The Anti-Monster Job Search - WPC Graduate Career Webinar

Today I attended the Anti-Monster Job Search Webinar by John Mccrudden.  It was a very well presented and informative webinar and John Mccrudden himself was very accessible during the entire presentation.  This is the first time I have participated in a webinar and very satisfied with the technology.  It is easy to access, and the ease of communication over the phone allowed me to ask questions and participate in discussion as if I were physically in the room. 

The material consisted of sensible job searching and networking techniques that perhaps eludes the common sense in many of us.  There was a discussion on the fallacy of depending on Monster.com for job searching, which is actually a fairly exploitative job search tool, with very few jobs compared to the entire job market and many more viewers than there are positions listed.  Instead of Monster, Mr. Mccrudden advises on using websites such as the US Department of Labor, NAICS, and Hoovers to research industries and jobs of interest to develop of list of employers that we would otherwise never know about.  Mr. Mccrudden also breifly covered some topics on Dynamic Networking which I believe is an invaluable skill that every graduate should have.  I highly recommend this webinar. 

Bogra District (August 18)

On August 18th, I partook in an overnight trip to Bogra, located in the Rajshahi Division in northern Bangladesh to survey and analyze three Grameen social businesses, Grameen Danon, Grameen Eye Care, and Grameen Livestock and Fisheries.  Bogra is an important commerce and trade center in Bangladesh with much activity from various development organizations.  Bogra also has historical significance as the ancient capital of Bengal and near the site of an archaeological excavation dating to the 3rd century BC. 

I was very impressed with Bogra once I arrived.  It appeared much cleaner and organized than Dhaka urban areas and with a more planned infrastructure.  Our accommodations reflected my first impressions, when we were placed in nice brick homes which were air-conditioned.  We were surrounded by Grameen sponsored fisheries.  It was an incredibly beautiful place and at night, the sky was filled with fire flies, adding to its mystic. 

The next day, we toured the three Grameen initiatives, beginning with Grameen Danone.  Grameen Donone is a social business formed in 2006, as a joint partnership between Grameen and Groupe Donone, a dairy products manufacturer, which Americans know as Dannon.  Grameen Donone's objective is to provide yogurt products to poverty stricken families at very low cost, in order to provide needed nutrients to the poor.  The facility we toured was high-tech, clean and very professionally operated.  There were plans to begin constructing a second plant with even greater capacity.  The facility was producing 4,000L of yogurt per day, with a capacity of 10,000L.  One of the main goals of the Grameen Donone was to increase education and marketing efforts to promote the products, which in turn could allow them to increase production to full capacity.  Due to increased commodity costs related to the economic recession, the prices of the products had to go up recently.  This drew some criticism as to the logic of planning a second facility when the first is running below capacity and no where near meeting goals to cover initial start up costs by 2012.  The idea, however, is still a great attempt to alleviate mal-nutrition in under-developed areas.

Grameen Eye Care was the next facility we visited.  This facility was absolutely amazing, offering eye care at extremely affordable prices.  The center was able to cover initial start up costs after two years of operation.  Much of the equipment had been donated by governments and NGO's, allowing them to trim on expenses.  This social business model of offering health care as demonstrated by Grameen eye-care is an ingenious idea and should be replicated in the United States.  I made a point to research the replication possibilities further upon completion of my internship.

The Yunus Center (August 16)

The first order of business on August 16 was to meet in the conference room and review our trip to the villages.  Most comments were focused on criticism of center and group procedures, such as with interest calculations, redundant or ineffectual aduiting, lack of MIS technology, and possible group member exploitation.  I strongly agreed with every point of criticism, and even though, in my opinion the net benefit of Grameen's initiatives are higher than its costs, these concerns should not be ignored.  After the meeting, I spent part of the day editing documents and working on SOP's to stream-line office procedures as requested by my supervisor. 

The second half of my day was spent in meetings.  First, I attended a presentation in the Yunus Center, which is a think tank dedicated to promoting academic research and offering support for Grameen initiatives and social businesses that offer sustainable solutions to address poverty around the world.  The presentation was made multi-national group of full-time paid interns.  It was a comprehensive presentation featuring projects in Italy, Germany, Spain, France, India, China and the U.S.  The Yunus Center is in partnership with many educational institutions and governments and publishes numerous development publications.

