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A Case Study on the Joint Relief Scheme, a Life Micro-Insurance Scheme Promoted by the Madhyamanchal Grameen Bikas Bank in Nepal
Abstract:
The main purpose of this case study is to document experiences in micro-insurance. The Centre for Micro Finance (CMF), in collaboration with ILO/STEP1, has documented two cases in Nepal. This case study on a life micro-insurance scheme is one of them. This case-study has been conducted in 2001, as part of a series of case-studies on micro-insurance in life, health and livestock published by the ILO/STEP programme in Nepal. This version is updated in December 2003 in order to document the expansion of the Joint Relief Scheme and the benefits received by the members of scheme over the years. #MicroInsurance
Publisher: ILO-SIEP Type / Script:
Progress Report  in  English
Keywords:
 LIFE INSURANCE, BANKS, BANKING SYSTEMS, TECHNICAL ASSISTANCE, FUNDS, DECISION-MAKING, FINANCING, ADMINISTRATION, MANAGEMENT, CREDIT
Thematic Group:
ILO, (2004)
Thesaurus:
02.06.01 - Public Finance
PDF | File Size: 538 KB   Download
Feeder: SHOVA GIRI, Editor: SANJIYA SHRESTHA, Auditor:
...
A Case Study on The Joint Relief Scheme, a Life Micro-Insurance Scheme promoted by the Madhyamanchal Grameen Bikas Bank in Nepal
Abstract:
The main purpose of this case study is to document experiences in micro-insurance. The Centre for Micro Finance (CMF), in collaboration with ILO/STEP1, has documented two cases in Nepal. This case study on a life micro-insurance scheme is one of them. This case-study has been conducted in 2001, as part of a series of case-studies on micro-insurance in life, health and livestock published by the ILO/STEP programme in Nepal. This version is updated in December 2003 in order to document the expansion of the Joint Relief Scheme and the benefits received by the members of scheme over the years.
Publisher: ILO-SIEP Type / Script:
Progress Report  in  English
Keywords:
 LIFE INSURANCE, BANKS, BANKING SYSTEMS, TECHNICAL ASSISTANCE, FUNDS, DECISION-MAKING, FINANCING, ADMINISTRATION, MANAGEMENT, CREDIT
Thematic Group:
ILO, (2004)
Thesaurus:
02.06.01 - Public Finance
PDF | File Size: 538 KB   Download
Feeder: SHOVA GIRI, Editor: SUSHMITAKUNWAR, Auditor:
...
A Case Study On The Joint Relief Scheme, A life micro-insurence Scheme Promoted By The Madhayamanchal Grameen Bikas Bank In Nepal
Abstract:
The Micro-finance programmes are one of the most significant tools used for poverty alleviation. In the inception phase of micro-finance, practitioners gave emphasis in providing credit to the very poor and those who the banks could not help. This credit mainly focused on productive activities, but it is recognised that the poor have a variety of needs such as social and emergency requirements in case of illness, injury, death, natural disasters, theft, etc. Productive credit alone does not meet these unforeseen needs of the poor. Realising this, some micro-finance institutions (MFI)introduced a savings programme.The savings mobilised, usually provided the basis for a loan for social and emergency needs, but it had limited use. It could not provide full protection from the various risks faced by the rural and urban poor.This realisation led to the introduction of micro-insurance services as an important form of assistance to low-income households to cope with life’s uncertainties and calamities.
Publisher: ILO Type / Script:
Progress Report  in  English
Keywords:
 MICRO- INSURANCE SCHEME, LIFE INSURANCE, BANKS, BANKING SYSTEMS, TECHNICAL ASSISTANCE, TARGET GROUP, FUNDS, JOINT RELIEF SCHEME
Thematic Group:
ILO, (2004)
Thesaurus:
02.06.01 - Public Finance
PDF | File Size: 538 KB   Download
Feeder: SHOVA GIRI, Editor: YASHOHANGMARAI, Auditor:
...
A Case Study On The Joint Relief Scheme, A life micro-insurence Scheme Prmoted By The Madhayamanchal Grameen Bikas Bank In Nepal
Abstract:
The Micro-finance programmes are one of the most significant tools used for poverty alleviation. In the inception phase of micro-finance, practitioners gave emphasis in providing credit to the very poor and those who the banks could not help. This credit mainly focused on productive activities, but it is recognised that the poor have a variety of needs such as social and emergency requirements in case of illness, injury, death, natural disasters, theft, etc. Productive credit alone does not meet these unforeseen needs of the poor. Realising this, some micro-finance institutions (MFI)introduced a savings programme.The savings mobilised, usually provided the basis for a loan for social and emergency needs, but it had limited use. It could not provide full protection from the various risks faced by the rural and urban poor.This realisation led to the introduction of micro-insurance services as an important form of assistance to low-income households to cope with life’s uncertainties and calamities.
Publisher: ILO Type / Script:
Progress Report  in  English
Keywords:
 MICRO- INSURANCE SCHEME, ILO
Thematic Group:
ILO, (N/A)
Thesaurus:
02.06.01 - Public Finance
PDF | File Size: 538 KB   Download
Feeder: SHOVA GIRI, Editor: ANJANA SHRESTHA, Auditor:
...