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About Banking With Very Poor Women Outreach An
This document summarizes a case study of CARD Rural Bank in the Philippines and its evolution from an unsuccessful credit non-governmental organization (NGO) to a sustainable rural bank utilizing Grameen-style microfinance. When CARD began in 1986, it struggled with low repayment rates of 68% due to flexible repayment schedules. After adopting the Grameen group lending model in 1988, repayment improved but CARD still faced sustainability issues as an NGO. In 1997, CARD transformed into a regulated rural bank, allowing it to legally mobilize savings. This transition helped CARD greatly increase its outreach from 1,711 to 26,369 women clients between 1993 and 1999 while achieving operational and financial self-sufficiency
Detailed Information
| Author: | ['Layes Ahmed'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 9 |
| Language: | English |
| Format: | |
| Price: | FREE |
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