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Grameen reader: training materials for the international replication of the Grameen Bank financial system for reduction of rural poverty

By: Material type: TextTextPublication details: Bangladesh; Grameen Bank; 1995Edition: 2nd edDescription: 174 pSubject(s): DDC classification:
  • 332.1095492 GRA
Summary: More and more people are convinced that the removal of poverty is a do-able thing. One does not have to wait around for many other rounds of things to happen before poverty starts declining. Poverty can be addressed and redressed even in a person-by- person, or in a family-by-family way. Bigger and broader policy changes and faster growth in the economy under certain conditions may expedite the process, but there is no reason why one cannot make a beginning directly and surely. Credit is one action which is directly addressed to the individual. Grameen Bank's experience has shown unmistakably that given the resource support through credit, the poor themselves can turn around their own situation. The best way to do something about poverty is to let the people do their own thing. Nobody will have more motivation to change his situation than the sufferer himself.
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More and more people are convinced that the removal of poverty is a do-able thing. One does not have to wait around for many other rounds of things to happen before poverty starts declining. Poverty can be addressed and redressed even in a person-by- person, or in a family-by-family way. Bigger and broader policy changes and faster growth in the economy under certain conditions may expedite the process, but there is no reason why one cannot make a beginning directly and surely.
Credit is one action which is directly addressed to the individual. Grameen Bank's experience has shown unmistakably that given the resource support through credit, the poor themselves can turn around their own situation. The best way to do something about poverty is to let the people do their own thing. Nobody will have more motivation to change his situation than the sufferer himself.

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