Grameen America An Approach to Mitigating Poverty in the United States M Suresh Sundaresan Case Study Solution

Grameen America An Approach to Mitigating Poverty in the United States M Suresh Sundaresan

VRIO Analysis

Grameen America is a pioneering effort in the provision of microfinance in the United States. It was established in 1983 by Muhammad Yunus, a renowned Bangladeshi economist. It was set up to mitigate poverty in rural Bangladesh. The bank’s aim was to help the poorest of the poor—poor, women, children, and those living with disabilities—through self-help, financial inclusion, and empowerment. The bank operates in the remotest villages of Bangladesh,

Recommendations for the Case Study

In 1983, a poor village woman named Rita was living on less than $15 a month in India. Her family lived in a three-room hut with a roof of mud, and Rita slept on a mud floor. Her husband was a small-scale farmer, but without enough income to buy enough food for the family. So they sold their cattle, and in the absence of alternatives, Rita sold her organs for food money. That is how a woman from a village in India went from being a poor person with only $

Problem Statement of the Case Study

“I once traveled to Bangladesh to write about poverty alleviation,” said Suresh Sundaresan, the CEO of Grameen America, a microfinance organization that has served more than 100,000 Bangladeshis. “It was a transformational experience that profoundly affected me. I learned that poverty isn’t an accident of birth or geography. It is a product of human decisions, and that we can make those decisions differently.” With a heart full of passion, Suresh

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In the past decade, Grameen Bank has created one of the most effective models for social entrepreneurship, providing small loans to small business owners to stimulate economic growth, create job opportunities and poverty alleviation. official source The bank has helped millions of rural people in Bangladesh and low-income urban neighborhoods to improve their lives. To mitigate poverty, Grameen Bank has introduced several strategies, which I will describe below. Firstly, Grameen Bank has developed an integrated approach to poverty reduction. It includes

Porters Model Analysis

Grameen America an Approach to Mitigating Poverty in the United States, was the first micro-credit organization founded in Bangladesh by a Nobel Peace laureate Professor Muhammad Yunus in 1998. This company works for the alleviation of poverty among the impoverished rural communities of Bangladesh through a system of microfinance where the ultimate objective is to bring rural people out of poverty by creating self-sustainable and sustainable micro-finance facilities for the rural masses. Grameen America

BCG Matrix Analysis

“Grameen America is an initiative that aims to create a model of village level financial services to combat poverty in the United States. The Grameen American model uses innovative microfinance, that is, small loans that are given to individuals based on their income level, with the primary purpose of providing income for low-income people. The project aims to create a sustainable model that will not only create employment opportunities but also a decent standard of living for the recipients of loans.” In my opinion, the model used by Grame