Microcredit program, originating in Bangladesh in the late 1970s, has played an important role to meet the financing … out of poverty have been recorded in a wide array of literature, the employment outcome of participating in a microcredit … program as a pathway to poverty reduction has been studied much less. Using two waves of longitudinal data on over 2000 …

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 and consumption smoothing, as well as production, loans. It targets …