Abstract:This report to the Poverty, Prosperity and Progress conference examines the village-level development programmes of Shapla Neer, a Japanese NGO which has been operating in Bangladesh since independence in 1971. Shapla Neer's experiences offer hard-won lessons for development practitioners: the need for effective targeting; the desirability of self-employment as a livelihood option for poor households; the necessity of close monitoring; the need to target women; and the need for the poor to gain a political voi… Show more
“…Bangladesh is home to Nobel laureate Dr Muhammad Yunus, known for initiating the concept of 'microfinance' which involves lending small amounts of money to a large number of people with the purpose of alleviating poverty (Kickul et al 2012). Another example is the so-called Somity concept, which refers to an informal co-operative where a group of people (particularly women) save together a portion of their salary or a household income that is later invested in a business (Scheyvens 2002). Somity is identical to the 'Chit Fund' concept in the Indian context.…”
Section: Crowdfunding In Bangladesh Historymentioning
“…Bangladesh is home to Nobel laureate Dr Muhammad Yunus, known for initiating the concept of 'microfinance' which involves lending small amounts of money to a large number of people with the purpose of alleviating poverty (Kickul et al 2012). Another example is the so-called Somity concept, which refers to an informal co-operative where a group of people (particularly women) save together a portion of their salary or a household income that is later invested in a business (Scheyvens 2002). Somity is identical to the 'Chit Fund' concept in the Indian context.…”
Section: Crowdfunding In Bangladesh Historymentioning
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