Grameen Bank

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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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For preparing the composite household decision-making index, all the 16 decisions used for the study were listed out and perceptions of 24 judges in the age group 26 to 58 year engaged in various type of occupation were collected, regarding the rank or importance of each decision.
It states that the postal services and broadcasting sectors have been given close attention by the Commission, with 15 and 16 decisions, respectively, in five years.
The 16 Decisions of the Grameen Bank (illustrated) www.grameen.com/bank/the16.
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.
It boasts more than 50 sensors, three onboard computers and makes 16 decisions per second to navigate round a room.
More than 50 sensory devices constantly feed data to the vacuum's "brain." Based on this data, the machine makes 16 decisions per second, allowing it to constantly navigate its way around a home.
Infantino said that, despite initial fears, the VAR system had worked well, it had reviewed a of 19 decisions in the 62 matches so far and had corrected 16 decisions which were initially wrong.
The Ministry of Municipality and Environment's (MME) building demolition and maintenance committee has issued 16 decisions within the past four months.
A senior ministry official told the GDN that the council had not referred a single decision to Municipalities and Urban Planning Affairs Minister Dr Juma Al Ka'abi since September 1, while another council had already submitted 16 decisions since the start of the month.