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Grameen Bank
(redirected from 16 Decisions)

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
Grameen Bank
A bank in Bangladesh that pioneered modern microfinance. Grameen Bank makes very small loans to extremely impoverished persons to help them achieve self-employment so they are able to lift themselves out of poverty. Borrowers belong to five member groups; members encourage each other to repay the loan. Borrowers must agree to abide by 16 rules for social betterment. While critics contend that too many of Grameen's loans extract high interest rates, some are interest-free. Historically, Grameen has had very low default rates, though many borrowers pay late. It was founded in 1983 by Muhammad Yunus.


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The section on the Court similarly presents composition and rules of procedure, followed by the full texts of the 16 decisions and judgments for the year 2001.
Washburn recovered from that opening-day start, reeling off 15 victories in 16 decisions during one stretch and finishing with a record of 18-6 and an ERA of 3.
It boasts more than 50 sensors, three onboard computers and makes 16 decisions per second to navigate round a room.
 
 
 
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