Grameen Knitwear

Grameen Knitwear is a venture located in a special area in Bangladesh called Export Processing Zone (EPZ).  All goods manufactured within this area are for export only and restricted for domestic consumption.  The gated area is well taken care of with high security, with the purpose of attracting foreign investment and domestic investment that conforms to the regulations imposed within the zone.  Employee's are paid a higher wage within the EPZ and provided with free health-care.  Working conditions are clearly much better within the EPZ compared to manufacturers outside its jurisdiction.  It is meant to provide an example and model for progress. 

Grameen Knitwear is a textiles manufacturer and manufactures clothing for many popular name brands across the globe, from the United States to Germany to the Middle East.  Grameen Knitwear produced about 36 thousand shirts per day with a 90-120 day turn around period.  The tour of the facility was quite amazing, with many of the tasks using manual labor.  Grameen has covered its initial capital investment since its inception in 1999.  Worker conditions are strictly monitored to ensure conformity with standards required of foreign companies operating in Bangladesh.

Patriots: The Men Who Started the American Revolution by A.J. Langguth

I just finished reading Patriots: The Men Who Started the American Revolution by A.J. Langguth.  It is a phenomenal book detailing the events that led to the Declaration of Independence and the Revolutionary war, along with a thorough narration of the events themselves.  This book is not a monotonous time-line of events, but more a colorful story about those who played a role in the founding of the United States.  A.J. Langguth delves in the personal lives of the American Revolutionaries and their antagonists, and narrates very intimate incidences that unfolded between them. 

For anyone interested in American history, this book provides a fascinating perspective that should not be missed.  After reading Patriots, I've developed a fascination for figures such as Benjamin Franklin, who was a man very much ahead of his time, and Abigail Adams, the wife of John Adams, an important and often unacknowledged revolutionary, who's foresight extended beyond many of her fellow male patriots.

Shorshodi Village Day 5 (August 12)

Thursday, August 12th, was my last day in Shorshodi.  We conducted a center meeting, helped with loan disbursements and had a last summary meeting before we had to head back to Dhaka.  Luckily, we also had the opportunity to interview a struggling member.  Struggling members are those individuals who are in extreme poverty and beg to survive.  These individuals are allowed to borrow up to 5K Taka to help basic needs or to establish a trade to lift themselves up from their condition.  Struggling member loans are not obligated to pay back the loan, but are encouraged to do so, in order to become a full member with extended benefits. 

Razia Khutum was a 50 year old widow with two sons.  She has had to resort to begging time to time in order to make ends meet.  Recently, she has taken out a 2K Taka loan to help finance a basket weaving business.  She showed us her goods, but confessed she has trouble marketing her products, and is 5 weeks late on her installment.  Much of the loan she had taken out had gone to buying food instead of her business.  Unfortunately, Grameen had not given her any counsel or financial advice with regards to loan she had taken, as they claim to.  Although the struggling members loan program is noble one and has had many successes among those who are suffering from extreme poverty,  it is a losing venture for Grameen Bank, and understandably so, due to the lack of attention given to those members. 

We went over some last minute topics and questions with the managers before we started back for Dhaka.  It was an exciting and informative week and I made many great new friends in Shorshodi.  My experience working at the branch level opened my eyes to the inner-workings of Grameen micro-credit.  Grameen had accomplished much in Shorshodi Village, and helped spur development by supporting closet entrepreneurs.  I had also seen enough to develop strong criticisms with some operational practices. 

Shorshodi Village Day 4 (August 11)

Wednesday, August 11th, we were to shadow a center manager for part of the day, conduct loan utilization analysis on randomly selected members, interview a struggling member, and finally travel to the Area office for a tour.  The group was a little late to start, so we had to meet the manager at the center after breakfast.  It was a usual meeting, but with a much more communicative and inquisitive crowd.  After listening to new loan proposals and collecting installments, we proceeded to the next center meeting about half a mile away.  At the next center meeting we performed our usual tasks, except the group of ladies at this particular center was even more inquisitive than the last.  They asked us many questions about where we come from and the purpose of our internship.  They were very interested to know what kind of crops are grown in our respective countries. 

After our second meeting, we took a break and spent some time talking with the locals.  We then headed back to the branch office to begin loan utilization audits.  Each center manager must perform several loan utilization audits per day, which is essentially auditing the financial statements of members with outstanding loans.  Several members were randomly selected and set off to their homes to inquire about their business operations.  This task, I felt, was a complete waste of time.  Rather, the method used by the center manager was ineffective and accomplished absolutely nothing.  We essentially asked the member how things were going, and received the typical everything is going well response, inspected the assets and went off the next audit after a quick glance at their bank book.  I suspect that center managers are performing these audits out of formality, without following prescribed methods they were trained with.

