section of the communities to join the Grameen fraternity.
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For more than a decade, BU has been increasing and nurturing talent within the youth with modern knowledge and technology. With the international affiliations, BU aims at making its students capable and ethical leaders to lead and represent our nation around the world. Grameen Bank launched a 5-year term deposit product called ‘Monthly Profit Scheme’ and it is open to both members and non-members. Depositors will receive a guaranteed monthly income for the entire term.
GB has recently launched a new loan product called Special Loan which is payable in monthly installments. He was born on June 28,1940 in the village of Bathua in Hathazari, Chittagong, the business center of what was then Eastern Bengal. He was the third of the14 children of his parents, five of whom died in infancy. His father was a successful goldsmith who always encouraged his sons to seek higher education.
Bangladesh University strives to krikya casino attain perfection in its efforts to educate the youth of Bangladesh. We shall keep our environment clean and tidy and ensure health care for all members of our families. We shall improve our quality of life by bringing prosperity to our families.
