Microfinance and savings among the poor: evidence from Bangladesh microfinance sector

Nasrin, Shamima; Baskaran, Angathevar; Rasiah, Rajah

doi:10.1007/s11135-016-0342-1

Cited by 11 publications

(10 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Moreover, though microfinance encourages the savings but regression analysis did not find any effect of microfinance on the savings of the women borrowers. This findings is also supports the findings of Nasrin et al [24] and Latif A [25].…”

Section: Consistency With the Earlier Research Findingssupporting

confidence: 93%

Does Microfinance Matter for Women Borrowers? Recent Findings from Bangladesh

Hossain

Wadood

2019

AJEBA

View full text Add to dashboard Cite

This paper examines the impact of microfinance on some selected women borrower respondents of Bangladesh, who have been selected through a systematic random survey process. This is a quantitative research based on primary and secondary data. The primary data was collected through a structured questionnaire on sixty women borrowers of the Dhaka City, Bangladesh. This paper finds that microfinance has a highly significant positive impact on the income of these women borrower respondents. Moreover, though microfinance encourages for savings and buying new asset but it has no significant impact on their asset building and savings.Overall, there has been a mixed outcome from this cross-sections data: microfinance has been found as a matter for women borrowers' income increasing aspects, whereas not much effective in increasing savings or building up of assets. Finally the paper recommends some steps to increase effectiveness of microfinance on the women borrowers, including expanding training facilities and lower interest rates particularly for women borrowers.

show abstract

Section: Consistency With the Earlier Research Findingssupporting

confidence: 93%

Does Microfinance Matter for Women Borrowers? Recent Findings from Bangladesh

Hossain

Wadood

2019

AJEBA

View full text Add to dashboard Cite

show abstract

“…There are social aspects that are broadly studied in the literature, and in turn considered by the MFIs: poor and low-income clients [69,72,73], women [45,49,74] and clients living in rural areas [52,68], among others, and the combination of them [39,46,75]. Measures of client poverty [39,76], increased access to financial services [77,78], poverty reduction [79,80], employment generation and the growth of existing businesses [81,82], and clear debt collection practices [83][84][85] are reported and also researched in all regions.…”

Section: Convergences: Reported and Researchedmentioning

confidence: 99%

“…The same circumstance is given for education loans for the LAC [89] and S. Asia [71,74] regions. In the social dimension, the great forgotten for all regions are the very poor clients (SC1), and adolescents and youth (SC5) as a target for MFIs, while in the scientific literature, their presence is noticeable [72,73,90,91]. The same happens with certain development goals, such as the improvement of adult education (SC13) that is investigated in all regions except EAP [51,52,68], youth opportunities (SC14) [18], children's schooling (SC15) [71], health improvement (SC16) [71,82,92] and access to water and sanitation (SC18) [43,93].…”

Section: Divergencesmentioning

confidence: 99%

Microfinance Institutions Fostering Sustainable Development by Region

2020

View full text Add to dashboard Cite

In the last few years, considerable attention has been paid to microfinance as a relevant participant in the formal financial system, whose target audience is people who are otherwise at risk of financial exclusion. In parallel, sustainability and the promotion of Sustainable Development (SD) are imposed as the theoretical frame when facing any study. This, connected with cultural and organizational dimensions theories, are the analytical framework for the analysis of the relationship between the context of performance in which Microfinance Institutions (MFIs) operate and their activity in promoting sustainability. A holistic approach is necessary to make operational these concepts; for that reason, financial, environmental, social and governance dimensions (FESG), and the balance among them, have to be considered. The main objective of the paper is to explore to what extent MFIs are fostering SD, and how this promotion is performed by region. For the analysis, two different sources of information have been studied: sectoral academic literature that focuses on the different sustainability dimensions, and MIX Market sustainability data obtained from the MFIs. A keyword analysis of the selected papers has been executed to be conscious of the most investigated aspects by region; on the data provided by the institutions, a Kruskal-Wallis H test has been performed to learn what the main Sustainability Indicators (SIs) are that are reported affirmatively. To obtain comprehensive research, a comparative study of the results offers the convergences, divergences and gaps of information in each of the regions. The findings show significant differences depending on the region, and confirm that operationalization should be adjusted at the regional context of the MFIs. The paper, with the inherent limitations due to data quality, also offers recommendations for the better promotion of sustainability in each of the regions.

show abstract

“…Through larger profit-driven incentives, private ownership and commercialization with interest rates based on market, their own costs are pushed to cover by the MFIs. In the microfinance supply to the lower income people, it was thought that a cost-free increase of microfinance supply was generated and financial self-sustainability would be ensured by the profits and forces of the market to the lower income people of the society (Nasrin et al , 2017).…”

Section: Microfinance: a Way Out For Poverty Alleviationmentioning

confidence: 99%

Development of Islamic microfinance: a sustainable poverty reduction approach

Begum

Alam

Mia

et al. 2018

JEAS

View full text Add to dashboard Cite

Purpose Though microfinance has been working for many years as a tool to eradicate poverty from its root, most of the least developed and developing countries are yet to significantly alleviate it from the society. The purpose of this paper is to focus on Shariah-based microfinance products in the context of sustainable poverty alleviation approach and provide them financial benefits to enhance their livelihoods. Design/methodology/approach Here, this qualitative study critically analyzes the basics of the sustainable Islamic microfinance to exterminate the level of poverty. Findings Islamic microfinance is a more ethical practice than the traditional motives of profit maximization, and it encourages extending the time of repayment if the debtors are in hardship. In some case, it suggests to give charity if the creditor has capability. Research limitations/implications Most importantly, research scholars and experts have already criticized the concept of conventional microfinance on the basis of various points, especially for its high rate of interest. Social implications Islamic microfinance is provided with a view to fulfill two tools simultaneously, i.e., social and financial inclusion. In this case, credits and Zakah can be given to the extreme poor people for satisfying basic needs. In terms of social responsibility, Islam encourages the people to be soft in case of collecting the lending money. Originality/value The study discoursed that sustainable Islamic Microfinance (IM) may be a promising future option to draw the attention of the religiously sensitive people toward the Shariah-based microfinance which can, in turn, mitigate the poverty level.

show abstract

Microfinance and savings among the poor: evidence from Bangladesh microfinance sector

Cited by 11 publications

References 31 publications

Does Microfinance Matter for Women Borrowers? Recent Findings from Bangladesh

Does Microfinance Matter for Women Borrowers? Recent Findings from Bangladesh

Microfinance Institutions Fostering Sustainable Development by Region

Development of Islamic microfinance: a sustainable poverty reduction approach

Contact Info

Product

Resources

About