On the way back to the office, we had a chance to observe a school run by BRAC International, which is a development NGO based in Bangladesh.  The kids well behaved and the teacher were energetic and appeared very passionate.  They sang a song for us in Bengali before we left.

Bandarban - Chittagong Hill Tracts

During a weekend of my time in Bangladesh, I took a trip with my family to Bandarban in the Chittagong Hill Tracts.  The Hill Tracts are near the border of Myanmar and India and represent the highest elevation in the country.  About half the population of the Hill Tracts are of tribal peoples that practice Buddhism in this primarily Muslim country.  This trip was of particular interest to me, since my mother had spent her childhood and attended college in the Chittagong Hill Tracts.

Bandarban is unquestionably, one of the most beautiful places I have ever seen.  Its dense forests and numerous rivers that can been seen with bird-eye view while driving up the tracts and is simply awesome.  There seems to be little pollution in the tracts and the air is crisp and much cooler than in the lower elevation.  Life is simple in this part of the country, with simply made houses and almost no infrastructure.  Sometimes, you can see monkey's sitting up in the tree's who co-exist with the locals.  I would loved to have spent several days in Bandarban, but unfortunately could only spare one day.  It was definitely one of the most memorable experiences of my trip here.

Shorshodi Village Day 3 (August 10)

On Tuesday, August 10, we would conduct another center meeting in a different part of the village and meet with an student loan recipient.  We would also travel to another nearby village to survey the progress of an enterprise-loan recipient.  An enterprise loan is a loan of 20K or more, which is intended for a large scale business initiative.  Luckily the weather cooled down significantly over-night, and was much more comfortable.  I hoped the cooler temperature would remain for the remainder of the trip, as the night before was miserably hot. 

After conducting the center meeting, we arrived at the home of Joshu Udin, a 20 year old university student.  He had received a 100K Taka student loan through Grameen Bank two years ago, to be dispersed over a four year period.  The loan is under his mother, who has been a member for 15 years.  Joshu, who was studying management, aspired to work in Civil Service upon completion of his education.  Both Joshu and his mother claim that his efforts would have been impossible without the loans offered by Grameen, which have helped Joshu's mother establish a business and for Joshu to receive a student loan.  They claimed that, since they have very few assets, receiving any kind of loan from a traditional bank would have been unlikely.  Joshu was an incredibly articulate and ambitious, and we wished him the best of luck.

Next, we walked about a mile into another village which was much more remote than Shorshodi.  We were to survey the progress of an enterprise loan recipient, who received a loan of 100K Taka to establish a poultry farm and fishery.  When we arrived, unfortunately, the member was away on business, but his brother had escorted us to the farms for inspection.  The fishery was located in the rear of his home while the poultry farm was next door.  The fishery consisted of a pond which was about a quarter of an acre with nets neatly constructed at certain areas.  The poultry farm consisted of several very large cages, which were still being constructed.  It was quite amazing to see what can be accomplished with such a relatively small amount.  The loan recipient had been a member for 5 years and was able to establish many successful businesses over the years. 

We returned to Branch for loan disbursements and concluded the day.  It was an engaging and tiring day, so we spent the rest of the evening exploring the markets and relaxing at a tea shop near our branch. 

Shorshodi Village Day 2 (August 9th)

On Monday, August 9th, our day began at 8am.  We gathered in the Branch office and discussed the agenda for the day.  We were to attend a Center meeting nearby to help conduct the days meeting and installment collections.  We would then have the opportunity to interview an old Grameen member/borrower and a new Grameen member/non-borrower.  After the interviews, we would regroup at the branch office and observe the loan disbursements procedures. 

We walked to the center meeting, which was about half a mile from the branch down a narrow dirt road.  The environment was stunning, with rice fields in every direction.  Everything was bright green and appeared to glow.  There was very little pollution and trash which was a common sight in the urban area's.  Beggars were not as common either, as most of the villagers were subsistence farmers and shop owners.  It began to rain as we walked, but luckily made it to the Center before it started pouring. 

