A link and a synopsis of a number of microfinance models/strategies discussed by the Grameen Bank
by BrianFiore | December 18, 2007 at 5:39 PM
http://www.grameen-info.org/mcredit/cmodel.html.
(The above link will directly connect you to a synopsis of a variety of community association/banks, individual/group micro-finance models)
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**(THE MODELS & FRAMEWORKS DISCUSSED AT THE LINK)**
The above link discusses all of the following microfinance and loan models. Some models are more effective than others, some individual centric and others group centric. Some of the models pertain best to smaller towns and villages while others pertain best to larger groups. None of these models are without flaw and none of these models are that human centric...meaning account for the inconsistencies and un-predictable events that occur to humans Daily. I believe it is something to ponder over. Part of the reason that Microfinance has failed in so many areas is largely due to the heavy usage of indicators and outcomes, non-human jargon such as food security (what the hell does that mean?) I know what it means but honestly can we become anymore non-human in terminology? Why not try food availability or get this hunger! At any-rate despite my second of babbling
The site is quite interesting and will attach you to other areas. The models discussed are the fundamental models on the table and as such are also may assist you in developing a framework that works best for your situation
The models discussed are:
Associations,Bank Guarantees, Community Banking, Cooperatives, Credit Unions, Grameen's Model, Group, Individual,Rotating Savings and Credit Associations, Small Business, Village Banking
(SEE THE LINK to access this site)FREE!
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**(FACTORS & MODELS THAT ALLOW FOR THE ABOVE MODELS TO FUNCTION [FORCES & ASSETS])**
Below are the forces/assets that apply to some of the above frameworks. These assets/forces are: Intermediatories, Non-Governmental Organizations (NGOs), and Peer Pressure. I am inclined to agree with the peer pressure model as a community can have the most impact upon individuals what hurts one person hurts the whole community. I also appreciate the we determine what is best for us not you. I'm not sure though.
I invite some conversation and questions as I have many.
For starters if a community defaults than do they get another chance? If not, what can be done for this group... anything?
-Brian
