Grameen Bank


Grameen Bank
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Grameen Bank


Grameen Bank
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Author : Shahidur R. Khandker
language : en
Publisher: World Bank Publications
Release Date : 1995-01-01

Grameen Bank written by Shahidur R. Khandker and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-01-01 with Business & Economics categories.


World Bank Technical Paper No. 295. The progress made by the countries of Central and Eastern Europe in privatizing state-owned enterprises has created millions of new shareholders. But for the citizenry to buy and sell shares, these countries must develop stock markets and related institutions such as brokerages, clearing and settling organizations, and regulatory agencies. This paper examines the role of capital markets in the new market economies of Central and Eastern Europe and to what extent governments in the region should encourage the development of such markets. The authors address questions of whether the capital markets will serve merely as a forum for trading stocks or become a source of new equity capital to help restructure the enterprises of the region and whether governments should take a hands-off approach by letting the necessary institutions develop as they are needed or should actively create stock exchanges and establish the overall legal and regulatory framework.



The Price Of A Dream


The Price Of A Dream
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Author : David Bornstein
language : en
Publisher: New York ; Toronto : Simon & Schuster
Release Date : 1996

The Price Of A Dream written by David Bornstein and has been published by New York ; Toronto : Simon & Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Banks and banking categories.


An inside look at the world's most highly acclaimed antipoverty program, which has been replicated in 500 locations around the United States and whose visionary founder has been compared to Gandhi, Martin Luther King, Jr., and J.F.K. This is the story of how the Grameen Bank is changing the lives of millions of people by giving people the means to change their own lives. Photos.



The Grameen Bank


The Grameen Bank
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Author : Apakshit Sachdeva
language : en
Publisher: GRIN Verlag
Release Date : 2010-10

The Grameen Bank written by Apakshit Sachdeva and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10 with categories.


Seminar paper from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: A+, Harvard University, course: Business Management, language: English, abstract: The Grameen Bank is a financial organization that provides microcredit loans largely, but not exclusively, to women in rural Bangladesh. These small loans are provided to people who wouldn't normally have access to the conventional banking system. No collateral or legal agreement is required for those wishing to take out these small loans. Instead, lending is based on a system of mutual trust and accountability. The system of borrowing and lending is administered in a very different way from normal banks. Grameen looks to work with its clients and let them determine their repayment plans and help them should they have problems in meeting these. Surprisingly, the loan repayment rate is very high, even without formal agreements in place. The founder of the Grameen Bank, Professor Muhammad Yunus, believes that providing poor people, especially poor women, with credit can actually be an effective weapon in combating poverty and a tool for enabling socio-economic development. Conventional banking has tended to focus on men, but Grameen gives high priority to female borrowers, arguing that it empowers them and enhances their status in society. On the organization's website, Professor Yunus states that, "these millions of small people with their millions of small pursuits can add up to create the biggest development wonder".



Banker To The Poor


Banker To The Poor
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Author : Muhammad Yunus
language : en
Publisher: Aurum
Release Date : 2003-07-11

Banker To The Poor written by Muhammad Yunus and has been published by Aurum this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-07-11 with Biography & Autobiography categories.


Muhammad Yunus set up the Grameen Bank in his home country of Bangladesh with a loan of just £17, to lend tiny amounts of money to the poorest of the poor - those to whom no ordinary bank would lend. Most of his customers - as they still are - were illiterate women, wanting to set up the smallest imaginable village enterprises. It was his conviction that this new system of 'micro-credit', lending even such small sums, would give such people the spark of initiative needed to pull themselves out of poverty. Today, Yunus's system of micro-credit is practised around the world in some 60 countries, including the US, Canada and France. His Grameen Bank is now a billion-pound business. It is acknowledged by world leaders and by the World Bank to be a fundamental weapon in the fight against poverty. Banker to the Poor is Yunus's enthralling story of how he did it: how the terrible famine in Bangladesh in 1974 focused his ideas on the need to enable its victims to grow more food; how he overcame the sceptics in many governments and among traditional economic thinking; and how he saw his micro-credit extended even outside the Third World into credit unions in the West. Such is the importance of his book that HRH the Prince of Wales has contributed a Foreword in which he hails 'a remarkable man [who] spoke the greatest good sense'.



Banker To The Poor


Banker To The Poor
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Author : Muhammd Yunus And Alan Jolisby Muhammad Yusus
language : en
Publisher: Penguin Books India
Release Date : 2007-06-15

Banker To The Poor written by Muhammd Yunus And Alan Jolisby Muhammad Yusus and has been published by Penguin Books India this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-15 with Biography & Autobiography categories.