After we helped conduct the meeting and loan collections, we visited the home of 37 year old Monima, who had been member since 1990 and had a current outstanding loan of 15K Taka, which is equivalent to about $200.  With this loan, she was supporting her sons education and expansion of her rice fields and vegetable gardens, which she sales the surplus of in the market.  She had taken several other loans in the past to help buy land and home.  She explained that her situation was disparate prior to joining Grameen, since her husband had died and was left to support herself and her two children.  When asked if she had an complaints about Grameen Bank, she acknowledged that at times there was tension and confrontation between group members with regards to new loans and ability to make installment payments. 

Next, we went to the home of 27 year old Rashida, who had just become a member two weeks earlier.  She intended to take out a loan to open up a grocery shop.  Her husband is an expatriate worker in Dubai, and although she is not in financial hardship, she had decided to become an entrepreneur to help support the family, which includes her two sons. 

Once the rain had stopped, we began heading back to the branch office.  I had noticed that much of the village was without electricity.  When I inquired about this, I was told that the government did not currently have any plans to extend the power grid to cover this part of the village.  Instead, Grameen is planning to begin a solar panel initiative to bring power to homes, through an affiliated organization called Grameen Shakti (power).  When we returned to the branch, we observed the loan disbursement process.  All new loans approved at the center meetings are centrally disbursed at the main branch office and must be approved by the branch manager.  All accounting transactions were recorded by hand in a ledger, which is inputted into a central computer by agents of the Area office.  Due to the constant black-outs, a computerised system would not work well in many village areas.

Cox's Bazaar

On the weekend prior to beginning my internship, I visited the beach resort town of Cox's Bazaar which is located along the Bay of Bengal on the south east of Bangladesh. It is also a fishing port and claims to have the longest unbroken natural sandy beach in the world at a 125km. The town was named after an officer of the British East India Company, named Captain Hiram Cox in the 18th century CE. Apparently, he was known for being a compassionate humanitarian who led successful rehabilitation programs in the area. Upon his death at the turn of the century, the locals named the town after him in honor of his work. Today, Cox's Bazaar is major vacation destination for Bangladeshi's.

The trip took about 12 grueling hours from Dhaka, by mini-van. The ride reminded me of the Indiana Jones ride at Disneyland, and the comparison is not too much of an exaggeration. Once there, however, I was pleased to find a charming beach town, similar to towns in Dhaka, but much less populated. There were fish markets everywhere selling all kinds of fish I had never seen before. There were also some beautiful Catholic churches. The white sandy beaches, however, is what captured my senses. The sand was powder soft and seemed endless in each direction. The water was warm to the touch and the waves rough, but in a playful kind of way. There were also vendor's selling all kinds of products and services on the beach as well, such coconuts, shell jewelry, horse rides, jet ski's, and even children offering to sing songs for a few taka. Bangladesh is relatively conservative society, so bathing suits are not a common sight, most people being at least in shorts and a shirt, even in the water. The locals claim that the sunsets in Bangladesh are like no other in the world. And after watching the sun set over the Indian Ocean for the first time, its difficult to disagree.

Fall Recruiter Round-up Education Job Fair - ASU

Today I attended an education job fair held by ASU Career Services at the Student Recreation Complex.  I've been considering teaching as a possible career option upon graduating, at least temporarily.  Teaching is a noble profession and I have always held teachers in high regard, in fact I even ended up marrying one.  Despite the low salaries,  I would like to dedicate at least some of my work years to teaching children. 

The education job fair at ASU was attended by many districts accross Arizona and at least one district from California.  Unfortunately, there were not many positions suitable for me, since I do not have any teaching experience and I am not certified.  Luckily, however, the Arizona Department of Educaiton was also present and very helpful with informing interested candidates with teaching crediential requirments.  The Peace Corp also had a booth and seems like a dynamic organziation with some exciting opportunities.  Unfortunately, the one organization I was really looking forward to meeting with, Teach for America, was not present at this job fair.  I have heard many good things about thier training programs for those interested in starting a career in education and do not have prior teaching experience or a degree in education.  Despite this,  the job fair was still an educational experience and I was able to network with many helpful indivudals.

