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Grameen Fund

Russell, Jesse

See all formats and editions

High Quality Content by WIKIPEDIA articles! Grameen Fund is a not-for-profit company in Bangladesh established by Muhammad Yunus to provide risk capital to small and medium enterprises (SME) beyond the scope of Grameen Bank's objectives of providing microcredit to the very poor.

Incorporated in 17 January 1994, Grameen Fund started operation in February 1994, inheriting 40 projects of Grameen bank with assets of 391 million Bangladeshi taka investmented in small industries, fisheries and agriculture.

Its lending capital is provided by Grameen Bank and other institutions like Calvert Foundation.

From the first Calvert Foundation investment, approximately 6,000 permanent jobs have been created or maintained in agriculture, engineering, poultry, dairy, fishery, and handicrafts sectors.

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Product Details

Publisher/Imprint BookOnDemand

ISBN/Ean5510067330 / 9785510067330

FormatEbook

Book LanguageEnglish

Pages1 pages

BIC GB Encyclopaedias & reference works