Micro-credit schemes - case study.

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degree Block 3 Mapa Mental sobre Micro-credit schemes - case study., criado por heididdle em 29-05-2013.
heididdle
Mapa Mental por heididdle, atualizado more than 1 year ago
heididdle
Criado por heididdle mais de 11 anos atrás
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Resumo de Recurso

Micro-credit schemes - case study.
  1. Global financial crisis impacted in 2008 - causing losses in jobs, incomes & services.
    1. Grameen Bank launched in the 70's by Mohamed Yunus.
      1. Formation of groups of borrowers.
        1. Solidarity & peer pressure & responsibilty in paying loans back
        2. In Bangladesh, Grameen also functions as a savings bank & has projects in areas like telecoms & solar energy (ploughing money back into local needs).
          1. Grameen America.
            1. Offers loans from US$500 to US$3000.
              1. A feeling that this type of lending doesn't work in USA - you can't just load up a cart and go selling - it affects welfare payments and healthcare
          2. Target women in many countries to promote income generating capabilities.
            1. One measure to promote livelihood & reduce poverty.
              1. Offer loans to poor people who can't get credit for business ventures - low interest.

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