Shorshodi Village Day 1 (August 8)

On Sunday, August 8th, I began my journey to the village of Shorshodi, located in the Feni District, which is a small district in south eastern Bangladesh.  Feni is very near the Indian border to the east and the Bay of Bengal to the south.  All the interns were broken down into groups of four, with three interns and one interpreter, and sent to separate villages through the region, as I had mentioned in a previous blog. 
The journey took about six hours by mini-van, with amazing views of the country.  We reached our destination around 3pm, just as most of the employee's at Grameen Shorshodi were wrapping up their day.  We lodged on the second floor of the villages Grameen center building, which was a modest two story building.  The first floor of the building was used for banking business, while the second floor was reserved for interns and the staff for lodging.  I immediately noticed there there was no air conditioning and electricity in this village was available for only a few hours per day.  Keep in mind that the temperature at the time was around 105 degree's with about 90 percent humidity.  There were also mosquito's everywhere, but luckily we were provided with mosquito nets.

After we arrived, we were given a chance to unpack and wash up before having a look around the village.  The villagers were obviously very curious and inquisitive, especially with my co-intern from El Salvador.  Being ethnically Bangladeshi myself, I suppose I was less interesting to the locals.  I was, however, a source of amusement due to my broken Bangla spoken with an American accent.  We also played soccer with some of the local children before having dinner.  At dinner we had a chance to meet with the Branch manager, along with three of the Center managers who service the branch and the messenger.  They were all very kind and hospitable and briefed us on what to expect for the rest of the week.  On Monday, we would travel to one of the nearby centers to partake in a group meeting.  We would also have the opportunity to review loan proposals and interview several Grameen members.  It was a great day, and I looked forward to the rest of the week.

Thanksgiving

So my family decided to change things up this year.   Instead of baking our turkey, as we have done every year in the past, we deep fried our bird this year, and I was pretty satisfied with the results.  As a matter fact, I think I'm sold on deep frying every year from now on.  Besides tasting better, in my opinion, it only takes an hour to cook.  The only draw-back on this method is the amount of oil needed to cook a turkey, which makes it a little more costly, and obviously less healthy. 

Thanksgiving is one of my more favorite holidays.  It brings my entire family together and I love the food.  I think preparing a Thanksgiving meal is as enjoyable as eating it.  Hope everyone else had a great Thanksgiving as well.

Grameen Bank's Mission and Products

Grameen Bank claims to be different from conventional banks in that it provides loans to the poor, who are otherwise seen as not credit-worthy.  It is believed that those who are poverty stricken around the world have vast untapped potentional for innovation and productivity if only given the resources to work.  And this entrepreneurship can lift a person, family and society up from poverty and into a self-sufficient, productive work-force.  Additionally, Grameen promotes establishing women as the financial hub of society.  According to Grameen, women have been proven to be the more responsible members of society and, therefore, a greater tool for development.  The following are quick notes of Grameen's products and conditions.

 -95% borrower owned ; 5% government

-all involved members based on need/incentive

-Loans are usually 1yr term loans

Grameen Products:

I: Basic Loan

-10K to 15K taka per new borrower

-granted for any activity that generates income

-interest rate: 20% on a declining basis

equivilent to 10% if installments are paid on time – weekly payment installment

a. Micro-Enterprise Loan: up to 300K taka (after 3 years of membership )

II: Flexible Loan

-granted while in probation for non payment: flexible to basic

-cannot borrow more until flexible loan is paid.

III: Housing Loan

-granted upon 3yrs of successful basic loan

-interest rate: 8% on declining basis

IV: Higher Education Loan

-granted to children of borrowers

-after 12^th grade

-interest rate: 5%: no interest during current enrollment plus one year after/ monthly payment plan.

V: Struggling Member Loan:

-social objective over income generation

-up to 5K taka with no interest charge

Saving Products

-claims to have higher interest than other bd banks

-savings are from borrowers and non-borrowers

I: Personal Savings

-Open to all nationals; Deposit and withdrawl at anytime

-8.5 % interest

-every borrower has savings (with a min of 10 to 20 taka deposit weekly required)

II: Grameen Pension Scheme

-Borrower and employee / monthly deposit

-5yr scheme (at 10% interest)

-10yr scheme (at 12% interest)

Less than one year (no interest); <3yr (8% interst); 3-5yrs(10% interest)

Compounded interest (this appears to be a loosing venture for the bank)

III: Fixed Deposit

-open to all

-1yr scheme (8.75% interst)

-2yr scheme (9.25% interest)

-3yr scheme (9.5% interest)

IV: Double in 7yr

-open to all

-10.4% interst or double in 7 yrs

V: Monthly Profit Scheme

-open

-fixed

-1000K taka will receive 850 taka profit

VI: Loan Insurance Savings

-Deposit, with no interest paid

-purpose: w/3% from loan amount and additional 3% for husband, if death occurs, 100% of loan is paid by fund.

