tailieunhanh - The Africa Competitiveness Report 2011

New members have to buy their books or borrow them from older members of the bank. They should pay an entrance fee and start bringing their weekly mandatory savings to the bank meetings. New members are not eligible for loans until they have attended four bank meetings and saved four times. Because their savings are small, their loans will be small at first and so will their dividends. If the village bank grows to 35 members and still more women want to join, the group should help the new women form their own village bank. Once membership grows. | The RM Competitiveness Report 2011 SB .pANEDEo RLD NOMIC RUM COMMITTED TO IMPROVING THE STATE OF THE WORLD WORLD ECONOMIC FCDRUM COMMITTED TO IMPROVING THE STATE OF THE WORLD The Africa Competitiveness Report 2011 THE WORLD BANK The Africa Competitiveness Report 2011 2011 World Economic Forum the World Bank and the African Development Bank The Africa Competitiveness Report 2011 is the result of collaboration between the World Economic Forum the World Bank and the African Development Bank. AT THE WORLD ECONOMIC FORUM Professor Klaus Schwab Executive Chairman Robert Greenhill Chief Business Officer Jennifer Blanke Lead Economist Head of the Centre for Global Competitiveness and Performance Ciara Browne Associate Director Katherine Tweedie Director Africa AT THE WORLD BANK Robert Zoellick President Shantayanan Devarajan Chief Economist Africa Region Marilou Uy Sector Director Finance Private Sector Development Africa Region Michael Fuchs Acting Sector Manager Finance Private Sector Development Africa Region Giuseppe Iarossi Senior Economist Finance Private Sector Development Africa Region AT THE AFRICAN DEVELOPMENT BANK Donald Kaberuka President Mthuli Ncube Chief Economist Vice President ECON Complex Désiré Vencatachellum Director Development Research Department Peter Ondiege Chief Research Economist Development Research Department Zuzana Brixiova Principal Research Economist Development Research Department Copyright 2011 by the World Economic Forum the International Bank for Reconstruction and Development The World Bank the African Development Bank and the Africa Commission Published by the World Economic Forum Geneva. The findings interpretations and conclusions expressed herein are those of the author s and do not necessarily reflect the views of the Executive Directors of The World Bank the African Development Bank or the governments they represent. The World Bank the African Development Bank and the World Economic Forum do not guarantee accuracy of the data .