......... is a microfinance organisation and community development bank founded in Bangladesh which makes small loans to the impoverished without requiring collateral.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Grameen bank.
Grameen Bank is a microfinance organization and community development bank founded in Bangladesh. It provides small, collateral-free loans to impoverished individuals, primarily empowering rural communities and women entrepreneurs. Established by Muhammad Yunus in 1983, the bank follows a unique group lending model that fosters financial inclusion and self-sufficiency. By offering microloans, savings, and other financial services, Grameen Bank helps low-income individuals start small businesses, improve their livelihoods, and break the cycle of poverty, contributing to sustainable economic development.