Grameen Methodology
•Organized
into 5-member groups, with 5-6 groups in each village centre
•In first
loan cycle, 2-3 members receive loans, which is entire group's responsibility for repaying
(or others don't get
loans)
•Rigid
operational guidelines and institutional structure (filters down from Grameen Bank)
•Clear
distinction between institution and client
•Much
quicker to form than SHGs (institution-driven)
•Less
emphasis on savings, local independence
