The Grameen Bank started to diversify in the late 1980s when it began attending to unutilized or underutilized fishing ponds, as well as irrigation pumps like deep tubewells.
The bank also accepts deposits, provides other services, and runs several development-oriented businesses including fabric, telephone and energy companies.
[6] As of 2007, it invested equity worth $1.0 million in 13 joint ventures and financed 1763 small and micro enterprises in Bangladesh, especially in technology-oriented industries, by providing collateral-free fixed and working capital loans.
GTC has driven the pioneering GP program of Village Phone that enables rural poor to own a cell-phone and turn it into a profit making venture.
[14] Besides providing IT support to various Grameen family organizations it in charge of developing systems for organizations like CASHPOR Financial and Technical Services Private Limited (CFTS) in Mirzapur District, Uttar Pradesh, India, CMC in UIndia, Swayam Krishi Sangham (SKS) in Hyderabad, India, Grameen Koota in Bangalore, India, Moris Rasik in East Timor, Ganesha Foundation in Jakarta, Indonesia, and Ahon sa Hirap Inc. (ASHI) in Manila, Philippines.
[14] The company has developed the Village Computer and Internet Program (VCIP) to set up a number of multipurpose Cyber Kiosks in rural areas using different connectivity solutions for information access, communication and IT education.
[16] A partner of International Development Research Centre (IDRC) initiative Pan Asia Networking (PAN),[18] GC is also developing a program with Digital Divide Data of United States to provide data entry jobs for rural Bangladeshis.
GS trained local youth as technicians to ensure that people would have efficient and free after-sales service right on their doorstep.
In 2007, Grameen Shakti was honoured with a Right Livelihood Award for "bringing sustainable light and power to thousands of Bangladeshi villages, promoting health, education and productivity.
[2][3] Grameen Byabosa Bikash (GBB) or Grameen Business Promotion and Services was established in 1994 as a social business and not-for-profit organization to provide supplementary services on top of microcredit to rural entrepreneurs dealing in products like vegetables, livestock or handicrafts to provide experience, skill and knowledge.
Grameen Danone's first product is a fortified yoghurt, branded Shoktidoi, which is designed to provide children with many of the key nutrients that are typically missing from their diet in rural Bangladesh.
Grameen America provides loans, savings programs, credit establishment and other financial services to the working poor, especially women, in the United States.