Project

Grameen Bank Phase III Project

Country

Country Flag Bangladesh

Sector

Credit and Financial Services

Approval Date

25 April 1989

Duration

1989 - 1993

Project ID

1100000239

Grameen Bank Phase III Project

The principal objective of this project was to build on the success of previous Grameen Bank projects, doubling the number of operational branches and expanding the membership of existing branches in order to extend credit and other services to more than twice the number of borrowers.

Source: IFAD


Additional Data

  • Total Project Cost

    US$ 105.74 million

  • IFAD Financing

    US$ 8 million

  • Financing terms

    Highly Concessional

Co-financiers (International)

  • Canadian International Development Agency

    US$ 32.66 million

  • Deutsche Gesellschaft für Internationale Zusammenarbeit

    US$ 7.6 million

  • Ford Foundation

    US$ 2.45 million

  • Norway

    US$ 14.2 million

  • German Credit Institution for Reconstruction (KfW)

    US$ 10.77 million

  • Sweden

    US$ 30.06 million

Project Documents