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David Roodman's Microfinance Open Book Blog

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David Roodman's Microfinance Open Book Blog

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Quick: What's the Grameen Bank's Interest Rate?

9/24/10
David Roodman

Something I've been fuzzy on is what interest rate the Grameen Bank charges. Seems like the sort of thing an aspiring microfinance expert should know.

Fortunately, the Grameen Bank is the world's best-documented microcreditor. One can, for example, quickly learn from the Bank's website that the rate is 16 percent.

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Kudos for Kiva

12/10/09
David Roodman

I just noticed that Kiva has revamped its individual loan pages. Here's a screen shot of a loan page from March 2007 that I dug up (thank you nau.com), for a loan to Galib Asadov, a hairdresser in Azerbaijan:

Kiva old-style loan page

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