People in industrialized countries enjoy nowadays the luxurious advantages of energy. Electricity has converted the former preindustrial economies and societies into highly industrialized, mechanized and automated ones. On the contrary, many rural areas in developing countries are suffering from the heavy lack of access to energy, such as Bangladesh. Grameen Shakti, a subsidiary of the world famous Grameen family set up by Nobel Laureate Muhammad Yunus, has created a market for renewable energy technologies in Bangladesh, though not in the industrial and commercial areas but in the very poor and energy-starved rural areas of the country. By employing a special market-based business model, Grameen Shakti provides rural households with access to renewable energy technologies and thus with electricity. The objective of this study is the analysis and depiction of the functionality of this business model, its structural aspects, implications as well as replication potential.
Niclas D Weimar
microcredits Grameen Shakti Bangladesh Renewable energy technology energy Bangladesch elektrifizierung electrification Südasien Energy for the poor Ländliche Elektrifizierung Rural Electrification South Asia