Category: History of F. W. Raiffeisen

Friedrich Wilhelm Raiffeisen was born into a family of farmers on March 30, 1818 in the German province of Westfalia.  He was the seventh of nine children.  His primary schooling was due to the support of his god father who was a priest.  After primary school, he was then enlisted into the military, but fell ill, enough to where his eyesight was greatly affected in…

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The Raiffeisen Bank Group has made a great impact on Europe since their conception.  Their founder Friedrich Wihelm Raiffeisen started this legacy of impacting and helping people during his term as mayor of Flammersfeld.  During this period famine and economic distress was on the rise and many farmers and locals were feeling the effects of such disastrous events. Government assistance and private loans had high…

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