We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Businesses Contributing to Living Conditions in an Asian Community - Essay Example

Comments (0) Cite this document
Can you find examples of businesses contributing to living conditions in an Asian community? The Grameen Bank is a model example of an enterprise which contributes to the improvement of living conditions in the Asian community. Picture Bangladesh, as monsoon approaches; Joshua Begum, a woman in rural Bangladesh, was not worried about the damage that the weather would cause…
Download full paperFile format: .doc, available for editing
Polish This Essay97.7% of users find it useful
Businesses Contributing to Living Conditions in an Asian Community
Read TextPreview

Extract of sample
"Businesses Contributing to Living Conditions in an Asian Community"

Download file to see previous pages She wasn’t the only one; there were a large number of individuals living in rural Bangladesh who had managed to bring significant improvements in their living condition with the aid of the microfinance program that was implemented by Grameen Bank. It was because of the Grameen Bank that thousands of poor Bangladeshi women were able to change their lives through the loans extended to them by Grameen Bank and initiate their own enterprises. The contribution of Grameen Bank was so significant that by the year 2003, it had over a 1000 branches all over Bangladesh, and it was reported that the bank had managed to aid about 48% of its borrowers to be able to move above the poverty line (Sarker, 2001). The model of the Grameen Bank due to its success in Bangladesh was replicated in other developing Asian countries. These comprised of countries like India, Pakistan and Vietnam where similar schemes were established in order to improve the living conditions and opportunities for the urban poor individuals. The aspect of providing small loans to the deprived can be considered as an economic intervention; however the Grameen Bank loan initiates a profound transformation in the lives of numerous individuals which are a part of its members. The poor women redouble their efforts to be able to bring about positive changes to their existing lives and their economic condition advances. The aspects with which this business touches the lives of the Asian community is the way in which it encompasses the popular issues of poor countries, such as education, eating healthy, consumption of clean water and the environmental issues (Shepard, 2003). Housing and Education Grameen Bank has worked extensively in endorsing its members by focusing specifically in the aspect of housing and education. They recognized quiet early that the poor families in these Asian communities were vulnerable mostly due to the fact that their houses were constructed out of poor and weak materials. This is when they started providing loans specifically for housing in the year 1984. Ever since then GB has aided individuals through housing loans for the construction of over 630,000 houses. They have focused in covering the costs associated with basic but durable building supplies as well as sanitary latrines, for its borrowers. How it contributes to a resource for the improvement of their standard of living is mostly because these homes serve not just as a place to reside in but also as a workplace for these individuals; So when the houses are stronger and better able to withstand the heavy rainstorms it helps these individuals resist the weather from destroying their livelihoods, which in turn has a positive impact on their health and families (Wijnbergen, 2012). Another aspect that the GB touches as far as the improvement of the Asian community is concerned is by supporting education of the families that constitute to that of its members. It was in the year 2000 that GB initiated education loans specifically for higher education of the children of its borrowers. These loans worked on certain conditions and came into play after students reached a tertiary standard of education and were then in need of loans to receive higher education. These loans were very helpful in the way they covered tuition, maintenance costs, and all kinds of other expenses. By February ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Businesses Contributing to Living Conditions in an Asian Community Essay”, n.d.)
Businesses Contributing to Living Conditions in an Asian Community Essay. Retrieved from https://studentshare.org/management/1450243-asian-management
(Businesses Contributing to Living Conditions in an Asian Community Essay)
Businesses Contributing to Living Conditions in an Asian Community Essay. https://studentshare.org/management/1450243-asian-management.
“Businesses Contributing to Living Conditions in an Asian Community Essay”, n.d. https://studentshare.org/management/1450243-asian-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Asian American immigrants and Small Scale Businesses
Asian American immigrants and Small Scale Businesses Immigration is a controversial subject all over the world. There are many benefits and drawbacks associated with immigration. In 1980’s and 1990’s, America witnessed tremendous growth of small scale industries, mainly because of the contributions of the Asian immigrants.
2 Pages(500 words)Essay
The History of the Asian community in Britain
The recent decades have seen researchers, academicians, and scholars developing enthusiasm in the study of the history of the Asian community. Simply put, history explains the trends in the evolution of an entity since its inception and up to the point of its review.
8 Pages(2000 words)Essay
Living in the Global Community What then shall we do
These are very grave problems that need to be solved in an amiable way and quickly as well. What is required now is a vision to set things right and that too with minimal help from the leaders of this world. The community that is spread all over the world has to start thinking seriously what it has to do, and then go about doing the same.
8 Pages(2000 words)Essay
Long Term Conditions: A Case Study of a Patient Living With Type 2 Diabetes Mellitus
This essay focuses on the Diabetes Mellitus, that is referred to as non-insulin-dependent diabetes and is more or less considered as an adult condition though research carried out so far indicates that the condition is not only affecting adults but also the youths of which to a larger extent inherited from the diabetic family lineage.
10 Pages(2500 words)Essay
East Asian Community
These two organizations served as compliment to globalization rather than contradictory to it. Asian nations, particularly the East Asian economies are not exempted from the trend of regionalism. East Asian economic powers are also opting for an East Asian Community.
7 Pages(1750 words)Essay
Asian Financial Crises 1997
Situation has now returned to normalcy with upward movements in per capita GDP growth rates and the general investment climate in these nations. The crisis mainly affected Indonesia, Malaysis, Thailand, Korea, Philippines, Singapore and Korea. As the crises continued unabated from one country to another for quite a while, a debate started on the efficacy of globalization itself.
11 Pages(2750 words)Essay
Bradford Riots
From the dissertation, it is clear that the approach of Bradford police towards the riots is studied by understanding the Bradford community and the roles the two major communities, the majority white and the minority Asian Muslims of Pakistani and Bangladeshi origin, have to play.
61 Pages(15250 words)Dissertation
The East Asian Community: farce or reality
The summit seems to be growing a sense of regionalism in East Asia. However, the apprehension expressed in some quarters about the fate of such a 'community', may actually be well founded. In retrospect, one would consider the fate of the Asian Monetary Fund, raised by Japan and others in the region some times back.
4 Pages(1000 words)Essay
Political risk and living conditions in argentina
The lifestyle of the average Argentinean is relatively high, and there should be a good market for many of the products in the wine-cooler industry. The government of Argentina is a constitutional democracy, and a republic (World Factbook). It has a long history of
2 Pages(500 words)Essay
Living Conditions in Kenya
In explaining the living conditions in Kenya, this paper uses the social justice theory, and the ethics of virtue theory. The ethics of virtue theory lays an emphasis on the role of an individual’s character, for purposes of evaluating and analyzing the ethical
7 Pages(1750 words)Essay
Let us find you another Essay on topic Businesses Contributing to Living Conditions in an Asian Community for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us