Grameen Fund is dedicated to promoting, managing and financing various enterprises, which aim to create wealth for poverty alleviation in the country.
Grameen Fund’s main strategy lies in venture capital finance, especially in technology based ventures. It equally lays stress on providing collateral free fixed capital and working capital loans to the micro-enterprises run by those who are newly emerging out of poverty.
2005
2004
Total revenue
24.42
*22.00
Net profit before tax
3.92
0.17
Total assets
210.07
258.26
Equity investment
64.48
62.79
Loan investment (long-term)
35.08
71.50
Loan investment (short-term)
28.53
58.29
Long term liability
204.36
255.21
Number of equity financed projects (at year end)
12
13
Number of micro-enterprise loan projects (at year end)
695
846
Employees
25
27
* Previous year’s figure has been restated for recognition of new accounting policies during the year 2005.