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Role of Micro Credit Program in Empowering Rural Women in Bangladesh: A Study on Grameen Bank Bangladesh Limited

Author

Listed:
  • Kumar, Dhanonjoy

    (Islamic University, Kushtia)

  • Hossain, Afjal

    (Patuakhali Science and Technology University)

  • Gope, Monto Chandra

    (Metropolitan University)

Abstract

Bangladesh is one of the high density countries of the world. 40% of its population lives below the poverty level of which rural women are poorer. The rise of the Micro Credit Institution in the global context is identified as an important phenomenon which has implication for the development prospects of the poor. The paper was designed to identify the role of Grameen Bank (GB) and to analyze rural women’s economic empowerment as the outcome of micro-credit interventions. In this regard, an exploratory research has been made to focus on the activities and impacts after receiving micro-credit from GB. A sample size of 100 respondents has been interviewed through a structured questionnaire, in-depth interview and observation from Jhenaidah and Kushtia districts. The result shows that the women are more independent and can engage in decision making process after receiving and using micro credit.

Suggested Citation

  • Kumar, Dhanonjoy & Hossain, Afjal & Gope, Monto Chandra, 2013. "Role of Micro Credit Program in Empowering Rural Women in Bangladesh: A Study on Grameen Bank Bangladesh Limited," Asian Business Review, Asian Business Consortium, vol. 3(2), pages 106-112.
    • Handle: RePEc:ris:asbure:0114
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    Cited by:

    1. Pedro Marques & Kevin Morgan & Ranald Richardson, 2018. "Social innovation in question: The theoretical and practical implications of a contested concept," Environment and Planning C, , vol. 36(3), pages 496-512, May.
    2. Zaman, Badiuz & Uddin, Md. Hasan & Hossain, Afjal, 2020. "Impact of Microfinance on Poverty Alleviation: A Study in the Southern Part of Bangladesh," Asian Business Review, Asian Business Consortium, vol. 10(2), pages 81-86.
    3. Areeba Khan & Junaina Muhammad, 2018. "Islamic Microfinance as a Public Good in the Competitive Economy: Issues and Challenges," MIC 2018: Managing Global Diversities; Proceedings of the Joint International Conference, Bled, Slovenia, 30 May–2 June 2018,, University of Primorska Press.

    More about this item

    Keywords

    Grameen Bank; Micro Credit; Women; Empowerment; Bangladesh;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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