Poverty Reduction and Microenterprise in Bangladesh: Issues, Imperatives and Interventions
نویسندگان
چکیده
Micro enterprise is extremely important for the development of entrepreneurs, help human development, poverty reduction and employment generation both in rural and urban areas. The specific objective underlies in the provision of resource allocation, infusion of vital potent promoting microenterprise and to peruse socioeconomic patronization for development of the microenterprise. Secondary data is used in this research. For the study, the researchers organized discussions with the NGO personnel to have a clear conception on the issue. NGOMFI’s regular microcredit program (rural credit, urban credit, ultra poor credit, seasonal credit and specialized projects for agriculture, livestock etc.) is providing collateral free loan to the individual and microenterprises. Non financial support also proliferates micro enterprises with high potential. The micro enterprises are innovating new ways of doing business or initiating changes in the production function, exploring market opportunities for products and ultimately changing the business environment. Development of micro enterprise needs twopronged strategy – poverty reduction and employment creation strategy. Entrepreneurship development training is needed for the micro entrepreneurs. Flexible service interventions attaching to the economic condition of the micro entrepreneurs doses input potent to the microenterprises. Most of the micro enterprises demand loan and its availability in time of need.
منابع مشابه
Financing Social Innovation for Poverty Reduction: A Case Study of Microfinancing and Microenterprise Development in Bangladesh
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