In response to the need for increasing the flow of credit to marginalized farmers and rural folk in general, the Grameen Bank concept of lending to the poorest of the poor has been widely replicated in the country. The program has been viewed as as an alternative credit delivery mechanism which could address the increasing financial requirements of the small, less bankable or non bankable rural borrowers. The Grameen (village or rural in Bengali language) Bank Program was formally launched in June 1979 in Bangladesh.
This study is an evaluation of the efficiency and effectiveness of the Grameen Bank Replication on the Philippines.
