+ All Categories
Home > Economy & Finance > Grameen Bank - Arber Hoxhallari

Grameen Bank - Arber Hoxhallari

Date post: 18-Jan-2015
Category:
Upload: arber-hoxhallari
View: 218 times
Download: 1 times
Share this document with a friend
Description:
Grameen Bank - Arber Hoxhallari
Popular Tags:
10
A small experiment begun in Bangladesh has turned into a major new concept in eradicating poverty…
Transcript
Page 1: Grameen Bank - Arber Hoxhallari

A small experiment begunin Bangladesh has turned into a major new concept in eradicating poverty…

Page 2: Grameen Bank - Arber Hoxhallari

Microcredit is one of the most successful and sustainable solutions in the fight to eliminate world poverty. It has a proven structure and an impressive track record.

The profit generated from these businesses helps to provide dignity and hope for a brighter future for the entrepreneur's family.

How microcredit works

Page 3: Grameen Bank - Arber Hoxhallari

HowGrameen Bank

works

Bank goes to the village

5 women =

collateral

Spin off

System of Peer collateral

How Grameen Bank works

By Mohammed YunusScientific AmericanNovember 1999

Page 4: Grameen Bank - Arber Hoxhallari

Better education

Better b

irth

control

Gen

der

impa

ctP

olitical involvem

ent

Work against dowry

Spinoff

Page 5: Grameen Bank - Arber Hoxhallari

21

5 3

4

Objectives of Grameen Bank trainings

Discover individual role in the organization and the global community

Arouse curiosity

Encourage responsibility of self-motivated learning

Stimulate interest on the subject of Microfinancing

Learn and share with others

Page 6: Grameen Bank - Arber Hoxhallari

Start with the problem rather than the solution: a credit system must be based on a survey of the social background

rather than on a pre-established banking technique.

Adopt a progressive attitude: development is a long-term process which depends on the aspirations and commitment

of the economic operators.

Make sure that the credit system serves the poor, and not vice-versa: credit officers visit the villages, enabling them to

get to know the borrowers.

Lean on solidarity groups: small informal groups consisting of co-opted members coming from the same background and

trusting each other.

Associate savings with credit without it being necessarily a prerequisite.

Invest in human resources: training leaders will provide them with real development ethics based on creativity,

understanding and respect for the rural environment.

Method of action

Page 7: Grameen Bank - Arber Hoxhallari

hjhj

Grameen America

Grameen America has assembled a top management team, including Chairman of the Board Professor Muhammad Yunus, to lead the organization’s efforts to help break the cycle of poverty through microfinance in disadvantaged U.S. communities.Grameen America began its operations in New York City in January 2008 and is working to reach sustainability and toexpand its services to all individuals with a dream to run a business.

www.grameenamerica.com

Page 8: Grameen Bank - Arber Hoxhallari

Microfinance is not without its critics. Some argue that people can quickly sink into a cycle of debt, with many lenders charging exorbitant rates of interest.

The control women have over their microloans decreases over time

Repayments are generally due on loans from the first week after they are taken out, which does not give the borrower enough time to establish any form of income-earning enterprise.

Because field officers are judged on repayment rates, they sometimes use coercive and even violent tactics to collect instalments on the microcredit loans.

Critics of Microcredit

By James Melik Reporter, Business Daily, BBC World Service

Page 9: Grameen Bank - Arber Hoxhallari

In India, microlenders cannot accept deposits due to local banking regulations. These cash-strapped microlenders have to turn to local banks or rely on government grants.

This source of capital is usually unstable, insufficient or

too expensive

Despite the bank’s success in Bangladesh, little success has been achieved in exporting the Grameen Bank Model to other poverty-stricken areas

Difficulties of exporting the model

By James Melik Reporter, Business Daily, BBC World Service

Page 10: Grameen Bank - Arber Hoxhallari

Thank You!

Arber Hoxhallari


Recommended