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	Grameen Bank - Wikipedia, the free encyclopedia
		The Bank was immensely successful and the project, with government support, was introduced in 1979 to the Tangail District (to the north of the capital, Dhaka).
		The bank's stellar repayment rate was broken in 1995 by a religious fundamentalist boycott by certain sections of society who objected to the bank's focus on improving the status of women.
		Grameen Phone, a sister company of the bank, is already the largest mobile telephone provider of the country.
	en.wikipedia.org /wiki/Grameen_Bank (1238 words)

	Education and Poverty Eradication - Grameen Bank
		Grameen Bank has reversed the conventional banking wisdom by removing collateral requirement and created a banking system which is based on mutual trust, strict supervision, accountability, participation and creativity.
		Grameen Bank in recent years has not only expanded its credit operations which are targeted at the poorest of the poor in rural Bangladesh, it has also rapidly diversified its activities.
		Grameen is committed to the goal of alleviation of poverty and empowerment of the rural poor.
	www.unesco.org /education/poverty/grameen.shtml (1009 words)

	INTRODUCTION
		Grameen Kalyan, the welfare division of Grameen Bank, famous since 1983 for its innovative lending programs for the landless poor, has expanded its objectives beyond micro-enterprise to include higher education.
		Grameen expects the graduates to begin repaying their loans just one year after completion of their respective degree programs, with a total of five years to complete the repayment schedule.
		Grameen’s approach must be judged on many levels, and perhaps most significantly on its dedication to identifying and supporting the poorest of the poor.
	www1.worldbank.org /education/tertiary/documents/grameen.htm (1975 words)

	Unity News September 1998: Grameen Bank
		Grameen found that by lending to women, profits were used to improve the family's quality of life, and led to a rise in the woman's status.
		Grameen Telecom is planning, over the next 6 years, to provide GSM 900 cellular mobile phone service to the 100 million rural inhabitants in the 68,000 villages of Bangladesh.
		Grameen is in the process of beginning a pilot project for Grameen Bank borrowers to take loans that would allow them to own and operate profitable "Cyber Kiosks" that make it possible for people in their village to access computers and the Internet for income-generation, education, entertainment, and other purposes.
	www.resultssf.org /media/unity199809grameen.html (1774 words)

	Grameen Bank, Bangladesh
		Yunus is the founder of Grameen Bank, a Bangladeshi credit organisation that has pioneered lending to the rural poor and in the process stood normal banking con ventions on their head.
		Grameen is perhaps the only bank in the world that encourages birth control, sanitation and a clean envi ronment as part of its lending policy.
		Grameen Bank's default rate is about 2%, astonishingly low compared with what Bangladesh's commercial banks suffer: about 70% for agricultural loans and 90% for industrial loans.
	www.gdrc.org /icm/grameen-article4.html (2055 words)

	EH.Net Encyclopedia: Morris Plan Banks
		Morris Plan banks were at the forefront of an explosion of consumer credit that started at the beginning of the second decade of the twentieth century and they became the prominent institution for providing consumer credit to the poor through the 1920s.
		The emergence of Morris Plan banks in the early twentieth century is an example of an institutional structure appearing organically in response to a perceived need and through the private sector to satisfy a consumer need.
		As bank charters were altered by states, and eventually by legislation at the Federal level, the size of consumer lending by Morris Plan banks was dwarfed by commercial banks that offered the additional convenience of accepting demand deposits.
	www.eh.net /encyclopedia/article/philips.banking.morris_plan (1137 words)

	Mundane economics: Grameen banking - Grameen Bank of Bangladesh Environment - Find Articles (Site not responding. Last check: 2007-10-23)
		An illuminating example of the application of mundane science to sustainable development is provided by the Grameen Bank of Bangladesh, which pioneered the extension of small amounts of credit to the poor.(1) The bank was the brain child of Muhammad Yunus, a professor of economics in Bangladesh.
		At the heart of the Grameen Bank's solution to the problem is the "lending circle," typically a group of five women who jointly manage and guarantee their loans.
		The combination of the Grameen Bank's trust in people, its education program, and its reliance on lending circles has resulted in a phenomenally high 98 percent loan repayment rate, which exceeds the rate attained by commercial banks even in developed countries (to say nothing of that of multilateral development banks).
	www.findarticles.com /p/articles/mi_m1076/is_n6_v39/ai_19897095 (687 words)

	Building Social Housing Foundation (Site not responding. Last check: 2007-10-23)
		Grameen Bank grew out of an action research project initiated by Professor Muhammed Yunus in 1976, who recognised that it is poor people's lack of access to capital rather than their capacity to repay that perpetuates their poverty.
		Building on the success of this and subsequent projects, the Grameen Bank was formally incorporated in 1983 and is today the largest rural credit institution in Bangladesh with 4.21 million borrowers, 96 per cent of whom are women.
		Grameen Bank operates as a specialised bank for the poor, charging interest on its loans and is not reliant on donor funding.
	www.bshf.org /en/to.php/about/whawards/projects.php?pID=00015 (1072 words)

