Yoon, Jinsub
2. Poverty in Bangladesh
Kim, Hwain
3. Effect of the Grameen Bank
Kim, Hye Soo
4. Criticism of Grameen Bank & Microcredit
Huh, Sojung
5. Application to other cases
Choi, Youngeun
6. Suggestions and Conclusion
Lee, Tae Won
Nov,2004
Mark Malloch Brown
Administrator of the UNDP
Literally means
“Bank of the Villages”
Est.1983 in Dhaka, Bangladesh
Microfinance organization
and community development bank
Based on the idea that
“the poor have skills that are underutilized”
Sustained education and follow-up
Risk management through group-lending and women members
Leverage repayment pressure through weekly repayment system
Create self-employment and profit making opportunities for sustained rural economic development
The role of government
in improving human capital is important:
- providing education and healthcare
- overall economic/industrial policy reform
- improving industry infrastructure
- business and production training

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