Talk:Grameen Bank
From Wikipedia, the free encyclopedia
 |
Grameen Bank is part of WikiProject Bangladesh, which aims to improve Wikipedia's coverage of Bangladesh and Bangladesh-related topics. If you would like to participate, visit the project page. Please do not subsitute this template.
|
 GA |
This article has been rated as GA-Class on the quality scale. |
| Top | This article has been rated as top-importance on the importance scale. |
 |
Grameen Bank was the Article Creation and Improvement Drive for the week spanning from Sunday, 14 August 2005.
For more details, see the Article Creation and Improvement Drive history. |
 |
Grameen Bank has been listed as a good article under the good-article criteria. If you can improve it further, please do. |
The first paragraph states "He was inspired during the terrible Bangladesh famine of 1974 to ..."
Who is this "He" being referred to? Is it Muhammad Yunus? If so, then it should be stated explicitly, as that name does not appear until the fourth paragraph. Omission of this piece of information causes confusion at the very start of the article.
TheParanoidOne 22:21, 30 Mar 2005 (UTC) Thanks, I clarified the sentence to show Yunus indeed founded the bank this way. Rtgarden 13 April 2005
Why is it called Grameen? Is that someone's name, or does it have a meaning in Bangladeshi? Mamawrites 11:13, 16 August 2005 (UTC)
- I think the article mentions that ... the word "Grameen" means "pertaining to villages" or "of the village/for the village"). The Bank's main activities involve the poor people from villages, that's probably why Yunus named it so. Thanks. --Ragib 13:07, 16 August 2005 (UTC)
-
- In what language? This is not mentioned in the article, so if you'd like to edit to insert it, it'd be a valuable contribution. Mamawrites 10:45, 18 August 2005 (UTC)
-
-
- Thanks, I added it. The word "Grameen" comes from the Bengali language (also known as Bangla). --Ragib 14:54, 18 August 2005 (UTC)
-
-
-
-
- Great! I hope you don't mind, I moved it, because I don't think the information is important enough to go in the introductory section. (And I fixed the link to Bangla. It looks like this article is well positioned to be selected next in the improvement drive!Mamawrites 19:59, 18 August 2005 (UTC)
-
-
-
-
-
-
- Grameen means "rural" in Bengali, per http://www.nashvillepost.com/news/2006/10/13/nobel_peace_winner_has_phd_from_vanderbilt -Grammaticus Repairo 17:47, 13 October 2006 (UTC)
-
-
-
The article on poverty eradication, more extreme than poverty alleviation or poverty reduction needs to be created and/or the strategy of the bank should be called poverty reduction, meaning that this article could need further elaboration.Brz7
Contents |
[edit] criticism
I am a rather major fan of the concept - and the role that Grameen appears to have played in Bangladesh's development. Is it possible to start a section talking about the socio-cultural impact of Grameen? And also, it would be useful to have examples of how the system is or is not immune to abuse or even corruption (Bangladesh being apparently amongst the most corrupt countries!). How wonderful to see this well-written page. freedomAnnawright 16:54, 27 October 2005 (UTC)
- Go ahead. Wikipedia expects users to be bold and make changes, for the better. Thanks. --Ragib 17:19, 27 October 2005 (UTC)
The Bangla version of the bank's name, in the first sentence of the article, seems to have gone wrong: can anyone fix? I don't know any Bangla.
--Sam Clark 13:31, 20 July 2006 (UTC)
- It looks fine to me, are you sure you have a font that contains the necessary charset? You might want to try something like Code2000 if you're not sure (See Unicode typefaces) Nil Einne 09:45, 13 October 2006 (UTC)
- I think I read on an AP article today a quote from a bangladeshi economist who argues that the Grameen bank's interest rates are too high. Borisblue 06:05, 15 October 2006 (UTC)
[edit] Ownership
Can somebody please explain (in the article) how the borrowers can be the owners? Borrowers take money out of an institution; ownership usually means having equity by having put money into an institution? mglg(talk) 20:32, 16 October 2006 (UTC)
- I am curious as well on this matter. It doesn't make much sense as an economic entity. To explain in layman term, "Owner" means either the person is an investor or someone who purchased ownership from founding investor. Because lender didn't put any money into this bank, it is unfitting for them to be owner.
- Theoretically, it is possible for the founder to give the shares to the lender as charity, but such an entity would fail because the lenders can vote to dissolve organization and not having to pay back. --Voidvector 23:13, 17 November 2006 (UTC)
[edit] Weird criticism
Do we really need this libertarian criticism section? I'm all for a comprehensive representation of criticism pertaining to the Grameen Bank (preferably not microcredit as a whole), but this quote is outlandish and doesn't represent anything aside from Tucker's myopic interpretation of the program. Anon 16:30, 5 November, 2006
[edit] GA Candidacy - comments
In order for this article to be awarded good article status several issues need to be addressed:
- Several sentences are marked with 'citation needed', in most cases the tag is justified. It must have these citations.
- The 16 principles should be described, currently there is only a link.
- The ownership-issue which was also addressed by several users on this talkpage needs to be researched and explained. Why is the majority of equity held by the banks debtors? Is there some requirement for them to buy stock in the grameen bank?
- Information that compares Grameen bank to other banks: how high is their interest rate, how long is the average credit period.
- Number of employees?
If these changes are made, I believe it could be awarded GA status.--DorisHノート 23:05, 21 March 2007 (UTC)
- I have a comment of my own to make, why is the template asking for expert attention on this subject, is something missing? Homestarmy 04:14, 25 March 2007 (UTC)
- On second thought, the details that I asked for: legal structure and business-related details, are typical requirements for class-A-level, where an expert reviews the article. The article looks fine now, it is broad in its coverage and mentions all important aspects.
I moved the uncited statements to talk, they can be re-added later with a citation. The article is neutral and stable, it is well written and adequately structured. The images are fine and there are no licence problems. It's a good article.--DorisHノート 18:58, 27 March 2007 (UTC)
[edit] Removed statements that need a (better) source
Former Finance Minister of Bangladesh, Saifur Rahman, commented that giving the poor some money does not make them well off. They are suceptible when larger corporations take over. He also mentioned that Bangladesh's rapid GDP growth had more to do with industrializaiton of large companies (hence giving the poor more jobs) rather than keeping them tied to their agrarian roots with microcredit.[citation needed] The organisation has also been criticised for exploiting the traditional social positions of Women in Bangladeshi rural society to enforce repayments. This leads to enormous pressure on female borrowers. [1]
[edit] Interest rates
There is a good article in Today's Daily Prothom Alo, in the editorials/op-ed page. A Deputy Managing Director has explained the interest rate structure for Grameen Bank in detail. --Ragib 05:23, 24 March 2007 (UTC)
