Tabs navigation
Building banking from below in Bangladesh
In Bangladesh, a poorly performing formal financial sector runs parallel to a burgeoning and innovative microcredit industry run by NGOs. The success of the group-based microcredit formula originating withGrameen Bank is well-known; the expansion of Bangladesh's microcredit industry is also partly the result of the supervisory system created by the apex organization, PKSF. As concern increases about how
to cater for the financial needs of the poorest, who are unable to benefit from microcredit, attention is focused on savings accounts to provide poor people with security. This article proposes the establishment
of a savings guarantee foundation in Bangladesh which would have the function of regulating savings accounts with NGOs, guaranteeing people's savings with certified NGOs, and researching appropriate savings
and insurance products for poor people.
In Bangladesh, a poorly performing formal financial sector runs parallel to a burgeoning and innovative microcredit industry run by NGOs. The success of the group-based microcredit formula originating with
Grameen Bank is well-known; the expansion of Bangladesh's microcredit industry is also partly the result of the supervisory system created by the apex organization, PKSF. As concern increases about how
to cater for the financial needs of the poorest, who are unable to benefit from microcredit, attention is focused on savings accounts to provide poor people with security. This article proposes the establishment
of a savings guarantee foundation in Bangladesh which would have the function of regulating savings accounts with NGOs, guaranteeing people's savings with certified NGOs, and researching appropriate savings
and insurance products for poor people.
Grameen Bank is well-known; the expansion of Bangladesh's microcredit industry is also partly the result of the supervisory system created by the apex organization, PKSF. As concern increases about how
to cater for the financial needs of the poorest, who are unable to benefit from microcredit, attention is focused on savings accounts to provide poor people with security. This article proposes the establishment
of a savings guarantee foundation in Bangladesh which would have the function of regulating savings accounts with NGOs, guaranteeing people's savings with certified NGOs, and researching appropriate savings
and insurance products for poor people.
Social Entrepreneurship: Indian Roots
Jain, Trilok Kumar
(2018)
https://doi.org/10.2139/ssrn.3284943 [Citations: 23]The business lunch: toward a research agenda
Cabral‐Cardoso, Carlos
Pina E. Cunha, Miguel
Leadership & Organization Development Journal, Vol. 24 (2003), Iss. 7 P.371
https://doi.org/10.1108/01437730310498613 [Citations: 10]Tabs navigation
- Value chain financing: evidence from Zambia on smallholder access to finance for mechanization
- Developing agro-pastoral entrepreneurship: bundling blended finance and technology
- Building frontline market facilitators' capacity: the case of the ‘Integrating Very Poor Producers into Value Chains Field Guide’
- Boosting financial inclusion through social assistance reform: evidence-based approach in selecting a payment system
- Impact of COVID-19 on livestock exports from Somalia and the Horn of Africa
Browse our other journals
