Grameen Banks. Digest Number 97-6.

Autor/in	Foote, Elizabeth
Institution	Ewing Marion Kauffman Foundation, Kansas City, MO. Center for Entrepreneurial Leadership.
Titel	Grameen Banks. Digest Number 97-6.
Quelle	(1997), (4 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Adults; Banking; Business Administration; Capital; Developing Nations; Economic Development; Economically Disadvantaged; Entrepreneurship; Females; Financial Support; Foreign Countries; Job Development; Labor Force Development; Minority Groups; Small Businesses; Sustainable Development + Suchen Sie Ihr Suchwort? Bankgeschäft; Business economics; Betriebswirtschaft; Kapital; Developing country; Developing countries; Entwicklungsland; Wirtschaftsentwicklung; Unternehmungsgeist; Weibliches Geschlecht; Finanzielle Förderung; Ausland; Arbeitskräftebestand; Ethnische Minderheit; Kleingewerbe; Nachhaltige Entwicklung
Abstract	Grameen Banks are a model of successful support for the smallest businesses. The Grameen Bank began in 1976, when Muhammad Yunus, an economics professor at Chittagong University in southern Bangladesh, loaned Sufiya Khatun, a weaver of bamboo stools, $4 U.S. to buy supplies and raise her daily profit from 2 cents to $1.25. Her success prompted him, with help from his students, to set up a bank. Since the first loan, Grameen has grown to employ 14,000 staff in 35,000 villages in Bangladesh. In 1996 it provided 3.62 million loans with the average loan size of about $100 U.S., with a default rate of less than one-half of one percent. Six principles guide the bank: (1) it lends only to the poorest people; (2) women are the primary recipients; (3) loans are made without collateral; (4) borrowers control what business activity the loan will be used for; (5) the bank supports the borrower with training programs and incentives for saving; and (6) borrowers pay as little interest as necessary to keep the bank self-supporting. There are Grameen Bank replications in 30 countries, including the United States. The most well-established is ACCION International, originally founded in 1961 to aid Latin America. ACCION has six associate organizations in the United States (New York, Albuquerque, Chicago, San Antonio, San Diego, and El Paso), which function similarly to the Grameen Bank. By 2000, they hope to lend $50 million to more than 8,000 microentrepreneurs, creating or stabilizing 10,000 jobs, and then to expand to other U.S. cities. More than two dozen other projects based on the Grameen Bank are also operating in the United States. All are helping to eradicate poverty at the grassroots level and provide entrepreneurial opportunities to the poor. (16 references) (KC)
Anmerkungen	CELCEE, Kauffman Center for Entrepreneurial Leadership, 4801 Rockhill Road, Kansas City, MO 64110-2046. Tel: 888-423-5233 (Toll Free). For full text: .
Erfasst von	ERIC (Education Resources Information Center), Washington, DC