You are on page 1of 3

The problem with the evolution of microfinance: From Grameen to Accion

Presented to: The World Bank Microfinance Division

.Non-profit • Helping the poor through microcredit – small lending • The money was lend to the poor through Microfinance Institutions with marginal interest rate to cover the subsequent micro-credit. • Money used to fund the poor to start a business.Microfinance The Grameen model • Founder: Muhammad Yunus • Social objectives.

Source of Funds • Financial institutions • Donors • Private equity Microfinance institution • Grameen Bank • Accion Bank Microentrepreneurs • Mostly people who live with less than $1 a day .