Grameen Trust
Grameen trust is the sister organization of Grameen Bank, the benchmark in microfinance founded in 1983 by Muhammad Yunus,focusing on worldwide replication of the Grameen Bank model. It offers people who are excluded from the
banking system financing solutions to grow their business. Through microloans,
savings and insurance, Grameen Bank makes a significant contribution to
fighting poverty by giving the poorest people a chance to become self-sufficient.
Crédit Agricole S.A. named 2007 bank of the year
for its socially and environmentally responsible policies
Crédit Agricole recently won recognition for its commitment to social
and environmental responsibility (SER) from Innovest and The Banker
magazine.
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Common convictions
Solidarity, trust and responsibility: Grameen and Crédit Agricole draw
their know-how from common values.
Like the cooperative MFIs, the Crédit Agricole Mutuel Local Banks created
starting in 1884 were grass-roots entities. Their purpose was to alleviate
the difficulties encountered by farmers in obtaining financing, who at
the time were dependent on usurious lenders and landowners.
Crédit Agricole has always combined mutualist values with a stringent,
effective approach to ensure that its local banks are financially independent
and profitable.
The Grameen Crédit Agricole Foundation is combining the expertise of the pioneer in microfinance with that of France's largest banking and insurance group, making it a leading operator in the fight against poverty and social exclusion.
