Microfinance and poverty reduction evidence from a village study in bangladesh

Md Nawaz

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    35 Citations (Scopus)

    Abstract

    To evaluate the competing claims on the impact of microfinance programs on multidimensional poverty, a village study in Bangladesh was conducted where three microfinance programs had been operating for more than five years. The study found that microfinance has resulted in a moderate reduction in the poverty of borrowers, as measured by a variety of socio-economic indicators, but has not reached many of the poorest in the village. To make microfinance a more effective means of poverty reduction other services such as skills training, technological support, education and health related strategies should be included with microfinance.

    Original languageEnglish
    Pages (from-to)670-683
    Number of pages14
    JournalJournal of Asian and African Studies
    Volume45
    Issue number6
    DOIs
    Publication statusPublished - Dec 2010

    Keywords

    • Asia
    • Bangladesh
    • microcredit
    • microfinance
    • poverty
    • well-being

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