Saturday, June 9, 2018

Nepali MF bankers learn Grameen System


Kathmandu, July 8: Centre for Self-help Development (CSD) in collaboration with the Grameen Trust (GT) Bangladesh is organising a two-day programme on ‘Grameen Financial System’ for Nepali microfinance bankers.

The programme, started on Friday, is attended by 46 microfinance practitioners from 37 micro-finance institutions (MFIs) across the country.

“It is expected that the Nepali MFIs will get acquainted with the best practices of the Grameen Financial Syatem and be inspired to make amends in the deficiencies witnessed in the individual companies participating in the programme, resulting in solving problems currently faced by the sector through mutual cooperation and understanding,” said CSD Chairman Shankar Man Shrestha.

According to him, microfinance was established with twin objectives of social and economic development of the poor. With the unhealthy rise in the number of MFIs entering the sectcor, only those who abide by the fundamentals of microfinance will be able to achieve long term sustainability.

Participating microfinance bankers said that commercialization and profit oriented MFIs would cause damage to the image of the sector.

Even after four decades of operation, Grameen Bank continues to follow the basic principles and fundamentals of microfinance.

Two experts from Bangladesh,former Manading Director of Grameen Bank Ratan Kumar Nag and Grameen Trust’s representative Mir Hossain Chowdhary will deliver presentations on the topic.


Published in The Rising Nepal daily on 9 June 2018. 

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