in additional files you can see my 3 questions i already finished them, please check the grammar, word choice, sentence structure, word and sentence connections, all those for me please

thanks!

1. Banco Compartamos is a commercial microfinance institution rather than a village bank. Explain by comparing Compartamos with Grameen Bank.

    The legal form of Grameen bank is for profit and the Banco is NGO –SOFOL-IPO. For the social mission, the Grameen Bank is bring baking service to impoverished people ofBangladesh; and the Banco is bring baking services to impoverished people of Mexico. The clients of Grameen bank are women and beggars (the poorest of poor), and the Banco almost did the same: women, rural and poor. The Grammen bank provided microloans, microcredit and insurance (health life) services. And the Banco provided their services to women, merchant; they helped people to grow their business, provide home improvement credit life insurance savings. The most interesting part for Grameen Bank is no collateral. If you want to get the loan, the collateral is not requirement. Also, there is no legal document to compel repayment. In the Grameen bank , the lending strategy is social pressure within groups(5 team members), they all have the same background or same experience; For the Banco, they did direct loans with high interest rates (200%). And they prefer loan to the individual and groups. The people who works at Grammen Bank and Bacon as bank works, they have to take two years university; and the bank managers should be master degree or some degree of independence. Meanwhile, as the banks worker, they need go out to village to talk with their customers. Lastly, the financial sustainability of Grameen bank and Banco. For the Grameen bank, it’s very sustainability. Because they could get 98% loans repaid, even the borrowers are poor, but they have good credit. They never forgive loans and 100% owned by borrowers. For the Banco, it’s also sustainability. The main reason is their customers are higher income people.

     So far, the model of the Grameen bank has replicated in many countries, and owned by the people. For example, In China, the government encouraged “the Grameen bank model” replicated in the poor village. Also, the enterprise of“the Grameen Bank China”had great successful practice. For the Banco, it’s operate around Latin America, and owned by shareholders.

2. Explain the evolution of the business model used by Compartamos, including how it was and now is capitalized.

    The banco did many changes of business model. At first, they did food assistant and health concerns. But later, the owner wants to expand their business, so with the help of ACCION international, this bank changed their model from NGO to SOFOL. At first, the banco is not for earn money, but after they became SOFOL, they changed their mission, and started for profit. And now, the banco is a typical representative of commercial bank (have savings), and the legal form is for-profit. Well after they were a commercial bank they became an IPO.

3. Are the lending practices of Compartamos “pro-poor” by industry standards? How did the IPO impact Compartamos as a lender?

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Status NEW Posted 12 Aug 2017 05:08 PM My Price 10.00

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