	Poverty Reduction: Grameen Bank Experience (Site not responding. Last check: 2007-10-23)
		Grameen Bank believes that lack of access to credit is the biggest constraint for the rural poor.
		Grameen Bank targets and mobilizes the poor and creates social and financial conditions so that they receive credit by identifying a source of self-employment in familiar rural non-farm activities.
		The Bank's method of targeting the poor is effective as it mobilizes only those who are willing to bear the costs of group formation, training, and monitoring each other's activities, and those who are satisfied with the relatively small sums they can borrow and repay.
	www.worldbank.org /html/extdr/hnp/hddflash/hcnote/hrn019.html (1322 words)

	Grameen Bank of Bangladesh
		Grameen Bank was started in 1976 by a young economics professor, Dr. Muhammad Yunus, when he discovered that poor women could break through poverty by taking tiny loans to start or expand tiny businesses.
		Grameen Bank methodology is almost the reverse of the conventional banking methodology.
		Grameen Bank starts with the belief that credit should be accepted as a human right, and builds a system where one who does not possess anything gets the highest priority in getting a loan.
	www.squidoo.com /grameenbank (521 words)

	Digital Dividend : Case Studies : Grameen Telecom
		Grameen Telecom's original goal was to have a phone in every one of Bangladesh's 65,000 villages by 2000, but only 4,543 village phones were in service as of March, 2001.
		Grameen Telecom's village phone venture as structured in Bangladesh would not be feasible without access to the credit and bill collection services provided by Grameen Bank and the infrastructure and urban network provided by GrameenPhone.
		Nonetheless, the Grameen Telecom business model relies on subsidies from urban cellular users, on financing and other support from Grameen Bank, and on GSM cellular technology that is unsuited (or at least very high cost) for sparsely-populated rural areas, for fixed phone centers, and for data transmission.
	www.digitaldividend.org /case/case_grameen.htm (1126 words)

	[No title] (Site not responding. Last check: 2007-10-23)
		The MFI or bank may assist the SHG in record keeping, and the y may also demand to know who are the members and impose conditions as to the uses of the loan which they make to the SHG, but the SHG is an autonomous financial institution in its own right.
		Grameen groups, on the other hand, are \lquote driven\rquote by the bank staff; they are the }{\i raison d\rquote etre}{ of the bank, and staff are judged by their success in opening up new groups and preserving old ones.
		The basic unit of the Grameen system is in theory the five member group, and it would appear }{\i prima facie}{ to be easier for the institution to influence the membership and the operations of such a small group than that of an SHG with twenty or more members.
	www.alternative-finance.org.uk /rtf/grameenbankgroups.rtf (8726 words)

	Grameen Bank
		When he asked local banks to give money to the poor, they were hesitant because of lack of collateral so he took out a personal loan that he used to loan to the poor people thus the system of micro lending evolved.
		Grameen Bank was started for the benefit of the poor.
		Before the Grameen Bank was created the only banks that existed were commercial banks or moneylenders, neither of these options were beneficial to the poor in anyway.
	www.gettysburg.edu /~jpowers/fys116-2/grameen/grameen_bank.htm (490 words)

	IFAD through Photography - Bangladesh
		This pottery maker is a second-time Grameen Bank borrower and uses the credit to continually improve her pottery business.
		This woman has received four loans from the Grameen Bank which she has used to finance her cane and bamboo business, purchase land, a cow, and to build a new home.
		Grameen Bank credit recipient drying mustard seeds in front of her home.
	www.ifad.org /photo/region/PI/BD.htm (879 words)

	Grameen Foundation USA: Winner's Statement
		Grameen Foundation USA is a young, dynamic, global organization that applies a powerful tool, microfinance, to empower the world's poorest people to escape poverty.
		Grameen Foundation USA sprang from a rich heritage and maintains an enduring relationship with the Grameen Bank of Bangladesh.
		The Grameen Bank movement was started in 1976 by a young economics professor, Dr. Muhammad Yunus, when he discovered that poor women could break through poverty by taking tiny loans to start or expand tiny businesses.
	www.fastcompany.com /social/2005/statements/grameen.html (613 words)

	Grameen 50YIE
		Started by professor Muhammad Yunus, the Grameen Bank is noteworthy for the stark contrast between its operating principles and those of the big, international lending institutions, such as the World Bank and the IMF.
		The Grameen Bank's success in empowering the poor has made it a model that is being emulated around the world.
		The particular significance of the Grameen Bank is that it is one of a handful that has been able to grow.
	www.thirdworldtraveler.com /IMF_WB/Grameen_50YIE.html (893 words)

	The Daily Star Web Edition Vol. 5 Num 290 (Site not responding. Last check: 2007-10-23)
		Grameen Bank officials said the mutual fund will be like 'an old-age pension scheme' for the poor rural borrowers.
		Grameen Bank will be the sponsor of the mutual fund, Grameen Fund will act as trustee to the fund.
		A senior Grameen Bank official said the earning potential of the rural poor could be enhanced through augmenting and directing their savings towards the capital market in a structured way.
	www.thedailystar.net /2005/03/21/d50321050152.htm (460 words)

