Grameen Bank Replication and the Principles of Microfinance

Grameen Bank Replication and the Principles of Microfinance

For a brief overview of the GBR (Grameen Bank Replication) methodology and its use by NWTF/Project Dungganon, see here. Microfinance institutions (MFIs) are often affiliated with larger networks, which help to secure funding, offer back-office services, and provide an operations model.  These organizations – Grameen Foundation, FINCA, Accion International, and World Vision, to name a few – partner with MFIs across the world to replicate the model, be it village banking, the Grameen model, or another.  These networks span countries…

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The Galvez Family, Pt. 1

The Galvez Family, Pt. 1

Success in microfinance is difficult to measure because progress occurs incrementally and may take a generation or more to manifest.   Usually, the benefits of microfinance – improvements in healthcare, education, and quality of life – are only visible over a longer timeframe.  For industry practitioners and evangelists, the tangible success stories among recipients of microloans are valuable proof of its efficacy.  On a recent trip to Valladolid, I was fortunate enough to meet one of the most successful NWTF clients…

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In The Field

In The Field

I spent the last three days in “the field,” a term used to describe the front lines of microfinance where the money is distributed to the clients of the banks.  Beginning early Tuesday morning, I set out for the town of Valladolid, a rural municipality about 50 km from Bacolod City.  The road snakes along the coast through increasingly less urban communities, until reaching Pontevedra, where the NWTF (Negros Women for Tomorrow Foundation) Valladolid branch is located.  Linda, the branch…

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Organized Chaos

Organized Chaos

Here in Bacolod City, and the rest of the Philippines for that matter, traffic laws are non-existent.  There seem to be no rules governing how you act behind the wheel – only that the horn is your friend, and is especially useful for letting the other guy know that you don’t intend to stop.  Last night, I went swimming with one of my coworkers and her mother at a resort in town (with an Olympic size pool, complete with a…

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Filipina Heart

Filipina Heart

The motivations for travel on a Trans-Pacific flight run vary more than your average domestic flight.  Businessmen hammering out last-minute presentations to their Chinese counterparts to your left; a sex tourist that looks, talks, and thinks like a sex tourist to your right.  And you, physically in the middle, but not necessarily anywhere along the same spectrum or plane.    The sex tourist and small business owner from southern Indiana sitting next to me is 48 and right now is en…

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