Banking
Village Phones Print
The concept of Village Phone is an idea which caught people's imagination. Grameen Bank members have entered the age of information technology by leasing and purchasing cellular phones. The mobile phones not only create a new business opportunity for the poor, but also bring access to information, market, health and other services to the remote rural areas of Bangladesh. With Grameen Bank financing a Grameen Bank borrower buys a mobile phone to become the Telephone Lady of the village. She provides the telecommunication services to the village while earning profits for herself. By the end of 2004, there were more than ninetytwo thousand village phone ladies who have together taken loans amounting to Tk. 1,072.40 million.
The demand of the Village Phone services is increasing day by day. During the year nearly 50,000 new phones were distributed and connections were provided to as many cell
Image
Ambia talks to her husband, as their son listens in, on the Village Phone at the Bason Gazipur Branch in Dhaka Zone
 
PROGRESS OF VILLAGE PHONES UP TO DICEMBER,2004
Zone   No. of Branches   Village Phones Woned
by Bank Members

Narayanganj   69   9,091
Rajshahi   88   8,942
Bogra   104   8,464
Dhaka   78   7,724
Khulna   75   6,800
Noakhali   72   6,523
Mymensing   60   5,850
Comilla   69   5,285
Rangpur   77   4,876
Chittagong   76   4,726
Faridpur   75   4,517
Sylhet   58   4,294
Jamalpur   46   3,449
Dinajpur   64   3,228
Patuakhali   94   2,577
Tangail   67   2,352
Hobiganj   35   2,237
Nilphamari   43   1,738

Total   1250   92,673

 
 
   
   
Banker to the Poor   Banker to the Poor Banker to the Poor GF USA
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