Grameen Bank Model- Loans Flashcards
1
Q
What % of villages does it cover in Bangladesh?
A
97%
2
Q
What % of users are women?
A
97%
3
Q
Investment: What can poor women do with a starting loan?
A
Make a business and earn money
4
Q
Investment: Name 2 things that the woman can then do with the extra money
A
Pay for child’s education
Pay for healthcare
5
Q
Investment: What does having access to an education do for the kids?
A
Allow them to get better jobs, getting them out of poverty
6
Q
Refund: What do the women pay back on top of their loan? Why?
A
A little bit of interest, so that more women can be helped
7
Q
Local Development: Who receives the dividends?
A
Poor shareholders
8
Q
Local Development: What does the scheme allow women to do?
A
Be empowered- learn new skills- boosts quality of life
