Flexiload program
Flexiload program started in April 2006 in Tangail and Comilla Zone as a ROSA pilot project. The agreement between Grameen Bank (GB) and Grameen Phone (GP) was to sell the airtime in rural areas through GB members. The program was going on successfully. Finally the agreement was set up on November 06, 2006 to expand the program in other zones. In this program GP is the first party and GB acts as a distributor of Flexiload. Selected GB members are the sales agents who get load from GP through GB and sell it to the lower end. GB’s commission is 1.135% and sales agent’s commission is 2.75%. Up to December 31, 2007 Grameen Bank creates 1,000 sales agents in 39 zones, who transected Tk. 366.00 million. Grameen Bank and agents received commissions amounting Tk. 4.30 and 10.00 million respectively. Now every week Grameen Bank agents are transacting Tk. 10.00 million. Grameen bank plan is to make 4,000 Grameen Bank agents very soon. We hope this program will develop and reinforce strategies, which will bring high economic benefits to Grameen Bank members. |