Word: bangladesh
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...Bangladesh, Grameen Bank charges the lowest rate among all microcredit programs, and yes, we make a profit. But Grameen Bank is owned by the borrowers, so when we make a profit, it goes back to the borrowers as dividends...
...most dramatic thing that has happened in Bangladesh in the past 25 years is the total change in the status of women. Microcredit has played a very important role in that, particularly with poor women...
...opens up the door for all kinds of cell-phone-based banking facilities, health-care facilities, marketing facilities. The cell-phone [network in Bangladesh] has been laid out, so now it's a question of bringing the programs and content to those things...
...think the model of microlending that is so successful in Bangladesh can be applied elsewhere...
...DHAKA, BANGLADESH...