Related Resources

Nascent Indian MFIs and their Fund Raising Challenges
This Focus Note attempts to provide insights into the different sources of capital available to nascent MFIs in India and how an MFI might improve its ability to attract such capital. Much of the data for this note is collated from MicroSave partners under the RBSFI/Cordaid Technical...
67.85 KB

Financial Performance  

Author: Iftekhar Hossain
Published: April 07, 2005


Grameen Bank’s audited accounts for 2003 show a six-fold increase in net profits over 2002 – from 60 to 358 million taka (US$6 million). 2003 was the first full year of ‘Grameen II’, so this surge in profit looks like a good return on the decision to launch Grameen II. So where did these profits come from? This Briefing Note attempts to answer that question and the implications for Grameen's future performance.

Tags: South Asia , Grameen bank , Bangladesh , Microfinance , Institutional change , Grameen II , Impact assessment , Mohammad yunus , MFIs , Microfinance institution , Group lending

0 Comment
0 Likes Like
48.54 KB

Leave a Comment