| Institution Partners

The Grameen Bank model is an organizational form connecting social pressure and joint responsibility. It is currently the world's largest, most efficient, and most successful microfinance institution, with many developing countries emulating or borrowing from it. In October 2006, Yunus was awarded the Nobel Peace Prize for successfully establishing the Grameen Bank.
As a mature poverty alleviation financial model, its main characteristics include targeting the poorest households, with women in poverty-stricken families as the main target customers; providing small, short-term loans with repayment in cycles, where the loan is repaid as a whole, which is the key feature of the model; no need for collateral or guarantors, with group members forming mutual guarantees in place of guarantors, mutually supervising each other, forming an internal constraint mechanism; collecting group funds and compulsory savings as risk funds based on a certain proportion of the loan amount; implementing group meetings and center meetings systems to inspect project implementation and fund usage, process loan disbursements, repayments, and deposits; while also exchanging wealth information, disseminating technical knowledge, and improving the business and development capabilities of borrowers.
As a non-governmental organization (NGO), it provides small loans with low guarantee amounts to poor rural women (microloans) to support their livelihoods. This system is based on the idea that poor people have untapped skills. The bank also accepts deposits, offers other services, and conducts development-oriented operations, including textile, telecommunications, and energy companies.