Grameen Trusts Opens Local Indian Office To Support Microfinance

Grameen Bank founder and Nobel Peace Prize winner Muhammed Yunus plans to visit Mumbai, India on January 31 to inaugurate the Grameen Trust India office. Grameen Trust (GT) a private, non-profit non-government organization came into being in 1989 as many people and organizations wanted to learn how to achieve the success of Grameen Bank in reaching and serving the poor with credit. Grameen Trust conducts training programs in micro-financing, and global conferences, and operates in 37 countries with 138 partners who implement microcredit schemes made by Grameen Bank. Within the period from 1991-2002 Grameen Trust has provided assistance to 112 organizations in 34 countries, including 86 organizations in Asia and Pacific alone. The Grameen Trust does not report to the MIX Market, the microfinance information clearinghouse.

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