Defaulted Loans:

-written off loans go to memorandum by provision with collection attempt : half to provision / half to income

Provision: after 10 weeks of non payment, 100% provision

 

Day 5: One Week Review (August 5)

We were given a free day on Thursday, which is the end of the work week in Bangladesh, to reflect on the week, prepare for the upcoming Village excursion and to conduct independent research using the Grameen library.  The first week of my internship with Grameen Bank was very exciting, informative and eye-opening.  I had decided to focus my internship on the Grameen social businesses and to critically analyzing Grameen Center operations and replication projects. 

Here is an outline of the structure of Grameen Bank.  In the following posts, I will present Loan products and restrictions along with some other relevant background information.

Grameen Corporate Structure

Supervisory :

I: Head Office

a. 13 departments

b. 40 Zonal Office

1. 268 Area Offices (or 8-10 Area Offices per Zone)

Operations:

II: Branch Office (2564 branches) or 8-10 branches per Area

a. Center Office (60-70 Centers per Branch)

III: Center

-Center leader: elected by group chairman and must approve loans before disbursement.

a. Group Basis Lending

-8-10 groups per Center

**Classical System (1976 – 2000)

-5 people per group

-Group Chairman and Group Secretary (elected yearly)

-3 general members

**Current System (2000 – current)

-6-7 people (max 10) per group

Day 4: Prepare for Village (Gram) Excursion (August 4)

On August 4th, I spent the morning finishing up the basic information session started at the beginning of the week with some more office introduction, all of which were repitative of earlier topics. We were told that the following week we would be going on a week long excursion into an under-developed village, the exact location and details of the trip would be discussed during a meeting after lunch.  I was excited about the opportunity but a little apprehensive as well.  I had lunch with a few of my co-interns at a nearby diner with some very tasty food and amazing Lassi, which is a yogurt based drink with rose water.

After lunch we were briefed on the excursion.  We would depart Dhaka on Sunday morning to a village called ShorShodi located in the district of Comilla.  The trip was to last the entire week, returning on Thursday evening.  This excursion was intended to provide an in depth, hands-on observation of Grameen Bank's bottom line operations.  I was grouped with two other interns, David from France and Hamza who attends Emory University in the United States.  During the trip, we would be under the care of the Manager of the Grameen Bank Center of ShorShodi who was responsible for educating and training us on Center operations and assigning us to various tasks throughout the week.  We were also assigned to formulate surveys and interview questions which was relevant to our research interests. 

Day 3: Grameen Center Day Trip (August 3)

On this day I attended a day trip to a Grameen Center at a nearby village on the outskirts of Dhaka.  The trip took about two hours with some amazing scenic views of the country side.  After being briefed on procedures and formalities, my group was given the privilege of helping conduct the days meeting.  Every meeting is started with a ritualistic greeting. There is a four point salutation method to initiate a meeting, where the group chief asks for permission to begin the meeting, the center leader approves, a salutation is made and permission granted to sit down and begin. Thereafter, each group is summoned to deposit the weeks installment payment, new applications are considered, and other banking and business affairs conducted.  I aided in collecting payments and reviewed new loan proposals.

After loan payments were collected and recorded, my team was given the opportunity to group interview the bank members.  Most questions were regarding the economic and social conditions of the members.  All member claimed to have been under extreme poverty before receiving micro-loans from Grameen, which were used to start businesses.  Almost all the loan recipients we observed were women.  We also visited several borrowers homes, all of which were very simple but hospitable. After the interview session, we proceeded to a Branch office for observation.  Each branch is responsible for seven to ten centers like the one in the picture above.

Day 2: Grameen 101 (August 2)

We began at 10:30am on Monday, August 2nd, and proceeded from the previous days discussion on Grameen products.  Most of the day was spent in class going over Grameen's structure, products, procedures and policies.  On the next day, a day trip to a near-by grameen center was scheduled.  I looked forward to this get-away after spending the first two days in meetings and class rooms.  After lunch, we assembled in the main conference room to go over what to expect for the day trip.  This was trip was to be just a general tour and observation of one of the more urban Grameen bank centers, to illustrate what we had learned so far. 

