Grameen social business services in Bangladesh

Abstract

This paper is an empirical research in Bangladesh on the Grameen Bank (GB) Nabben Uddugta (new entrepreneurs) social business equating financing program conducted in 2014-2015 and in 2017. The purpose of this empirical policy research is to explore the policies, procedures, and strategies of this social business equity funding project of the Grameen sister organizations as well as to identify challenges facing the second-generation entrepreneurs of GB borrowers in running their social businesses in Bangladesh. The grameen social business equity financing program is totally different from Grameen Bank microcredit program in Bangladesh. This empirical research study discovers the Grameen new entrepreneurs are not only run their businesses for profits, but they are also engaging in green businesses for restoring harmonious relationships in their local ecology. They are also engaged in many community civic activities even they are protesting against social ill activities in their community that are harmful to community people like stand against dowry marriages, teenage marriages etc.