Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers

Mohammad, Aslam and Kumar, Senthil and Sorooshian, Shahryar (2019) Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers. International Journal of Financial Research, 11 (1). pp. 49-59. ISSN 1923-4023 (print); 1923-4031 (online). (Published)


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Poverty is economic, social, political and even moral issue all over the world. Microfinance has been designed to eliminate poverty and may help marginal people to materialize their dreams. Microfinance has been formalized primarily in Bangladesh with this concept. Grameen Bank (GB) has been serving large number of people below poverty level here. Initially, microfinance institutions have been supported by the Government or Donor assuming its positive impact on borrowers. However, ambiguous impacts have been reported in several studies that make microfinance questionable. Therefore, this study intent to measure the impact of microfinance on GB borrowers through the process of qualitative changes in borrowers lives. The process has been measured by some case studies for participant and non participant borrowers using Modified Household Economic Portfolio Model (M HEPM). Our qualitative analysis shows that microfinance makes positive changes in the process of borrowers lives observed through financial and activity diaries of the borrowers.

Item Type: Article
Additional Information: online published 2019.
Uncontrolled Keywords: Poverty; Microfinance; Bank borrowers
Subjects: H Social Sciences > HG Finance
Faculty/Division: Faculty of Industrial Management
Depositing User: Dr. Senthil Kumar T
Date Deposited: 27 Nov 2019 03:20
Last Modified: 27 Nov 2019 03:20
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