Grameen family of organizations

The Grameen family of organizations has grown beyond Grameen Bank into a multi-faceted group of profitable and non-profit ventures, established by Dr. Muhammad Yunus, the Nobel Peace Prize winning founder of Grameen Bank. Most of these organizations have central offices at the Grameen Bank Complex in Mirpur, Dhaka, Bangladesh. The Grameen Bank started to diversify in the late 1980s when it started attending to unutilized or underutilized fishing ponds, as well as irrigation pumps like deep tubewells. [http://203.112.193.71/grameen/gc/gfly.htm Introduction] , Muhammad Yunus, Grameen Family; "Retrieved: 2007-09-07"] In 1989, these diversified interests started growing into separate organizations, as the fisheries project became Grameen Fisheries Foundation and the irrigation project became Grameen Krishi Foundation.

These ventures include Social Advancement Fund (SAF), Grameen Trust, Grameen Fund, Grameen Communications, Grameen Shakti (Grameen Energy), Grameen Telecom, Grameen Shikkha (Grameen Education), Grameen Mothsho Foundation, Grameen Krishi Foundation, Grameen Baybosa Bikash (Grameen Business Development), Grameenphone, Grameen Software Limited, Grameen CyberNet Limited, Gonoshasthaya Grameen Textile Mills Limited, Grameen Capital Management Limited, Grameen Knitwear Limited, Grameen Mutual Fund One, Grameen Kalyan (Grameen Well-being), Grameen Shamogree (Grameen Products), Grameen Danone Foods (joint venture with Groupe Danone) and Grameen Uddog (Grameen Enterprise, owner of the brand Grameen Check).cite web |url=http://www.grameen-info.org/gfamily.html |title=Grameen Family of Enterprises |accessdate=2007-08-22 |date=2002-08-19 |publisher=Grameen Commiunications |language=English] cite web |url=http://www.grameen-info.org/bank/GBGlance.htm |title=Grameen Bank at a glance |last=Yunus |first= Muhammad |authorlink= http://www.muhammadyunus.org |accessdate=2007-08-22 |date=2007-07-25 |publisher=Grameen Bank |language=English]

Grameen Bank

The Grameen Bank is a microfinance organization and community development bank started in Bangladesh that makes small loans (known as microcredit) to the impoverished without requiring collateral. The system is based on the idea that the poor have skills that are under-utilized. The bank also accepts deposits, provides other services, and runs several development-oriented businesses including fabric, telephone and energy companies. The organization and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize in 2006. [cite web|url=http://nobelprize.org/nobel_prizes/peace/laureates/2006/press.html|title=The Nobel Prize for 2006|author=|publisher=The Nobel Peace Prize for 2006|date=2006-10-13|accessdate=2006-10-13]

Grameen Trust

Grameen Trust (GT), a non-profit and non-government organisation established in 1989 uses microcredit as a tool for fighting poverty and follows the Grameen Bank approach for the purpose. It supports and promotes poverty focused microcredit programs all over the world under its Grameen Bank Replication Program (GBRP) through a number of ways - dialogue programs for potential replicators, training and technical assistance to replication projects, funding selected projects, and monitoring performance. [http://www.grameen-info.org/grameen/gtrust/index.html Grameen Trust page on the Grameen Official website] ] Grameen Trust funds are provided in two forms - seed capital and scaling up fund. [http://www.asianphilanthropy.org/grant/local/bangladesh/private.html Bangladesh: Private Sector Foundations] , Philanthropy and the Third Sector, Asia Pacific Philanthropy Consortium; "Retrieved: 2007-09-04"]

As of August 2007, it has provided support to 138 replication partners in 37 countries of the world. Under the "Build, Operate and Transfer" (BOT) program, the Trust directly implements the projects to respond to the need for immediate and rapid implementation of poverty focused microfinance programs. Grameen Trust hosts the Grameen Global Network (GGN) and publishes the "Grameen Dialogue" newsletter to promote the cause of microcredit movement.To implement the replication program, it received funds from the MacArthur Foundation, United Nations Capital Development Fund (UNCDF), Deutsche Gesellschaft für Technische Zusammenarbeit (German Technical Cooperation or GTZ), United States Agency for International Development (USAID), United Nations High Commissioner for Refugees (UNHCR), United Nations Office for Project Services (UNOPS), the Citigroup Foundation, the World Bank and Ford Foundation.

