Two Approaches to Relieving Poverty Essay Example | Topics and Well Written Essays - 500 words

Two Approaches to Relieving Poverty - Essay Example To take out neediness Grameen Bank has purchased an answer which they call banking for poor people. Grameen Bank is established by Muhammad Younus who won the Noble Peace prize for his Bank. It is a network advancement bank which depends on microfinance credits. The thought behind the arrangement of this bank is that the needy individuals have numerous aptitudes which are not being used. The bank gives little credits without the prerequisite of security. It likewise acknowledges stores and runs numerous organizations including phone and texture business. The most striking point about the credit program of this bank is that most of the advance takers are ladies. Grameen Bank has changed the conduct towards ladies in a universal Muslim society where ladies are enslaved to numerous social indecencies. (Younus, 80) In Bangladesh the all out ladies work power is just 9%. In any case, Grameen Bank is the best in connecting with ladies in monetary exercises. Ladies interest in Bank's exerci ses is continually on the ascent. On the off chance that this keeps on happening the bank will get elite for ladies. There are numerous examples of overcoming adversity of ladies like Ammajan Amina and sufiya begum who began bamboo business effectively. The Grameen bank model has professional