Questioning Bangladesh's Microcredit
AbstractMicrolending is widely seen as a development program that has worked for the world's poor. But there has been inadequate study of the results. The authors undertook a pilot study in Bangladesh, and their results are deeply disappointing. A high proportion of loans are taken for consumption, not investment, and make little contribution to the creation of jobs.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Challenge.
Volume (Year): 51 (2008)
Issue (Month): 6 (November)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043
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- Rafiqul Islam Molla & Md. Mahmudul Alam, 2011. "Microcredit - A More Credible Social than Economic Program in Bangladesh," Economics Bulletin, AccessEcon, vol. 31(2), pages 1095-1104.
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