Can micro-credit bring development?

Micro Credit for Sustainable Development: Role of NGOs

Microcredit has spread rapidly since its beginning in the late 1970s, but whether and how much it helps the poor is the subject of intense debate. As the history suggests rural credit, poverty alleviation, and micro finance are inextricably interwoven. Any effort to understand one without the reference to other can give fragmented results. The Non-Governmental Organisations (NGOs) are regarded ...

The Limits of Micro Credit as a Rural Development Intervention

Micro-credit and Poverty Reduction in Bangladesh

The main objective of the study is to assess the impact of micro-credit on poverty reduction . The study was conducted among recipients of microcredit provided by both Grameen Bank and the BRDB in Manikganj Sadar Upazila of Manikganj district and Sagalnaiya Upazila of Feni district. The study reveals that Grameen Bank and BRDB covered higher proportion of landless households compared to control...

The Economic Philosophy of Micro - Credit System

This paper aims at locating the practice of micro-credit system into a larger theoretical canvas of economic theory and philosophy. A systems theoretic approach has been adopted. Emergence of the „excluded‟ class has been explained with the help of the theory of feedback. Individuals have been assumed to be myopic, local optimizer and bounded rational. In this context, the empirical experiences...

A Multivariate Model of Micro Credit and Rural Women Entrepreneurship Development in Bangladesh

In Bangladesh, micro credit programs have positive socioeconomic impact on the rural women borrowers. However, it is perceived that the micro credit programs help the rural women borrowers to survive only and do not help them to develop entrepreneurial capabilities. Hence, this paper aims at identifying the factors related to the development of entrepreneurship among the rural women borrowers t...