	FROM THE GRASSROOTS: NI 183 - Turning the tables on banking
		According to the Bank's founder, Muhammad Yunus, even the poorest cigarette roller or street vendor has skills and energy which are just as valuable collateral as a savings account or a fancy house.
		The Bank works throughout the country's rural areas so make small loans available to those who are ignored by the conventional banking system.
		Although the Grameen Bank is expanding, it is still a small effort in eliminating poverty and unemployment.
	www.newint.org /issue183/turning.htm (1073 words)

	GramBangla: Home Page of Grameen Support Group Australia
		Grameen Bank is the bank that invented the concept and practice of micro-credit - providing working capital to the poorest of the poor without demanding a collateral - in order to remove poverty from Bangladesh.
		The bank which is in operation since 1983 is founded by Professor Muhammad Yunus who is stated to have been twice nominated for Nobel Prize for his success with Grameen Bank.
		Grameen Bank is empowering the poor by arming beggars with mobile phones so they can sell a roving service for cash.
	www.grambangla.com (968 words)

	Grameen-Banking for the poor (Site not responding. Last check: 2007-10-23)
		When we started giving out tiny loans under a system which later became known as the Grameen Bank, we never imagined that one day we would be reaching hundreds of thousands, let alone five million, borrowers.
		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..
		Microcredit is the extension of small loans to enterpreneurs too poor to qualify for traditional bank loans.
	www.grameen.com (274 words)

	Fool.com: The Power of Credit [Fool on the Hill] December 13, 2000
		In a nutshell, the Grameen story can be traced to one man, Muhammad Yunus, who traveled from his native Bangladesh to the United States, earning a Ph.D. in economics at Vanderbilt University.
		And note the word "business." Although the bank was often loaning out money that had been donated by various aid agencies, the organization was run as a business.
		When the king of Belgium honored the Grameen Bank, Muhammad Yunus took a colleague and Manjira with him (as a representative borrower) to Brussels, to accept the award.
	www.fool.com /news/foth/2000/foth001213.htm (1373 words)

	WOMEN AND NUTRITION: GRAMEEN BANK EXPERIENCE
		Grameen Bank is not only a credit programme for the landless.
		While more than 50% of Grameen Bank children (up to 9 years) have normal nutritional status (in terms of height and weight), the figure for the non-GB children is about 30%.
		Grameen Bank operational as an independent bank on October 2, 1983.
	www.unsystem.org /scn/archives/npp06/ch17.htm (2180 words)

	[No title]
		The Grameen bank lends primarily to women because lending to women was found to be more beneficial to the household than lending to men.
		The Grameen Bank loans funds towards entrpreneurial activites, however, money is fungible, thus with an increased income clients can not only conduct their income generating activities but also improve the qualilty of their lives via better nutrition etc, hece and indirect impact.
		In addition, the Grameen Bank encourages their clients to drink tube well water and to plant vegetables, thus there is also a direct impact.
	www.american.edu /TED/grameen.htm (751 words)

	Mobile Monday - Breaking News: Grameen Bank gives beggars phones instead of cash
		Grameen Bank, well-known for its micro-credit programs in Bangladesh, is empowering the poor by arming beggars with mobile phones so they can sell a roving service for cash.
		The bank, a brainchild of renowned Bangladeshi professor Mohammad Yunus, is helping millions of poor with small loans to start income-generating programs, such as poultry and cattle breeding, or handicraft-making.
		Earlier the bank, in one of its well publicized efforts, offered mobile phones to rural wives and mothers for commercial use.
	www.mobilemonday.net /mm/story.php?id=3763 (406 words)

	Grameen Bank, Bangladesh
		The Grameen Bank is becoming an icon for microcredit, low-income households, women's access to credit etc. And so are the articles, case studies, and other material on GB.
		Self sustainability of micro-finance institutions - a critical evaluation of the performance of the Grameen Bank of Bangladesh - Jahangir Alam
		Grameen Banks for the poorest of the poor
	www.gdrc.org /icm/grameen-info.html (270 words)

	The Grameen Bank (Site not responding. Last check: 2007-10-23)
		Yunus began to feel that he had to do something to help his fellow countrymen, often described as the "poorest of the poor." With a loan of only a few dollars he enabled Sufiya to establish her own business, increase her income seven-fold, and repay the loan within a few months.
		Yunus went to conventional banks in an attempt to convince them that the poor could be a good credit risk but this defied all the established rules of banking.
		Grameen Bank has an unprecedented repayment rate of 98%, with actual defaults being less than 1/2 of 1%, and the program has been adopted by numerous organizations all over the world.
	home.earthlink.net /~coalition4peace/grameen_bank.htm (366 words)

	Starting small / Bank gives seed money to help eradicate poverty
		Nearly 30 years later, the Grameen Bank, whose name comes from the Bengali word for "village," has disbursed about $4 billion and has become an internationally known model for a microcredit system organized for helping the poor.
		Grameen Bank gives small loans to people who use the funds to start and run small businesses, such as raising cattle and making and selling handicrafts.
		He said the bank's microcredit system is set up in such a way that loans are repaid in small weekly installments.
	www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2003/06/07/BU55687.DTL (726 words)

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