
Direct Implementation Program
(BOT/BOM/BOO Projects)
A Build - Operate - Transfer (BOT) / Build - Operate - Manage (BOM) / Build - Operate - Own (BOO) project is the direct implementation approach to set up a microfinance program following the Grameen principle in a specific location in any country. Grameen Trust has introduced BOT/BOM/BOO projects with a view to setting up sustainable microcredit programs in places that are poverty stricken, devastated by natural calamities or badly affected by civil war. This program has proved to be effective as it significantly reduces the time of establishment and implementation of the program and be cost effective simultaneously. GT deploys its experienced staff to set up and implement BOT/BOM/BOO projects that drastically lowers implementation time as well as training cost.
At present, Grameen Trust has seven ongoing direct implementation projects in Costa Rica, India, Indonesia, Kosovo, Turkey, U.S.A and Zambia, and two joint collaboration projects in China and Guatemala. The BOT project in Myanmar has already been handed over to the host organization.
It may be mentioned here that Microcredit Initiative of Grameen, the BOM project in Assam, India has been temporality terminated due to political unrest in this area. In an attempt to serve the poor people in India, which is the home of almost a third of the global poor, a fact finding mission was conducted in 2007 by a team consisting of the delegates of Whole Planet Foundation and Grameen Trust in Assam, India. Following this, a BOM project, Microcredit Initiative of Grameen (MIG) was launched in Assam in 2008. Unfortunately, the project operation has been terminated due to political unrest in Assam. However, GT has planned to shift the project location from Assam to Kerala, India in the next year.