Grameen Fund

Grameen Fund is a not-for-profit company in Bangladesh established to provide risk capital to small and medium enterprises (SME) beyond the scope of Grameen Bank's objectives of providing microcredit to the very poor. [http://www.grameen-info.org/grameen/gfund/index.html Grameen Fund page on Grameen official website] ] [http://www.calvertfoundation.org/resources/profiles/profile.cgi?id=103&mode=profile Grameen Fund: Profile] , Community investment Profile, Calvert Foundation; "Retrieved: 2007-09-04"] Incorporated in 17 January 1994, Grameen Fund started operation in February 1994, inheriting 40 projects of Grameen bank with assets of 391 million Bangladeshi taka investmented in small industries, fisheries and agriculture. As of 2007, it invested equity worth $1.0 million in 13 joint ventures and financed 1763 small and micro enterprises in Bangladesh, especially in technology-oriented industries, by providing collateral-free fixed and working capital loans. [ [http://www.socialfunds.com/ci/profile.cgi?id=103&mode=summary Grameen Fund: Profile] ; Community Investment CenterSocial Funds; "Retrieved: 2007-09-04"]

Grameen Telecom

Grameen Telecom (GTC) is a not-for-profit company in Bangladesh established with a partial stake in Grameen Phone (GP). GTC has driven the pioneering GP program of Village Phone that enables rural poor to own a cell-phone and turn it into a profit making venture. The vision behind the village phone program was formulated by Iqbal Quadir who was convinced that a mobile phone could become a source of income generation. Quadir worked with Professor Yunus and the Norwegian company Telenor to make the program a reality. Currently Grameen Telecom provides mobile phones among the villagers of the country. [ [http://www.grameentelecom.net Grameen Telecom Website] ] [ [http://www.arvindsinghal.com/grameen-bank/Telenor(A)%20Case%20INSEAD-Final.pdf Brief history of Grameen Telecom] ]

Grameenphone

Grameenphone is a GSM-based cellular operator in Bangladesh and market leader [ [http://today.reuters.co.uk/news/articlenews.aspx?type=internetNews&storyID=2007-01-18T102454Z_01_DHA291374_RTRIDST_0_OUKIN-UK-BANGLADESH-TELECOMS.XML&archived=False From Reuters] ] with more than 50% of the Bangladeshi market share. Grameenphone started operations on March 26, 1997. It is partly owned by Telenor (62%) and Grameen Telecom (38%). It has more than 10 million customers as of December 2006. [ [http://press.telenor.com/PR/200611/1086171_5.html Telenor press release] . About Grameenphone section] It is also the fastest growing cellular telephone network in Bangladesh. At the end of 2005, it had about 3500 base stations around the country with plans to add about 500 in the following six months. Grameenphone's stated goal is to provide cost-effective and quality cellular services in Bangladesh.

Grameen Communications

Grameen Communications (GC) is a not-for-profit information technology company established in Bangladesh in 1997, with a portfolio that includes software products and services, internet services, hardware & networking services and IT education. The life of the company began as an IT support unit under Grameen Trust in 1994. [http://www.grameen.com/gc/ Official website] , Grameen Communication; "Retrieved: 2007-09-04"] Besides providing IT support to various Grameen family organizations it in charge of developing systems for organizations like CASHPOR Financial and Technical Services Private Limited (CFTS) in Mirzapur District, Uttar Pradesh, India, CMC in UIndia, Swayam Krishi Sangham (SKS) in Hyderabad, India, Grameen Koota in Bangalore, India, Moris Rasik in East Timor, Ganesha Foundation in Jakarta, Indonesia, and Ahon sa Hirap Inc. (ASHI) in Manila, Philippines.

The company has developed the Village Computer and Internet Program (VCIP) to set up a number of multipurpose "Cyber Kiosks" in rural areas using different connectivity solutions for information access, communication and IT education. [ [http://www.eb2000.org/ITPP1.htm Grameen Communications: Village Internet Program] , Dr Shahidul Alam, Expatriate Bangladeshi 2000, 1998-11-06; "Retrieved: 2007-09-04"] The first VCIP was established in a room rented from the Grameen bank at Madhupur Upazila, which is connected through microwave link to the VSAT at Grameen Communications office 160 km away in Dhaka. [http://www.digitaldividend.org/pubs/pubs_02_gc.htm Grameen Communications' Village Computer and Internet Program (VCIP)] , Publications and Analysis, Digital Dividends; "Retrieved: 2007-09-04"] [ [http://www.telecommons.com/villagephone/gbfamily.html Appendix 9: Grameen family of organizations] , Grameen Telecom's Village Phone Programme:A Multi-Media Case Study, Telecommons; "Retrieved: 2007-09-04"] Two others were established at Sarishabari Upazila and Mirzapur Upazila. A partner of International Development Research Centre (IDRC) initiative Pan Asia Networking (PAN), [ [http://203.112.193.71/grameen/gc/part.htm Partners] , Grameen family of organizations; "Retrieved: 2007-09-04"] GC is also developing a program with Digital Divide Data of United States to provide data entry jobs for rural Bangladeshis.

