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Grameen Bank (Paperback) Loot Price: R744
Discovery Miles 7 440
Grameen Bank (Paperback): Frederic P. Miller, Agnes F. Vandome, John McBrewster

Grameen Bank (Paperback)

Frederic P. Miller, Agnes F. Vandome, John McBrewster

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Loot Price R744 Discovery Miles 7 440 | Repayment Terms: R68 pm x 12*

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The Grameen Bank is a microfinance organization and community development bank started in Bangladesh that makes small loans (known as microcredit or "grameencredit") to the impoverished without requiring collateral. The word "Grameen," derived from the word "gram" or "village," means "of the village." The system of this bank is based on the idea that the poor have skills that are under-utilized. A group-based credit approach is applied which utilizes the peer-pressure within the group to ensure the borrowers follow through and use caution in conducting their financial affairs with strict discipline, ensuring repayment eventually and allowing the borrowers to develop good credit standing. The bank also accepts deposits, provides other services, and runs several development-oriented businesses including fabric, telephone and energy companies. Another distinctive feature of the bank's credit program is that a significant majority of its borrowers are women.

General

Imprint: Alphascript Publishing
Country of origin: Germany
Release date: August 2010
First published: August 2010
Editors: Frederic P. Miller • Agnes F. Vandome • John McBrewster
Dimensions: 152 x 229 x 4mm (L x W x T)
Format: Paperback - Trade
Pages: 64
ISBN-13: 978-6130202200
Categories: Books > Business & Economics > Economics
Books > Business & Economics > Business & management
Books > Business & Economics > Economics > General
Books > Business & Economics > Business & management > General
LSN: 6130202202
Barcode: 9786130202200

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