CAIIB · RB · Chapter 20

Financing Poor as Bankable Opportunities: Micro Credit and Self Help Groups

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Rural Banking (Elective) — CAIIB.

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Q

Prof. Mohammed Yunus?

A

Bangladeshi economist, born 28 June 1940, Chittagong; PhD Vanderbilt University (1971).

Q

Pilot?

A

Jobra village, Chittagong, 1976

Q

Incorporation by ordinance?

A

2 October 1983

Q

Headquarters?

A

Mirpur, Dhaka, Bangladesh

Q

Members today?

A

~10 million; 97% women

Q

Branches?

A

2,500+ across all 64 districts of Bangladesh

Q

Repayment rate?

A

~98%

Q

Ownership?

A

Borrowers own ~94%; Govt. of Bangladesh ~6%

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