Abstract

The case explains Bangladesh based Grameen Bank’s two microfinance models - Grameen Classic System and Grameen General System (GGS). For over two decades, Grameen Bank extended loans to poor people in Bangladesh under its Grameen Classic credit system. In 1998, the floods ravaged the country which led to many poor people default on their loan payments. This led to the need for a new, more flexible credit system. The result was Grameen General System which allowed the borrowers to remain as the member of the bank even when they were unable to pay their loan installments. The case gives an overview of the GGS and the success Grameen Bank achieved after implementing the new credit system.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Study and compare the Classic and General microfinance models of Grameen Bank Examine the reasons that prompted the bank to introduce a new, more flexible credit system Analyze the advantages and disadvantages of Grameen General microfinance model.

Keywords

SYSCO Corporation, Foodservice Distribution and Marketing, Supply Chain Management, Information Technology, Redistribution Centers, RDBC, ChefEx Program, SYSCO Uniform System, SUS, E-commerce, National Supply Chain Project, Radio Frequency Identification, RFID System, North American Foodservice Market, Performance Food Group, Whole Foods Market Inc., Vendor Relationship