‘Activities of Grameen Bank’ is one of the important topics on which students can be asked to write a paragraph in exams in school. Grameen Bank supports impoverished communities by offering small loans, enabling individuals, especially women, to start businesses and improve their livelihoods. Please check the various versions (in 100 words, 150 words, 200 words, and 300 words) provided below for the paragraph.
Paragraph on ‘Activities of Grameen Bank’ in 100 Words
Grameen Bank is a special bank that helps poor people. It was started in Bangladesh by Muhammad Yunus. The bank gives small loans to people who do not have money. These people use the money to start small businesses. Women borrow money to buy cows, chickens, or sewing machines. They earn money and take care of their families. Grameen Bank does not ask for big papers or rules like other banks. Many poor people have improved their lives because of this bank. It has helped many families become stronger and happier. The bank’s work is very important for poor communities.
Paragraph on ‘Activities of Grameen Bank’ in 150 Words
Grameen Bank is a special bank in Bangladesh. It was started by Muhammad Yunus to help poor people. Many banks do not give loans to poor people because they have no security. But Grameen Bank gives small loans to help them start small businesses. Women can borrow money to buy cows, chickens, or sewing machines. Some start small shops or make baskets. They use their earnings to support their families.
This bank does not ask for big documents like other banks. People repay the loan in small amounts. Many poor families have become successful because of Grameen Bank. The bank’s main goal is to fight poverty and give people a better life. It has won awards for its good work.
Paragraph on ‘Activities of Grameen Bank’ in 200 Words
Grameen Bank is a special bank in Bangladesh. It was founded by Muhammad Yunus to help poor people. Many banks do not give loans to poor people because they have no security. But Grameen Bank gives small loans, called microloans, to help them. These loans help people start small businesses.
Most of the people who borrow money from Grameen Bank are women. They use the money to buy cows, chickens, or sewing machines. Some start small shops or make baskets. With their earnings, they can buy food, send their children to school, and improve their homes.
Unlike regular banks, Grameen Bank does not ask for big papers or high interest rates. People repay their loans in small amounts. This system has helped many families escape poverty. Grameen Bank has won many awards for helping the poor. It has also inspired other banks around the world to help poor people.
Paragraph on ‘Activities of Grameen Bank’ in 300 Words
Grameen Bank is a unique bank that helps poor people in Bangladesh. It was started by Muhammad Yunus to support those who did not have enough money. Regular banks do not give loans to poor people because they do not have security or important documents. But Grameen Bank gives small loans, known as micro-loans, to help them. This helps them start small businesses and improve their lives.
Most of the borrowers from Grameen Bank are women. Women use the loan to buy cows, goats, or chickens. Some buy sewing machines to stitch clothes, while others start small shops or make baskets. With their earnings, they buy food, send their children to school, and improve their homes. The bank’s system is different from regular banks. It does not ask for big documents, and people repay the money in small amounts.
Grameen Bank helps poor families become independent. It teaches them how to use money wisely. This system has helped millions of people escape poverty. Because of its good work, Grameen Bank has won many awards, including the Nobel Peace Prize. It has also inspired many other banks to help poor people in different countries. The work of Grameen Bank is very important for a better world.
MCQ’s on ‘Activities of Grameen Bank’
1. Where was Grameen Bank started?
a) India
b) Bangladesh
c) Nepal
d) Sri Lanka
2. Who started Grameen Bank?
a) Mahatma Gandhi
b) Nelson Mandela
c) Muhammad Yunus
d) Bill Gates
3. What kind of loans does Grameen Bank give?
a) Large business loans
b) Small loans (microloans)
c) Gold loans
d) Education loans
4. Who mostly borrows money from Grameen Bank?
a) Rich businessmen
b) Government workers
c) Poor women
d) Students
5. What do women buy with the loan money?
a) Cars and houses
b) Cows, chickens, or sewing machines
c) Expensive clothes
d) Mobile phones
6. How do people repay the loan?
a) All at once
b) In small amounts
c) After ten years
d) By selling their house
7. Why do regular banks not give loans to poor people?
a) They don’t trust them
b) They don’t have security or documents
c) They don’t want to help
d) They only help big businesses
8. What is the goal of Grameen Bank?
a) To make rich people richer
b) To fight poverty and help poor people
c) To open more banks
d) To build big businesses
9. What award did Grameen Bank win for its work?
a) Nobel Peace Prize
b) Olympic Gold Medal
c) Academy Award
d) Booker Prize
10. How has Grameen Bank inspired other banks?
a) By building tall buildings
b) By showing that small loans can help the poor
c) By giving money to rich people
d) By opening banks in cities
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