I spent some time walking down Mirpur Road after being dismissed, to people watch and to just take in the scene.  The road was lined with small dilapidated shops and high-rise shopping malls mixed with some new modern buildings being constructed for medical facilities and corporate headquarters.  An endless sight of garbage and waste was also ever present along with an uncontrolled sewer system that over-flows into the street every time it rains.  All this combined with the seemingly endless stream of poverty stricken beggars established the grim reality of this country.  I suppose if public facilities and means for income are scarce or not existent, this outcome is simply unavoidable.  Trash bins and toilets appear to be unaffordable luxuries. 

 

Day 1: Orientation (August 1)

At 9:00am I make for Grameen Bank’s headquarters located in Mirpur, a sub-district of Dhaka.  I am scheduled to begin orientation at 10:30am along with the other interns.  I was told earlier I would be working in a group of about twenty other interns from around the world.  Although Mirpur is only about 5 kilometers from my apartment in Gulshan, the traffic situation is so bad here that it is not uncommon for it take 1-2 hours to travel that distance, so I decided to start a bit early.

The Grameen Bank Headquarters is 20 story building right in the middle of a busy commercial area of Mipur.  I arrive at 10:00am and make my way to the 8^th floor of the building which where the International Programs division is located.  There I meet with a group of about twenty to thirty other students who are all waiting to begin orientation.  There were students representing almost every continent of the world.  In my group alone there were interns from Bolivia, Turkey, El Salvador, China, Singapore, Japan, Austria, Germany, France, Italy, Spain, India, England, Australia, Kenya, and of course the United States.  There were a handful of American students from various universities across the country, such as NYU, Columbia, University of Michigan, University of Chicago and ASU of course.  It was exciting to see so much diversity and I looked forward to all the different perspectives. 

After a couple of hours of introductions and informal discussions, we were seated in a conference room and requested to fill out several forms and to write an introduction about ourselves and our desired objectives with Grameen.  We were then escorted to an adjoining conference room, where we watched a short presentation on the History of Grameen Bank.  Following this presentation, we were welcomed by the entire program management team and briefed on rules, regulations, and expectations.  Considerable time was also devoted to safety concerns and advice with regards to living in Dhaka during the duration of the internship.

My first day was an interesting one, filled with hours of meetings and presentations.  The most enriching part of the orientation was the opportunity to befriend a group of people from so many different cultures and to share thoughts on a common interest of public service and development.   On the next morning, all the interns would be broken into smaller groups and introduced to an internship coordinator, who would be responsible for mentoring, educating, and assigning projects and tasks.  A general schedule for the next eight weeks would also be presented.  We were all given several introductory books and pamphlets to read during the week at the conclusion of the orientation.

Quick Update

During the last week I had been traveling to areas in Bangladesh without online connectivity, and therefore, have not been able to post any blogs or respond to comments, which I apologize for.

My internship had officially ended on September 29 and I have departed Bangladesh for Hong Kong, where I will be touring the area over the next week.

Since day one of my Internship with Grameen Bank, I have written detailed journal entries of my daily observations, field work, notes, interviews, surveys, and critical analysis.  I will begin posting these entries this week starting with the week of August 1rst through my last week of September 27, which will cover my entire 300 hours of service.  I look forward to any feedback regarding my work. 

Regards,

Wasim

Introduction

This is a blog about my internship with Grameen Bank, a Nobel Peace prize winning development organization, located in Dhaka, Bangladesh.   My internship is scheduled between August 1 to September 29, and I look forward to detailing my experiences with Grameen and its affiliated organizations, along with my experiences exploring the country of Bangladesh.    

Grameen Bank focuses on providing collateral free micro-credit loans to the extreme poor as a method of eradicating poverty and promoting economic and social development.  Furthermore, Grameen has also established several social businesses and development oriented non-profit organizations.  These social businesses and organizations aim to reinvent capitalism and contemporary economic theory towards a sustainable global economic system that is inclusive of the marginalized poor and free of poverty.

Bangladesh is a small country located in south Asia surrounded by India, except for a small border with Myanmar to the south-east and the Bay of Bengal to the South.  A relatively new country, Bangladesh won its independence in 1971 after a brutal civil war with West Pakistan.  Since then, Bangladesh has been mired with famine, natural disasters, political instability, social inequities, and extreme poverty.  Today, Bangladesh is a developing country and remains one of the world’s poorest.   Dhaka is the capital of Bangladesh with a population of 15 million, and is among one of the largest and most dense urban areas on the earth.