The Grameen Bank
Subtitle: poverty relief in Bangladesh
By: edited by Abu N.M. Wahid.
Contributors: Wahid, Abu N. M.
Publisher: Westview Press
Published: 1993
Place of publication: Boulder
Language: eng
Number of pages: 305
Subjects: Grameen Bank.; Rural credit -- Bangladesh.; Bank loans -- Bangladesh.; Rural poor -- Bangladesh.
Description: In the first comprehensive study of Bangladesh's Grameen Bank Abu Wahid brings together a wide range of specialists to examine this unique and highly successful development experiment. Providing small, dedicated loans to a poor rural population, the Grameen Bank is characterized by a practical, realistic system of debt servicing, credit education, and an unusual method of peer monitoring in lieu of nonexistent collateral. The bank offers marginalized groups the initial credit that the contributors consider essential to economic self-improvement. Throughout the book, the contributors examine the theory, performance, impact, structure, and costs of the Grameen Bank. In addition, they explore the replicability and application of the Grameen concept for other countries, including the United States.
Notes: Includes bibliographical references and index.