Bangladesh: Din Ek aur Dui
I landed in Dhaka on Wednesday to find a crazier Bombay. I’m here now, in Bangladesh, my earlier passport woes taken care of. The airport was surprisingly not chaotic, unlike Bombay’s Chattrapati Shivaji International airport. After a quick immigration procedure, I made my way to the hotel with another intern I met at the airport (Simon, from England, very nice guy) and someone from the hotel. The drive was long but we got to see some of the less dense parts of Dhaka, with water/sand/marsh everywhere and elevated roads. Our hotel, however, is located bang in the middle of all the chaos of this megacity. When I say chaos I mean the absence of any driving rules whatsoever, hoards of eve-teasers, power cuts at least three times a day, the smell of garbage mixed with food being cooked, and excruciatingly loud honking. For those of you who think this is a lot like India, well, it is. But ten times more chaotic. Plus, I’m a lot more confident in India since I know the language. Anyone who “accidentally” brushes into me on the streets of Bombay will get a firm “Eh! Dikhta nahi, kya?” (Eh! Can’t you see?”), but here I get groped all the time and can’t even make a big scene to ward off other men.
Anyway, before I go on about Dhaka, the main reason I’m here: I will be interning /researching with the Grameen Bank for a month and a half. For the uninitiated, the Grameen Bank, under Nobel Laureate Professor Muhammad Yunus, is a pioneer of Microfinance. Microfinance, popularized by its division of Microcredit basically consists of giving small, uncollateralized loans to the poor to help them start their own businesses and eventually cross the ‘poverty line’. One of the main features of the Grameen Bank is that they work with rural women only, and hence not only help alleviate rural poverty, but also bring about social change in terms of a woman’s place in society. Since it was founded, the Grameen Bank has helped millions in Bangladesh cross the line of poverty. Grameen has expanded to a conglomerate of sorts and now has 26 “sister” companies, some of which include Grameen Shakti (providing renewable energy for the poor), Grameen Telecom (providing mobile phones at affordable prices for the poor) and Grameen Communications (providing internet access and data processing services for the poor). The entire list of sister companies can be found here.
My area of research with Grameen will be their Social Businesses, which basically promote a strict adherence to the triple bottom line, with profit being the last “line”. Bangladesh, much like every other developing country faces a plethora of problems ranging from economic to environmental to religious and social problems, each of these being cruelly intertwined. Social Businesses, at least in theory, seem like a utopian solution to all of these. My study will (hopefully) determine the feasibility of these businesses and determine ways to increase their efficiency (and thereby their positive social impact). Ideally, I want my study to be used to further urban development in cities like Bombay.
So, back to my first two days here. I managed to get a phone connection for 900 taka, which is ridiculous in my opinion. I was obviously kidding myself when I assumed Bangladesh would be much cheaper than India. An average meal costs about 200 taka which is pretty similar to India. I did however get some really good naan (bread) and sabzi (cooked vegetables) at a dhaba (basically a very sketchy looking restaurant defying most hygiene standards, with amazingly cheap and delicious food) for 40 taka, i.e., 28 rupees or 58 ccnts. The hotel I’m at is pretty nice except for the fact that I share my room with about a dozen cockroaches. Three of them are nice enough to even share my bed with me. Oh well, all part of the adventure
More later! Khuda Hafiz!




Bombay’s going to get crazier every year and then it’ll explode.
Bhalo theko, bhalo kaaj karo.
Aami aarshola hote chhai.
The Great Indian Grope Trick has made its way to B’desh, ha?
Udhai vidu, I say. No wait, gaanre lath mar.
Chiquita~
Ewww! Curse the roaches. Lucky you don’t have a phobia to them like I do.
I’m glad you made it safely & things are going as planned generally.
Miss you!
<3 Tabby
Have fun with the roaches. They don’t bite.. if that’s any consolation. Be honored. You’ll be living in the same habitat as organisms that have survived the last few million years without being even close to extinction.
You know I love you. I have your number. I will call. Soon! Hope life in Dhaka is going well. Take care!
Poojie
Hey Nikish,
that was interesting reading!
Wonder if there’s a chance in hell if we can think of reproducing grameen banks initiatives in the rural parts of india?
I’ve been financing a small initiaive with my mother in law for teaching vocational skills to women in order to Amie them relatively self sufficient ( free sewing machines + training + tying up with agencies who sell the produce aka sewa types, started out last year with some progress. Wanting to take it to next level so would be great to hear from you on any feedback suggstions or any reading recommendations!
Cheers
enjoy HK
Hi Farrukh uncle! Sorry about replying so late. Actually, there are a lot of microfinance initiatives in India now..last summer (2008) I was in rural Rajasthan executing a similar project. There are many new initiatives now and I guess one has to be careful while choosing what project to fund/initiate given that there are so many issues to consider, failing which people (the poor) might become worse off. I’d be happy to share some readings with you and I do have some suggestions from what little experience I have : ) If you give me your email I’d be happy to connect with you on this!