Microfinance Forum 2008 (2.Applicability Of Mf To The World)

The document details the effectiveness of the Grameen Bank model in poverty alleviation through microfinance, emphasizing its adaptability in different cultural contexts, such as Myanmar and Kosovo. It discusses the bank's focus on women, trust-based lending without collateral, and the importance of tailoring microfinance programs to suit the needs of the poorest. The success of these initiatives is demonstrated through high repayment rates and significant social and economic improvements among borrowers.