Grameen Bank

INTRODUCTION
The origin of Grameen Bank can be traced back
to 1976 when Professor Muhammad Yunus, a
Fulbright scholar at Vanderbilt University and
Professor at University of Chittagong.
 SHORT HISTORY OF GRAMMEN
BANK
In 1976, the village of Jobra and other
villages surrounding the University of
Chittagong became the first areas
eligible for service from Grameen Bank.

Central Bangladesh Bank, was introduced

in 1979 to the Tangail District. The bank's
success continued and it soon spread to
various other districts of Bangladesh.

The Bank today continues to expand

across the nation and still provides small
loans to the rural poor. By 2006, Grameen
Bank branches numbered over 2,100 over
40 countries around the world.
 OBJECTIVES
Arouse curiosity
Stimulate interest on the subject of Micro financing
Encourage responsibility of self-motivated learning
Learn and share with others
Discover individual role in the organization and the global
community
Extend banking facilities to poor men and women.
Eliminate the exploitation of the poor by money lenders.
Within the fold of an organizational format which they can
understand and manage by themselves.
Only serve the poor to help themselves to overcome poverty.
 FUNCTIONS
Grameen Bank provides loan without any collateral. It is a
trust-based banking. It does not require any credit history
or business experience for providing loans.

In Grameen system, the bank goes to the poor. Its credit

delivery and recovery mechanism is very client friendly and
flexible. Repayment is made in weekly installments.

It develops leadership quality among its members through

annual election of group and centre leaders, electing board
members as the institute is owned by the borrowers.
 GRAMEEN KOOTA (INDIA)
Members 173146
Loan outstanding 1324376830
Branches 63
Total staff 710
Repayment Rate 99.99%

»   20% of the poorest households in Karnataka

(approximately 500,000 households) by 2010

»   1 million clients by 2014. 

 METHOD OF ACTION
Start with the problem rather than the solution

Adopt a progressive attitude

Make sure that credit system servers the poor

Establish priorities for action vis-à-vis to the target

population

Restrict credit to income generating production

operations
Lean on solidarity groups

Savings with credit

Close monitoring of borrowers

Financial balance

Investment in human resources

PROBLEMS OF GRAMMEN BANK
CONCLUSION
 PRESENTED BY
RISHABH
KARAN
SACHIN
PREET
BAKUL
SHRILAXMI