Grameen bank
3 likes6,950 views
The document outlines the history and development of microcredit programs through Grameen Bank, which provides loans to the poor in Bangladesh. It discusses how Grameen Bank pioneered the use of social collateral and group lending. Over time, it has improved its business model, processes, and expanded its offerings to include additional services and companies to support the poor across various industries. Today, Grameen Bank has over 8 million borrowers, most of whom are women, and has helped many rise out of poverty through access to credit and other services.
Grameen bank
- 1. leading the poor out of poverty towards an empowered and dignified life
- 2. OUTLINE History Micro-credit: Grameen Credit Business Model Innovation Product Design Improvement Business Process Improvement Where is it now?
- 3. HISTORY 1976 – the Grameen Bank Project Low income Low Low saving investment
- 4. NEW CYCLE
- 5. GRAMEEN CREDIT PTM-The Poor Credit Solidarity trust Savings vs. Credit group rating Progressive Financial HR capital Monitoring attitude standing investment
- 6. 16-POINT DECISION 1. 4 principles – discipline, unity, courage and hard work 2. Prosperity to the family 3. Repair/construct own shelter 4. Plant vegetables 5. Plant many seedlings during planting season 6. Responsible parenthood 7. Self-support – child education
- 7. 8. Clean environment 9. Pit latrines 10. Potable drinking water 11. No to dowry and child marriage 12. No to violence and abuse 13. Collective business undertakings 14. Helping one another 15. Restore discipline 16. Collective social activities
- 8. BUSINESS MODEL INNOVATION Reversed conventional banking practice Social collateral approach Banking system based on mutual trust, accountability, participation and creativity Loan and life insurance and pension fund Loan provisioning Loans paid off at death Flexi-loan
- 9. CREDIT DELIVERY SYSTEM Exclusive focus on the poorest of the poor Borrowers organised into small homogeneous groups Special loan conditionalities suited for the poor Simultaneous undertaking of social development agenda Design and development of organization and management systems Expansion of loan portfolio to meet the needs of the poor
- 10. BUSINESS PROCESS IMPROVEMENT Custom-made credit service Repayment scheme and exit options Assistance programs Capacity building Computerization
- 11. FIVE-STARS OF ACHIEVEMENT - 100% repayment record - earns profit - self-sufficient (more deposits than loans) - 100% Grameen borrowers’ children in-school or completed primary school - GB borrowers cross-over poverty line
- 12. 10-POINT INDICATOR 1. Food 2. Clothing 3. Shelter 4. Drinking potable water 5. Sanitary latrine 6. Adequate healthcare 7. Basic education to children 8. Minimum weekly loan installment ≥ 200 Tk. 9. Other sources of income 10. Annual savings of Tk. 5,000
- 13. CURRENT STATUS 68% of GB borrowers have crossed the poverty line March 2011 8.36 million borrowers = 97% women 2,565 branches = 22,289 staff servicing 81,379 villages = 97% villages over Tk 622.26 B (US$10.52B) disbursed 88.74% repaid; 97.26% loan recovery rate 100% loans financed from GB deposits
- 14. GRAMEEN BANK-CREATED COMPANIES Grameen Fund Grameen Krishi Foundation Grameen Motsho (Fisheries) Foundation Grameen Kalyan (well-being) Social Advancement Fund
- 15. GRAMEEN FAMILY OF ENTERPRISES Grameen Trust Grameen Communications Grameen Shakti (Energy) Grameen Telecom Grameen Shikka (Education)
- 16. GRAMEEN FAMILY OF ENTERPRISES Grameen Baybosa Bikash (Business Promotion and Services) Grameen Phone Grameen Solutions Grameen CyberNet Limited Grameen Knitwear Limited
- 17. AWARDS AND RECOGNITION 1989 Aga Khan Award for Architecture 1993 King Baudouin International Development Prize 1994 Bangladesh Independence Day Award 1994 Tun Abdul Razak Award 1997 World Habitat Award 2000 Gandhi Peace Prize 2004 Petersberg Prize 2006 Nobel Peace Prize
- 18. LEARNINGS Giving the poor alms rob them of their dignity. Let them work for every penny and you have given them life and light and have them recover their dignity as human beings. All we are, are poor. All we need, are opportunities and trust, a new lifeline, that’s what loving in the eyes and image of Christ is all about.
- 19. pamisaupan uling maulaga at paulaga ya ing tau
- 21. REFERENCES Based on the articles, information, data and images provided for in its website, www.grameen-info.org. Photos and images were sourced from google and Youtube images, http://news.bbc.co.uk/2/shared/spl/hi/pict ure_gallery/05/south_asia_bangladesh_sur vey/html/7.stm,
- 22. THANK YOU! Atty. Vivian T. Dabu Entrepreneurship July 8, 2011 Ateneo-Regis, AGSB Clark [email protected]