Support to Central Emergency Fund:
Grameen Bank maintains a Central Emergency Fund at the Head Office. Upon the death of any borrower, his/her nominated family member is given a grant for TK 500 to 2000 depending on the category of the member to meet the funeral cost of the deceased. The members who contributed towards creation of the fund are paid TK 2000. When in a particular year the income of the fund is not adequate to cover the grant, Grameen Kalyan makes up the shortfall.
Emergency Grant :
The members of Grameen Bank are provided with grants to manage devastating situation caused by natural disaster or calamity like flood, cyclone, tornado etc.
Household Loan for the Staff of GB :
Employees Household Loan Program was introduced in August 1997 to enable the employees to purchase essential household durables like TV, refrigerator, furniture, washing machine etc. as well as to purchase work aids like motorcycle to enhance their quality of life. |