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Grameen
Bank Project
This project was set up to support the developing
Grameen Bank and to help it become a stable and efficient financial
institution in which rural poor people would participate actively.
The Bank was helped to develop as an independent banking institution
with branches in areas where rural poor people lived, thus enabling
them to benefit from its services. At the same time, the Bank was
encouraged to grow as an innovative financial institution, carrying
out research and testing technologies that can be used to raise the
productivity and profitability of enterprises operated by borrowers.
Source: IFAD
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| Contact information |
Mr Nigel Brett
Country programme manager
IFAD
Via Paolo di Dono, 44
00142 Rome, Italy
Tel: +39 0654592516
Fax: +39 0654593516
n.brett@ifad.org |
| Facts and figures |
Total cost: US$50.5 million
IFAD loan: US$23.6 million
Cofinancing:
- Ford
Foundation (US$1.8 million)
- Norway/NORAD
(US$6.9 million)
- Sweden/SIDA (US$6.9 million)
Duration: 1985-1990
Geographical area:
28 districts
Directly benefiting:
1,000,000 households
Status: closed
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