Grameen Fisheries and Livestock Foundation

Grameen Fisheries and Livestock Foundation or Grameen Motsho O Pashusampad Foundation (GMPF), a non-profit organization, was founded as Grameen Fisheries Foundation or Grameen Motsho Foundation (GMF), in February 1994 to mitigate poverty through aquaculture & fisheries, as well as an integrated fish-crop-livestock and dairy development farming system. The mandates of the organization are to provide rural landless poor, especially women, to gain access to common resource properties; replace exploitation with community empowerment; replace stagnation with social and economic growth; replace traditions with modernity; provide women with legal and gender rights; and to provide food security and sustainable livelihood. [ [http://www.gfish-livestock.com/ Grameen Motsho official site] ]

Grameen Shakti

Grameen Shakti (GS) or Grameen Energy is a not-for-profit company in Bangladesh established in 1996 to promote, develop and popularize renewable energy technologies in remote, rural areas of Bangladesh. [http://www.grameen-info.org/grameen/gshakti/index.html Grameen Shakti page on Grameen official website] ] [http://www.gshakti.com Grameen Shakti official website] ] It is a part of the Grameen family of organizations founded to take the Grameen Bank objective of alleviating poverty for the extreme poor through microcredit. Grameen Shakti has been honoured with a Right Livelihood Award for its work [cite web | title =Grameen Shakti (Bangladesh) | date = | url = http://www.rightlivelihood.org/grameen_shakti.html | accessdate =2007-10-03] , and has also won two Ashden Awards, in 2006 [cite web | title =Grameen Shakti (Bangladesh) 2006 Ashden Award| date = | url = http://www.ashdenawards.org/winners/grameen | accessdate =2008-07-09] and 2008 [cite web | title =Grameen Shakti (Bangladesh) 2008 Ashden Award| date = | url = http://www.ashdenawards.org/winners/grameen08 | accessdate =2008-07-09] .

Grameen Shikkha

Grameen Shikkha or Grameen Education was established in 1997 to promote mass education in rural areas, provide financial support in the form of loans and grants for the purpose of education, use IT for alleviation of illiteracy and development of education, promote new technologies and innovate ideas and methods for development of education. It also conducts Life the Oriented Education Program, the Pre-school/Child Development Program, the Early Childhood Development Program and the Arsenic Mitigation Program.

Grameen Byabosa Bikash

Grameen Byabosa Bikash (GBB) or Grameen Business Promotion and Services was established in 1994 as a a social business and not-for-profit organization to provide supplementary services on top of microcredit to rural entrepreneurs dealing in products like vegetables, livestock or handicrafts to provide experience, skill and knowledge. [ [http://www.grameenbb.org/aboutus.html Grameen Byabosa Bikash official site] ]

Grameen Danone Foods

Grameen Danone Foods was launched in 2006 as a joint venture between Grameen Bank and the French food company Groupe Danone. Grameen Danone's first product is a fortified yoghurt, branded Shoktidoi, which is designed to provide children with many of the key nutrients that are typically missing from their diet in rural Bangladesh. A crucial aspect of the joint venture is the over-arching business goal: although Grameen Danone Foods is a profit-making company, social impact, rather than financial profit, is the number one measure of success.

Grameen America

Grameen America is a microfinance organization with a mission to alleviate poverty through entrepreneurship. Grameen America provides loans, savings programs, credit establishment and other financial services to the working poor, especially women, in the United States. [ [http://www.grameenamerica.com/About-Us/About-Us.html Grameen America official website] ]

References

External links

* [http://www.grameenfoundation.org/ Grameen Foundation]
* [http://203.112.193.71/grameen/gc/gfly.htm Grameen Family]
* [http://www.telecommons.com/villagephone/gbfamily.html The Grameen Bank Family of Organizations]
* [http://www.barka.org.pl/eu_documents/7%20GB%20Microcredit.PPT Grameen organizations]
* [http://www.gdrc.org/icm/grameen-institutions.html Grameen Institutions]
* [http://www.imagomundi.org/area/posts/view/grameen_fisheries_foundation_-gff- Grameen Fisheries on Aquaculture Resources]
* [http://www.lcgbangladesh.org/inventory/2_inventory.pdf LCG Sub-Group on Women Advancement and Gender Equality (WAGE)]
* [http://roc.gov.bd/tradeorg.asp?catID=g Enlisted Trade Organizations]
* [http://marriottschool.byu.edu/selfreliance/wiki/UserFiles/Kirk_Magleby.pdf Microfranchises as a Solution to World Poverty]
* [http://www.kfw-entwicklungsbank.de/DE_Home/Service/Online_Bibliothek/PDF-Dokumente_Auswertungsberichte/7.Evaluierungsbericht-englisch.pdf Cooperating with perspective] Joysagar Grameen Motsho project case study
* [http://www.adb.org/Documents/Reports/JFPR/2005/appendixes.pdf List of Non-government Organizations Participating in Japan Fund for Poverty Reduction Projects]
* [http://www.fps.chuo-u.ac.jp/~iip/GB%20At%20a%20Glance%20January%2020047.pdf Grameen Bank at a Glance]
* [http://www.sustainability.murdoch.edu.au/casestudies/Case_Studies_Asia/grameen/grameen.htm Case study of Grameen Shakti]
* [http://www.danone.com/en/news/focus/danone-grameen-foods.html Grameen Danone Foods]
* [http://www.thedailystar.net/2006/11/06/d61106050257.htm Grameen Danone Foods on Daily Star]
* [http://www.grameen.org.au/dev_projects.htm Grameen Trust projects around the world]
* [http://www.grameenamerica.com Grameen America]