Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers
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...
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| Format: | Article |
| Language: | English |
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Sciedu Press
2019
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| Online Access: | http://umpir.ump.edu.my/id/eprint/26159/1/16476-57654-1-SM.pdf |
| _version_ | 1825812926514069504 |
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| author | Mohammad, Aslam Kumar, Senthil Sorooshian, Shahryar |
| author_facet | Mohammad, Aslam Kumar, Senthil Sorooshian, Shahryar |
| author_sort | Mohammad, Aslam |
| collection | UMP |
| description | 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. |
| first_indexed | 2024-03-06T12:36:23Z |
| format | Article |
| id | UMPir26159 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T12:36:23Z |
| publishDate | 2019 |
| publisher | Sciedu Press |
| record_format | dspace |
| spelling | UMPir261592019-11-27T03:20:15Z http://umpir.ump.edu.my/id/eprint/26159/ Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers Mohammad, Aslam Kumar, Senthil Sorooshian, Shahryar HG Finance 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. Sciedu Press 2019-10-17 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/26159/1/16476-57654-1-SM.pdf 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) https://doi.org/10.5430/ijfr.v11n1p49 10.5430/ijfr.v11n1p49 |
| spellingShingle | HG Finance Mohammad, Aslam Kumar, Senthil Sorooshian, Shahryar Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers |
| title | Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers |
| title_full | Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers |
| title_fullStr | Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers |
| title_full_unstemmed | Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers |
| title_short | Impact of microfinance on poverty: qualitative analysis for Grameen Bank borrowers |
| title_sort | impact of microfinance on poverty qualitative analysis for grameen bank borrowers |
| topic | HG Finance |
| url | http://umpir.ump.edu.my/id/eprint/26159/1/16476-57654-1-SM.pdf |
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