Micro-Finance in Bangladesh Essay Example | Topics and Well Written Essays - 500 words - 12

Micro-Finance in Bangladesh - Essay Example Project governance consists of a number of activities such as those related to corporate decision making and organizational structures. Â  Bangladesh is classified as a Least Developed Country by the United Nations Organization. With a population of roughly 125 million, i.e. more than twice the population of Britain, it’s lacking in almost every conceivable resource for human consumption. The Grameen Bank has initiated a housing loan scheme among others for the poorer segments of Bangladeshis so that they would borrow even if they are unable to show collateral. Those pavement dwellers and squatters on government properties have partially benefited from this scheme. They are the first group of external stakeholders, while those contractors are also considered as external stakeholders of the project. However, employees and managers on sites are regarded as internal stakeholders (Cadle and Yeates, 2007). The government of Bangladesh and the international community such as INGOs, the World Bank, the UNICEF and the IMF are also involved in these projects as providers of auxiliary services such as safe drinking wat er, schools, hospitals and so on. The following stakeholder map illustrates how various stakeholders of a similar project would be brought under a single map for the analysis of links within and without the project. While the physical dimension of the project might be limited to its primary housing project, its real impact would be felt far beyond the far corners of the country itself. Â  While this sheet does not provide a detailed management structure for every stakeholder group involved in the project, it adequately illustrates how each relevant stakeholder group is managed through the project governance process (Carroll, 2006). Stakeholders might have different levels of interest in a project depending on the level of impact on them.