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Inside Story of Microcredit in Bangladesh


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

There is no denying the fact that microcredit has been playing an important role in the movement for poverty alleviation. But its serious limitations in terms of delivery system, rules of repayment, interest rate charges, etc are also undeniable. These limitations have made it unable to fully realize its goal and aspirations. A credible study like this was required to determine its economic and social productivity and actual interest paying capability. Applying the economic-profit counting method of analysis, it finds that for as many as 48% borrowers microcredit is not economically that productive to be able to pay so high interest. The study made three major contributions to literature: application of economic-profit counting method in economic productivity analysis, identification of the critically vulnerable group among the borrowers; and that borrowers regard microcredit more as a social than economic institution for facilitating and safeguarding their social and political empowerment. “…this is an important contribution and should enhance our understanding of the impact of microfinance on poverty.” – Prof. Anisuzzaman Chowdhury, Senior Economic Affairs Officer, United Nations

Product Specifications
SKU :COC69982
AuthorMd. Mahmudul Alam and Rafiqul Islam Molla
Number of Pages92
Publishing Year2011-11-23T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00