Annotated Bibliography
Alam, Md. and Rafiqul Molla. “Inside Productivity of Microcredit in Bangladesh: A Surgical Analysis.” Asian Economic and Financial Review, vol. 2, no. 3, 2012, pp. 478-490. In this paper, Alam and Molla analyze the effects of microcredit on the social and economic conditions of borrowers in Bangladesh. The assessment was conducted by interviewing 555 microcredit borrowers from all over Bangladesh and across several rural and urban districts. In addition, econometric tools have been used to analyze the qualitative data from these interviews, in order to report effective results. The findings reveal that the impact of microcredit on empowering women and creating social change is unclear. To be specific, the research …show more content…
They focus their discussion on Grameen Bank and BRAC, the two largest microfinance providers in Bangladesh. After assessing various field and case studies, Develtere and Huybrechts conclude that for both institutions a greater number of loans mean a lower incidence of poverty for program participations. They find that 76% of participants who have taken no loans, or only one loan, remain below the poverty line, compared to 57% who have taken five or more loans. A 1998 study by Khandker is also cited that concludes that the poverty rate of BRAC participations falls by 15% for the moderately poor and by 25% for the ultra poor when borrowers take loans for up to three years. Using these data, Develtere and Huybrechts suggest that microcredit is an effective tool to reduce poverty if enough time is given to create sustainable, long term …show more content…
“The effectiveness of the microcredit programme in Bangladesh.” Local Economy, vol. 28, no. 1, 2013, pp. 85-98. Rahman and Khan discuss the effectiveness of the microcredit programs in Noakhali and Comilla districts in Bangladesh by interviewing 397 borrowers from this region. All of these borrowers have received their loans from ASA International, a global microfinance institution that was ranked the largest in the world by Forbes in 2007. Upon the completion of their research process, Rahman and Khan find that 43% of borrowers are involved with more than one organization. They also state that over 70.5% of borrowers have not received any training for how they can use their loans in business
Alam, Md. and Rafiqul Molla. “Inside Productivity of Microcredit in Bangladesh: A Surgical Analysis.” Asian Economic and Financial Review, vol. 2, no. 3, 2012, pp. 478-490. In this paper, Alam and Molla analyze the effects of microcredit on the social and economic conditions of borrowers in Bangladesh. The assessment was conducted by interviewing 555 microcredit borrowers from all over Bangladesh and across several rural and urban districts. In addition, econometric tools have been used to analyze the qualitative data from these interviews, in order to report effective results. The findings reveal that the impact of microcredit on empowering women and creating social change is unclear. To be specific, the research …show more content…
They focus their discussion on Grameen Bank and BRAC, the two largest microfinance providers in Bangladesh. After assessing various field and case studies, Develtere and Huybrechts conclude that for both institutions a greater number of loans mean a lower incidence of poverty for program participations. They find that 76% of participants who have taken no loans, or only one loan, remain below the poverty line, compared to 57% who have taken five or more loans. A 1998 study by Khandker is also cited that concludes that the poverty rate of BRAC participations falls by 15% for the moderately poor and by 25% for the ultra poor when borrowers take loans for up to three years. Using these data, Develtere and Huybrechts suggest that microcredit is an effective tool to reduce poverty if enough time is given to create sustainable, long term …show more content…
“The effectiveness of the microcredit programme in Bangladesh.” Local Economy, vol. 28, no. 1, 2013, pp. 85-98. Rahman and Khan discuss the effectiveness of the microcredit programs in Noakhali and Comilla districts in Bangladesh by interviewing 397 borrowers from this region. All of these borrowers have received their loans from ASA International, a global microfinance institution that was ranked the largest in the world by Forbes in 2007. Upon the completion of their research process, Rahman and Khan find that 43% of borrowers are involved with more than one organization. They also state that over 70.5% of borrowers have not received any training for how they can use their loans in business