Assessment Type: Research Report - 2,500 words report - Individual assessment.
Purpose: This project will further students' understanding of the role of microfinance, and how Grameen Bank and the communities they serve are responding to the ever changing global economic and financial sectors. This assessment contributes to learning outcomes a, b, c, d, e and f.
Value: 30% Due Date: Week 10
Submission: One soft copy (Word .doc or .docx) of the report to be uploaded to Moodle Turnitin by 11:59 P.M. Sunday Week 10. One hard copy to be submitted to your Tutor in Week 10 Tutorial session.
Topic: Microfinance and Grameen Bank of Bangladesh - operation, regulation, financing, lending policies, school of thought, present state.
Task Details: Grameen Bank (GB) has reversed conventional banking practice by removing the need for collateral and created a banking system based on mutual trust and creativity. GB provides credit to the poorest of the poor in rural Bangladesh, without any collateral. At GB, credit is a cost-effective weapon to fight poverty. Professor Muhammad Yunus, the founder of “Grameen Bank” reasoned that if financial resources can be made available to the poor people on terms and conditions that are appropriate and reasonable, -these millions of small people with their millions of small pursuits can add up to create the biggest development wonder.-
Students will research and produce a report that:
o Discusses the history of and the reasons for establishing Grameen Bank, with a brief outline of their structure. Discuss about Muhammad Yunus.
o Outlines regulation that should be implemented by Grameen.
o Describes how Grameen Bank obtain their funds, and whether subsidies are granted.
o Details the lending policies to be introduced by Grameen Bank, including likely borrowers, loan limits and interest rates.
o Assesses likely impacts (economic, cultural and psychological), including criticisms and drawbacks.
o Discuss about Obstacles and limitation may Grameen has been facing, Explain about their success path.
Research Requirements: Students need to support their analysis with reference from the text and a minimum of six (6) suitable, current and academically accepted sources - check with your tutor if unsure of your sources. Students seeking Credit or higher grades should support their analysis with an increased number of reference sources consistent with the grade they are seeking.
Presentation: Every page should clearly be numbered, and the Assignment organized as follows:
(b) A title page, wfrfc|Tjndi£ates.Subject title, Subject Code, Trimester number, Assignment title, your
full name and count an^ Tutor’s name.
(c) Executive Summar^n^nor^narv100 words)
(d) Table of Contents
(e) Body (main contents - each to be a separate numbered section).
Research - literature review
Analysis - this is the major part of your assignment and requires numbered sub-sections Recommendations
(h) A Turnitin validation page showing the Similarity score for your assignment
(I) A copy of the Marking Rubric
Reading and Research 30
Recommendations and conclusions 20
Written presentation 20
This total will be converted to a mark (correct to the nearer whole number), out of 30%