claim

active

claim:fundamental-change-even-in-high-profile-rigid-processes-like-banking-is-possible-and-has-been-demonstrated-in-our-time

Fundamental change, even in high-profile rigid processes like banking, is possible and has been demonstrated in our time.

Conclusion drawn from Grameen Bank success that small sequences can change entrenched systems.

Neighborhood — ranked by edge-count

Findings (2)

finding

Grameen Bank assets of $400 million, 10 million borrowers in 52 countries
supports
Scale achieved by Grameen Bank seventeen years after starting, demonstrating massive spread of the small sequence.
Grameen Bank loan failure rate less than 2%
supports
Empirical result from Yunus's pilot micro-lending showing extremely low default compared to conventional banks.

Methods (1)

method

Grameen Bank sequence
about
A short micro-lending sequence: lend small amounts without collateral within a face-to-face community, based on trust and intuitive feeling.

Related by similarity (8)

cosine ≥ 0.65 · no typed edge

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