"Grameen Bank" Essays and Research Papers

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Grameen Bank

these programs specifically target the women based on the view that they are more likely than men to be credit constrained. The Grameen Bank of Bangladesh is considered to be the founder organization of this program. To fight against poverty NGOs in Bangladesh have taken micro-credit program as the way of poverty alleviation. Almost all the NGOs and GOs along with Grameen Bank(GB) in Bangladesh play an important role for poverty alleviation in rural areas and it has now become a successful model for...

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Business Model of Grameen Bank

GRAMEEN BANK Poverty is not created by the poor people. So we shouldn't give them an accusing look. They are the victims. Poverty has been created by the economic and social system that we have designed for the world. It is the institutions that we have built, and feel so proud of, which created poverty. It is the concepts we developed to understand the reality around us, made us see things wrongly. The essence of my ...

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Grameen Bank Swot

repayment rates. 2. The biggest strength of Grameen Bank lies in bringing financial services to poor people and making it financial sustainable by the economies of scale effect. Some of the other advantages are that the bank offers tailor-made services to the poor people. Also, the costumers are called members so they have the feelings of “belongingness”. Moreover, Grameen Bank focuses on area which is largely untapped and has huge potential. 3. Grameen banks not only provides credit to its borrowers...

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grameen bank

Grameen Bank: Taking Capitalism to the Poor Evaristus Mainsah* MBA ’04 Schuyler R. Heuer MBA ’04 Aprajita Kalra MBA/MIA ’04 Columbia Business School Columbia University School of International and Public Affairs Qiulin Zhang MPA ’04 Columbia University School of International and Public Affairs This paper was written as part of the course Emerging Financial Markets taught by David O. Beim, professor of professional practice, at Columbia Business School in fall 2003. The authors are...

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History of Microfinance

  Like conventional banking operations, microfinance institutions must charge their lenders interests on loans. While these interest rates are generally lower than those offered by normal banks, some opponents of this concept condemn microfinance operations for making profitsoff of the poor. The World Bank estimates that there are more than 500 million people who have directly or indirectly benefited from microfinance-related operations.  Read more: http://www.investopedia.com/terms/m/microfinance...

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History of Grameen Phone

income-earning opportunity to more than 280,000 mostly women Village Phone operators living in rural areas. The Village Phone Program is a unique initiative to provide universal access to telecommunications service in remote, rural areas. Administered by Grameen Telecom Corporation, it enables rural people who normally cannot afford to own a telephone to avail the service while providing the VP operators an opportunity to earn a living. The Village Phone initiative was given the "GSM in the Community" award...

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Grameen Bank

Grameen Bank | | |[pic] | |Type |Body Corporate (Bank Ordinance) | |Industry |Finance | |Founded |1983 | |Headquarters |Dhaka, Bangladesh...

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Grameen Bank

Introduction: Grameen Bank (GB) has reversed conventional banking practice by removing the need for collateral and created a banking system based on mutual trust, accountability, participation and creativity. Grameen Bank provides credit to the poorest of the poor in rural Bangladesh, without any collateral. At Grameen Bank, credit is a cost effective weapon to fight poverty and it serves as a catalyst in the overall development of socio-economic conditions of the poor who have been kept outside...

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Swot Analysis of Grameenphone Ltd.

With more than 32 million subscribers (as of June 2011), Grameenphone is the largestcellular operator in the country. It is a joint venture enterprise between Telenor and Grameen TelecomCorporation, a non-profit sister concern of the internationally acclaimed microfinance organization andcommunity development bank Grameen Bank. Grameenphone was the first company to introduceGSM technology in Bangladesh. It also established the first 24-hour Call Center to support itssubscribers. With the slogan ...

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contributions in the cause of helping millions of poor, especially women, take charge of their lives to overcome heartbreaking poverty. Against the advice of banks and government, Yunus carried on giving out 'micro-loans', and in 1983 formed the Grameen Bank, meaning 'village bank' founded on principles of trust and solidarity. In Bangladesh today, Grameen has 2,564 branches, with 19,800 staff serving 8.29 million borrowers in 81,367 villages. They collect an average of $1.5 million in weekly installments...

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