Several ways of forming groups in micro-finance activities

Bandhan Bank Microfinance The Bandhan Bank was established to provide micro-finance to the self-help groups consisting of women only. Here are a few microfinance strategies meant for Bandhan Bank to accelerate their cause- Bull Whip Model– In this method of 1-2-1-2, only one person who has been successful in the micro-finance lending, will guide two more persons under him. These two men then guide one person. Co-operative Model- In this method of 5-5-5, a group of 5 persons will act as a team liable for any failure. This is in the case of farming or allied activities. The loans are…