Impact of Microcredit Program of BRAC on Poverty Alleviation: A Case Study of Jhenaidah District in Bangladesh

Impact of Microcredit Program of BRAC on Poverty Alleviation: A Case Study of Jhenaidah District in Bangladesh

Md. Arif Billah

Contact

α International Islamic University Chittagong

Impact of Microcredit Program of BRAC on Poverty Alleviation: A Case Study of Jhenaidah District in Bangladesh

Article Fingerprint

ReserarchID

7JZ01

Impact of Microcredit Program of BRAC on Poverty Alleviation: A Case Study of Jhenaidah District in Bangladesh Banner

AI TAKEAWAY

Connecting with the Eternal Ground

Abstract

This main purpose of this study is to examine the role of conventional microcredit for poverty alleviation. Bangladesh Government and Non-Government Organizations (NGOs) have been trying to alleviate poverty of its people. NGOs provide microcredit to poor people to enhance their income and improve the living levels. The study reveals that microcredit programs have generated positive results for large numbers of the poor. Micro-credit has significant impacts on income, savings and expenditure levels of the household. The poor are not homogeneous, so impact varies significantly among different segments of the population according to their socio-economic status, gender, background, family composition and others. The analysis shows that in general, the microcredit is an instrument that can help to accumulate savings and income and finally assist to alleviate poverty. But still it is not only the instrument that can alleviate poverty but it is the vital component that can help to the poor people for standard living levels. Our analysis shows that after taking loan there is a significant change in the respondents’ income savings and expenditures.

References

36 Cites in Article

Reference Format

C Mamun,A Hasan,M Rana,A (2013). Micro-credit and poverty alleviation: The Case of Bangladesh‖.
S Khandker (2003). Microfinance and Poverty: Evidence Using Panel Data from Bangladesh.
J Momoh (2005). Financial Inclusion and Poverty Reduction: Has Microfinance Been Helpful to Poor People?.
(2001). World Development Report 2000/2001: Attacking Poverty.
Shahidur Khandker,Osman Chowdhury (1995). Targeted Credit Programs and Rural Poverty in Bangladesh.
W Malik,K Aujla,F Sharif (2001). A Review of Micro-Credit for Poverty Alleviation in Pakistan.
N Mcisaac (1997). The Role of Microcredit in Poverty Reduction and Promoting Gender Equity: A Discussion Paper.
B Minhas (1970). Rural Poverty, Land Distribution and Development Strategy: Facts and Policy‖ Indian Economic Review.
Jonathan Morduch (1994). Microinsurance: The Next Revolution?.
M Mujeri (1995). Poverty Alleviation Strategies in Bangladesh: An Overview‖.
H Munawar,H Zakir,M (2006). Review on the Impact of Small Scale Irrigation Scheme on Household income and Poverty Reduction in EthiopiaReview on the Impact of Small Scale Irrigation Scheme on Household income and Poverty Reduction in Ethiopia.
M Muqtada (1977). Poverty and Famines in Bangladesh‖.
S Osmani (2000). Growth Strategies and Poverty Reduction‖.
A Rahman,T Haque (1988). Poverty and Inequality in Bangladesh in the Eighties: An Analysis of Some Recent Evidence.
Mohammad Muntasir Maruf,Farzana Rahman,Muhammad Zillur Rahman Khan,Nasim Jahan (2000). PSYCHIATRIC MORBIDITY AND SUBSTANCE ABUSE AMONG MALE JUVENILE OFFENDERS IN BANGLADESH.
Samiul Hasan,Ashrarur Mitul,Ayub Ali,Kmn Ferdous,Umama Huq (1994). Omphalocele and Gastroschisis: Comparison of Outcome in A Resource Limited Tertiary Centre.
D Banu,F Farashuddin,A Hossain,S Akhter (2001). Empowering Women in Rural Bangladesh: Impact of Bangladesh Rural Advancement Committee's (BRAC's) Program.
D Bornstein (1998). The Microcredit Movement is Revolutionizing International Development.
I Getubig (1992). the Role of Credit in Poverty Alleviation: The Asian Experience, Economic Development Institution.
D Gujarati (1995). Damodar GUJARATI. Basic Econometrics. McGraw-Hill, 1978..
D Gujarati (1992). Essentials of Econometrics.
S Hashemi,S Schuler,A Riley (1996). Rural Credit Programs and Women's Empowerment in Bangladesh.
Mohammad Malek,Abu Ahasan,Md. Hossain,Md. Ahmed,Marup Hossain,Md. Reza (1998). Impact assessment of credit programme for the tenant farmers in Bangladesh.
Shahidur Khandker (1998). Using Microcredit to Advance Women.
D Washington,S Khandker (1998). Micro-credit Program evaluation: A critical review.
R Montgomery,D Bhattacharya,D Hulme ; Hulme,D Mosley (1996). Credit for the Poor in Bangladesh: The BRAC Rural Development Program and the Government Thana Resource Development and Employment Program.
S Mustafa,I Ara,D Banu,A Hossain,A Kabir,M Mohsin,A Yusuf,S Jahan (1996). Beacon of Hope: An Impact Assessment Study of BRAC's Rural Development Program.
Mark Pitt,Shahidur Khandker (1998). The impact of Group‐Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?.
Aminur Rahman (1999). Micro-credit initiatives for equitable and sustainable development: Who pays?.
A Rao,D Kelleher (1995). Engendering Organisation Change: The BRAC Case in Getting Institution Right for Women Development.
Hassan Zaman (2001). Assessing the Impact of Micro-credit on Poverty and Vulnerability in Bangladesh.
M Zeller,M Sharma (1999). Placement and Outreach of Group-Based Credit Organisation: The Cases of ASA, BRAC, and PROSHIKA in Bangladesh.
M Yunus (2007). Credit for the poor: poverty as a distant history.
H Zaman (1998). Who benefits and to what extent? An evaluation of BRAC's micro-credit Program.
H Zaman (1999). Assessing the Impact of Micro-Credit on Poverty and Vulnerability in Bangladesh.
(2005). Poverty Reduction Strategy Paper Progress Report.

Download References

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Md. Arif Billah. 2020. \u201cImpact of Microcredit Program of BRAC on Poverty Alleviation: A Case Study of Jhenaidah District in Bangladesh\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 20 (GJHSS Volume 20 Issue E1): .

More Citation Formats

Select Citation Style:

Download Citation

Download Article

GJHSS Volume 20 Issue E1
Pg. 37- 44

Explore Journals Explore Volume Read This Issue

Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords

Not Found

Classification

GJHSS-E Classification: FOR Code: 149999

Submission ReceivedDecember 9, 2019
Peer Review Double Blind
Handling Editor
Accepted January 3, 2020
Published January 15, 2020

Version of record

v1.2

Issue date

January 18, 2020

Language

Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

View in VR

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

View in 3D

Article Matrices

Total Views: 2662

Total Downloads: 1265

2026 Trends

Published Article

Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]