We are pleased with the progress we have made so far. We are now duly registered and we have started gathering some donations, albeit small compared to our growing needs. We have already filled-in an application for funding from IDB and CGAP. And we are dealing with the creation of the credit cooperative via BANCRECER, the bank that manages the funds which we receive from Bangladesh.
David Rockefeller Center for Latin
61 Krikland Street
Cambridge, MA.02138, USA
Tel: +1-617-495 9806
Fax: :+1-617-496 2802
October 28, 1998
A Bank for Africa
Our experiences demonstrate that small-scale farmers, traders and artisans living in rural and urban areas can put small loans to good use. We believe that extending small amounts of credit with appropriate encouragement and orientation, will lead to significant increases in income, production and employment.
Stephen Wilfred Omondi Oludhe
African Microcredit Bank
P.O. Box 35189
Tel : 710652
Fax : 710652
October 17, 1998.
Rooted in Our Hearts
The ECOSOC has adopted the resolution to proclaim the Decade 2000-2010 as the International Decade for Culture, Peace and Non Violence, just five minutes after the adoption of the resolution regarding the Year 2005.
Beginning in Croatia
ILast month much progress was made on the idea . It so happened the I was not alone with the idea. The representative committee of the 4.5 million Croatians living abroad called the Croatian World Congress, decided recently to open a micro-credit bank that would help develop Croatia. I worked with them on drafting the initial plans.
Your involvement in any form would be greatly appreciated. We believe that the experience gained through Grameen Bank would help set us in the right direction and provide valuable insight into developing a successful micro-bank.
We would like to discuss with you such ideas as sending future managers of the bank on internships with Grameen, involving managers from your bank in advisory roles and the exchange of information and ideas. Any involvement on your behalf would be greatly valued
Modvescina 5 10060/ Zagreb, Croatia
Tel. fax : 385-1 425731
As mentioned before, the object of our visit is to discuss the financial and organizational aspects related to the establishment this coming year of a private bank in Angola, following the line of work of the Grameen. Also, since we were very much impacted by the success and need of the health program that accompanies the microcredit system, we also will like to discuss that issue, particularly the definition of its products and its financial, operational and organizational aspects. For that purpose, my wife (who is a nurse holding an MBA) will also participate in the visit.
We would like to collect from you and your colleagues all relevant materials ( including the health program ) for our the new bank.
In short, we are interested in discussing all important issues that are relevant to starting a new bank to serve the poor in Angola. To benefit most from our visit, we could organize our discussions following these aspects or any other way that you may consider appropriate:
Banco Nacional de Angola
E-mail : ferrari@ eboret.net
November 27, 1998
Teacher's Helping Hand
I have just finished reading "The Banker to the Poor". I am writing to you to offer you my encouragement & support. Like all the best ideas, that of Grameen Bank is very simple, but at the same time so radical and of such enormous impact.
I wonder whether you would tell me how to find out more about Grameen Shikkha? I am an English teacher here in the UK, and I wonder if there might be anything I can do to help in your educational program. I did four weeks voluntary work in Kenya, this summer. I helped to write & edit an English text book for students and a teacher's hand book to a women's group in Nairobi. I am looking for a longer term voluntary commitment abroad; hence I am wondering whether my skills may be of any relevance to any of your programs.
I would also like to donate a small sum to your work & would be pleased to receive information about how to do that.
I believe that the future for poor people lies in the ideology of Grameen, and I would as sure you that leaders , administrators & borrowers are frequently in my prayers.
Take heart, be strong! God bless you!
40 Poplar Avenue
November 28, 1998
We have a small association of women that has been running for several years. We taught these women applied technology to the point that they could take charge of themselves. We specifically taught them to make products that they could make in their houses and then sell (e.g. soap, fish oil, Soya milk, wine, liquid, soap, fruit juices, etc�). But they have not found it easy. The pillaging and wars continue to hamper their efforts. They are great entrepreneurs but because of their circumstance have not been about to go very far. The inflation problems here annoys them greatly. For the last two years we have been building up an informal cooperative bit by bit. Our objectives are to:
Your book has opened up new horizons and encouraged us to go further.
The war has destroyed our country, we will not stop in our efforts. Your experience will be very useful to us.
Kapaya ma Peya
Democratic Republic of Congo
December 15, 1998