Grameen Bank Phase III Project

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Grameen Bank Phase III Project

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


Status: Closed
Country
Bangladesh
Approval Date
25 April 1989
Duration
1989 - 1993
Sector
Credit and Financial Services
Total Project Cost
US$ 105.74 million
IFAD Financing
US$ 8 million
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
Financing terms
Highly Concessional
Project ID
1100000239

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Audit and Financial Statements

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Co-financiers

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