FIGHTING POVERTY WITH MICROCREDIT EXPERIENCE IN BA: Experience in Bangladesh (World Bank Publication) - Softcover

Khandker, Shahidur R.

Softcover

ISBN 10: 0195211219 ISBN 13: 9780195211214

Publisher: World Bank Publications, 1998

Synopsis

Fighting Poverty with Microcredit This text examines the experiences of the Grameen Bank and two other major microcredit programmes in Bangladesh in order to quantify the potential and limitations of microcredit programmes as an instrument for reducing poverty and delivering financial sevices to the poor.

About this title

Synopsis:

Providing the poor with access to financial services is one of many ways to help increase their incomes and productivity. In many countries, however, traditional financial institutions have failed to provide this service. Microcredit and co-operative programmes have been developed to fill this gap. Their purpose is to help the poor become self-employed and thus escape poverty. Many of these programmes provide credit using social mechanisms, such as group-based lending, to reach the poor and other clients, including women, who lack access to formal financial institutions. With increasing assistance from the World Bank and other donors, microfinance is emerging as an instrument for reducing poverty and improving the poor's access to financial services in low-income countries. This book examines the experiences of the Grameen Bank and two other major microcredit programmes in Bangladesh in order to quantify the potential and limitations of microcredit programs as an instrument for reducing poverty and delivering financial sevices to the poor.

About the Author:

Shahidur R. Khandker is a senior economist in the Poverty Reduction and Economic Management Network of the World Bank.

About this edition

• Publisher: World Bank Publications
• Publication date: 1998
• ISBN 10: 0195211219
• ISBN 13: 9780195211214
• Binding: Paperback
• Number of pages: 244