What is the main purpose of Grameen Bank's microcredit loans?
Business expansion
Education
Poverty alleviation
Luxury items
Answer
Grameen Bank's microcredit loans are designed to alleviate poverty by providing small loans to the impoverished without requiring collateral. These loans help individuals start or expand small businesses, improving their financial situations.
Unlocking the Secrets of Grameen Bank: Test Your Knowledge on Bangladesh's Microfinance Revolution!