&Lsquo;It&Rsquo;S Not People Who Aren&Rsquo;T Credit-Worthy. It&Rsquo;S Banks That Aren&Rsquo;T People-Worthy&Rsquo; &Mdash;Muhammad Yunus Muhammad Yunus, Winner Of The Nobel Peace Prize In 2006, Set Up The Grameen Bank In Bangladesh To Lend Tiny Sums To The Poorest Of The Poor, Who Were Shunned By Ordinary Banks. The Money Would Enable Them To Set Up The Smallest Village Enterprise And Pull Themselves Out Of Poverty. Today, Yunus&Rsquo;S System Of &Lsquo;Micro-Credit&Rsquo; Is Practised In Some Sixty Countries, And His Grameen Bank Is A Billion-Pound Business Acknowledged By World Leaders And The World Bank As A Fundamental Weapon In The Fight Against Poverty. Banker To The Poor Is Yunus&Rsquo;S Own Enthralling Story: Of How Bangladesh&Rsquo;S Terrible 1974 Famine Underlined The Need To Enable Its Victims To Grow More Food; Of Overcoming Scepticism In Many Governments And In Traditional Economic Thinking; And Of How Micro-Credit Was Extended Into Credit Unions In The West.



Creditworthiness Of The Poor


Creditworthiness Of The Poor
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Author : Michael Kowalik
language : en
Publisher: DIANE Publishing
Release Date : 2010-10

Creditworthiness Of The Poor written by Michael Kowalik and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10 with Business & Economics categories.


Analyzes the role of expected income in entrepreneurial borrowing. Poorer individuals are safer borrowers because they place more value on the relationship with the bank. The authors study the dynamics of a monopolistic bank granting loans and taking deposits from overlapping generations of entrepreneurs with different levels of expected income. Matching the evidence of the Grameen Bank, they show that a bank will focus on individuals with lower expected income, and will not disburse dividends until it reaches all the potential borrowers. The authors find support for their results using data from a household survey from Bangladesh. Various measures of expected income are positively and significantly correlated with default probabilities.



Women At The Center


Women At The Center
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Author : Helen Todd
language : en
Publisher: Routledge
Release Date : 2021-11-18

Women At The Center written by Helen Todd and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-18 with Political Science categories.


The Grameen Bank of Bangladesh has successfully lent small sums to poor women for income generation. This empirical study examines the programme's long-term influence and argues that credit alone can create fundamental change, even in an environment distinctly hostile to women's autonomy.



The Poor Always Pay Back


The Poor Always Pay Back
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Author : Asif Dowla
language : en
Publisher: Kumarian Press
Release Date : 2006

The Poor Always Pay Back written by Asif Dowla and has been published by Kumarian Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Grameen bank categories.


The success of Grameen Bank and the microcredit movement as a whole has proved the credit worthiness of the poor beyond question. Grameen II shows that the poor, given the opportunity, will save a great deal and will always pay back



Grameen Bank And Muhammad Yunus


Grameen Bank And Muhammad Yunus
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Author : Muhammad Yunus
language : en
Publisher:
Release Date : 1996

Grameen Bank And Muhammad Yunus written by Muhammad Yunus and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.


Collection of interviews given by Muhammad Yunus, founder and managing director of Grameen Bank, to the national and foreign press in Bangladesh.



Women And Microcredit In Rural Bangladesh


Women And Microcredit In Rural Bangladesh
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Author : Aminur Rahman
language : en
Publisher: Routledge
Release Date : 2019-05-20

Women And Microcredit In Rural Bangladesh written by Aminur Rahman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-20 with Political Science categories.


The Grameen Bank of Bangladesh has been extending small loans to poor borrowers (primarily women) to promote self-employment and income generation since 1976. The apparent success of the Grameen Bank (that is, recruitment of clients, investment of loans, recovery rates on invested loans and profit margins) has made microcredit a new model for poverty alleviation and sustainable development. Anthropological research results on Grameen Bank lending to women presented in this book, however, illuminates the link between the success of the bank and debt-cycling of borrowers. The priority of earning profits to insure institutional economic viability caused Bank employees at the grassroots level to emphasize increasing the number of loans disbursed and loan recovery. By using the joint liability model of lending, the Bank workers and borrowing peers impose intense pressure on clients for timely repayment. Many borrowers maintain their regular payment schedules, but do so through a process of loan recycling (that is, pay off previous loans with new ones) that considerably increases borrower debt liability. The debt burdens on individual households in turn increase tension and anxiety among household members and produce unintended consequences for many clients.This book examines women borrowers' involvement with the microcredit program of the Grameen Bank, and the grassroots lending structure of the bank; it illustrates the implications of Grameen lending for the borrowers, their household members and bank workers. The focus of the study is on the processes of village-level microcredit operation; it addresses the realities of the day-to-day lives of women borrowers and bank workers and explains informant strategies for involving themselves in this microcredit scheme. The study is on the power dynamics of everyday lives of informants as they affect women borrowers' relationships within the household and the loan centers, and bank worker relationships within the loan center and the bank.