The Story of the Grameen Bank: From Subsidised Microcredit to Market-based Microfinance

David Hulme

Global Development Institute Working Paper Series from GDI, The University of Manchester

Abstract: This paper looks at the establishment and evolution of the Grameen Bank of Bangladesh. It traces the development of the Bank from its origins, providing microcredit to poor, rural women in Bangladesh, through a period of national expansion and institutionalisation, to the replication around the world of the Grameen model. In the late 1990s the Bank faced repayment problems and a developing financial crisis, and strategies were put in place to stabilise and reshape the Bank. This led in 2001 to the launch of Grameen II, which is analysed in terms of its main components and its results. Finally, the paper looks at Grameen Bank’s future role as a major player in the microfinance market, and as an inspiration for those helping poor people improve their own lives.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://hummedia.manchester.ac.uk/institutes/gdi/pu ... wpi/bwpi-wp-6008.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bwp:bwppap:6008

Access Statistics for this paper

More papers in Global Development Institute Working Paper Series from GDI, The University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Rowena Harding ().