Grameen’s ‘members’ are its clients, who own a share of the bank and gather in small groups to receive its services. The most startling fact about membership since the launch of Grameen II has been its rapid and accelerating growth. This note looks briefly at the reasons for this growth, reviews Grameen’s membership policies, and then offers some observations on the composition of the membership.
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What CEOs Need To Know About Software Implementation
Once the right software system is chosen, it has to be put into place properly. Inadequate planning often leads to project delays and unmet expectations. This note distils some of the lessons (good and bad) gleaned while implementing the selected software solution. Key issues addressed in the note include – planning and project management skills, sponsorship, roll out process, communication and connectivity, hidden costs, scope creep, vendor relationship, training staff etc.
What CEOs Need To Know About Software Selection
MicroSave Action Research Partners meet regularly and during one of these meetings, IT Managers met to discuss issues relating to their information systems. This note presents and discusses following issues that were discussed in the meeting: why institutions upgrade, avoiding introductory problems by institutions, defining institutional needs, planning for growth, managing new software’s and key software selection issues.
Cash, Children or Kind? Developing Security for Low-Income People in Old Age in Africa
The number of people aged over 60 in the developing world is predicted to rise from 375 million in 2000 to 1,500 million in 2050. This note outlines the economic and social challenges which come with old age. It documents some of the common traditional practices adopted as a security measure against these challenges. It outlines the general saving methods, focuses on educating people on why and how to save. Further it discusses the potential market for long-term contractual savings services which provides security in old age.
Entering new markets with new products – Costs and benefits of following new product development process – based on a case study of MDF-Kamurj (Armenia)
The case presents a successful implementation of product and market diversification. The case draws from the experience of MDF-Kamurj – an Armenian microfinance institution which developed and launched a new credit product directed to rural microentrepreneurs involved in agriculture and livestock breeding. The case seeks to present how the process of market research and pilot testing helps in mitigating risks related to entering new areas with a new product (a product not meeting clients’ needs, inefficient procedures, resistance among staff towards innovation). Simultaneously it discusses the requirements of conducting market research and pilot testing (including financial and non-financial costs as well as the golden rules of the process).
Costs and benefits of process mapping – Based on the case study of MI-BOSPO (Bosnia and Herzegovina)
The presence of quite a few microfinance players have steppd up the competition in the microfinance sector in Bosnia and Herzegovina. Most Bosnian microfinance institutions were established as governmental or international reconstruction projects. Those reconstruction projects, which responded to market demand and have gradually became specialized microfinance institutions targeting microentrepreneurs. The sector developed dynamically, and currently it is one of the most competitive in the region of Central and Eastern Europe and the New Independent States.
Due to increase in competition, this paper examines the ablility of MFIs to increase their efficiencies within Product Policies using Process Mapping. This report discusses the overview of the market, description of process mapping, how to apply the Process Mapping tool, tips for conducting Process Mapping and enhancing institutional culture