Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Grameen Bank Promoting Women Employment under Social Entrepreneurship Model in Bangladesh

Author(s): Farrukh Nawaz Kayani, Omar Mahmoud Al Ammari, Misbah Sadiq

 The Grameen Bank completed 37 years of its smooth and successful operations in December, 2020. It is providing collateral free microcredit mostly to the poor and rural women of Bangladesh since 1983. The founder of Grameen Bank Dr. Muhammad Yunus is a contemporary social entrepreneur, and he laid the foundations of Grameen Bank on the lines of being as a social enterprise. The Bank is busy in achieving poverty alleviation by creating self-employment opportunities for the poor women in the rural areas of Bangladesh. It is helping the women to improve their socio-economic conditions by getting engaged in small self-employed businesses. Bangladesh is one of the pioneer countries who introduced the model of social entrepreneurship, and it is important to share that more than 95 percent of the borrowers of Grameen Bank are women. The main objective of this qualitative study is to analyse the impact of Grameen Bank upon women employment and empowerment in Bangladesh.

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