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Microfinance is often criticized for not adequately addressing seasonality and hard-core poverty. In Bangladesh, a program known as PRIME was introduced in 2006 to address both concerns. Unlike regular microfinance, PRIME introduces a microfinance scheme that offers a flexible repayment schedule...
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The recent past has witnessed phenomenal growth in MFIs around the world. Today as many as 200 million people are beneficiaries of microfinance. Given its worldwide attention, microfinance has received serious criticism, including the argument that it is a fad with less-than-expected benefits...
Persistent link: https://www.econbiz.de/10012566424
Microfinance is often criticized for not adequately addressing seasonality and hard-core poverty. In Bangladesh, a program known as PRIME was introduced in 2006 to address both concerns. Unlike regular microfinance, PRIME introduces a microfinance scheme that offers a flexible repayment schedule...
Persistent link: https://www.econbiz.de/10012551549
Preface -- About the authors -- Abbreviations -- Introduction -- Rural nonfarm growth and poverty reduction -- Institutional growth and MFI performance -- Dynamics of microfinance benefits -- Are borrowers overindebted? -- Role of microfinance in poverty transition -- Diversification of income...
Persistent link: https://www.econbiz.de/10012245277
In north-west Bangladesh, some 36 per cent of poor households migrate every year during the lean (monga) period to cope with seasonal deprivation. Analysis of household survey data shows that the probability of seasonal migration is high for households with a high dependency ratio, high...
Persistent link: https://www.econbiz.de/10012562828
Microfinance is often criticized for not adequately addressing seasonality and hard-core poverty. In Bangladesh, a program known as PRIME was introduced in 2006 to address both concerns. Unlike regular microfinance, PRIME introduces a microfinance scheme that offers a flexible repayment schedule...
Persistent link: https://www.econbiz.de/10012976509
Energy poverty is a frequently used term among energy specialists, but unfortunately the concept is rather loosely defined. Several existing approaches measure energy poverty by defining an energy poverty line as the minimum quantity of physical energy needed to perform such basic tasks as...
Persistent link: https://www.econbiz.de/10011394757
This paper examines the role of social safety-net programs in Bangladesh run by the government and nongovernmental organizations to mitigate seasonal deprivation in the country's highly vulnerable northwest region. Specifically, the paper explores whether social safety nets are limited to...
Persistent link: https://www.econbiz.de/10011395152