1. Grameen Bank

5. Professor Muhammad Yunus, founder of the globally renowned Grameen Bank and architect of Grameen Model. Joint winner of 2006 Nobel Prize Winner for Peace Architect of Grameen Group Model

11. Structure of Grameen Bank Head Office Zonal Offices Area Offices Branches Centers Groups In Villages 1 ZO for 8 Area Offices 1 AO for 8 10-12 Branches 1 Branch for 50-60 Centers 1 Center for 6-8 Groups Each Group will have 5 members

17. Members : 6.83 million – 96 % are women, 1,086,744 groups Area Coverage : 73,609 villages through 121,755 centres, 2283 branches and 20,233 staff Deposits : Tk 41.22 b – 62 % from members , rates 8.5 to 12.0% Loans : Cumulative disbursement - Tk 301.72 b Loan Outstanding – Tk 32.66 b Annual disbursement – Tk – 49.46 b Vital Statistics Data as of Nov 2006. Source- Grameen Foundation

18. Sustainability Loan Recovery Rate : 98.91 per cent ROI on loans – Income generating activities – 20 % Housing Purposes – 8 % Student loan – 5 % All interest rate are simple interest & applied on declining basis. Interest collected not to exceed Principal After 1995 the Bank had decided not to receive anymore donor funds. It has become self reliant.

19. 16 Discipline

20. 1. We shall follow and advance the four principles of Grameen Bank --- Discipline, Unity, Courage and Hard work – in all walks of our lives

21. 2. Prosperity we shall bring to our families .

22. 3. We shall not live in dilapidated houses. We shall repair our houses and work towards constructing new houses at the earliest.

23. 4. We shall grow vegetables all the year round. We shall eat plenty of them and sell the surplus.

24. 5. During the plantation seasons, we shall plant as many seedlings as possible

25. 6.We shall plan to keep our families small. We shall minimize our expenditures. We shall look after our health.

26. 7. We shall educate our children and ensure that they can earn to pay for their education .

27. 8. We shall always keep our children and the environment clean.

28. 9.We shall build and use pit-latrines

29. 10.We shall drink water from tubewells. If it is not available, we shall boil water or use alum .

30. 11. We shall not take any dowry at our sons' weddings, neither shall we give any dowry at our daughters wedding. We shall keep our centre free from the curse of dowry. We shall not practice child marriage

31. 12. We shall not inflict any injustice on anyone, neither shall we allow anyone to do so.

32. 13.We shall collectively undertake bigger investments for higher incomes

33. 14. We shall always be ready to help each other. If anyone is in difficulty, we shall all help him or her.

34. 15. If we come to know of any breach of discipline in any centre, we shall all go there and help restore discipline

35. 16. We shall take part in all social activities collectively.

47. “ It’s not people who aren’t credit-worthy. It’s banks that aren’t people worthy.” Muhammad Yunus

48. Governance of Grameen Bank Governance : Managed by 13 Member Board comprising 9 Members from borrower shareholders, 3 nominees of Government, and 0ne Managing Director