Analysis of the experience of the Grameen (rural) Bank of Bangladesh. It "represents a radical institutional innovation because it provides collateral-free loans and various social services to poor Bangladeshis yet maintains a loan recovery rate of 98 percent." Founded as an action research project in 1976, The Grameen Bank has diffused to 50 of the nation's 64 districts and has more than one million members, 92 percent of whom are women.
Agricultural Communications Documentation Center, Funk Library, University of Illinois Document Number: D00558
Notes:
Pages 45-65 in Marilyn Carr, Martha Chen and Renana Jhabvala (eds.) Speaking out: women's economic empowerment in South Asia. Intermediate Technology Publications, London, UK. On behalf of Aga Khan Foundation Canada and United Nations Development Fund for Women. 238 pages.
