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LAP Lambert Academic Publishing The Ineffective Policies of Microfinance Institutions (MFIs): A Reflective Analysis: The case of Bangladesh

Name: The Ineffective Policies of Microfinance Institutions (MFIs): A Reflective Analysis: The case of Bangladesh
Brand: LAP Lambert Academic Publishing
Price: 51.0 GBP
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Microfinance Institutions (MFIs) claim to use the tool of “microfinance” to eradicate poverty. They assure that the financial situation of each of the borrower will be financially improved. In this mechanism, a tiny amount of loan is given for a specific period of time and borrowers are required to repay the loan with interest on weekly basis in the form of installments. This study is designed to investigate whether or not borrowers’ financial conditions have improved through microfinance. The effect of microfinance on borrowers is examined by conducting a survey. Descriptive statistics and Binary Logistic Regression Model have been employed to validate the research. MFIs claim that they are successful in eradicating poverty but the result of this study has proven otherwise. The majority of the respondents have confirmed that their financial situation did not improve. On the contrary, their income level has reduced. Besides the income reduction, the result of this study shows that MFIs has a negative impact on the socio-economic welfare of the people.

Product Specifications

Brand: LAP Lambert Academic Publishing
Format: paperback
ASIN: 3846523348
Category: Books > Subjects
Domain: Amazon UK
Release Date: 18 October 2011
Listed Since: 19 October 2011

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LAP Lambert Academic Publishing The Ineffective Policies of Microfinance Institutions (MFIs): A Reflective Analysis: The case of Bangladesh

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LAP Lambert Academic Publishing The Ineffective Policies of Microfinance Institutions (MFIs): A Reflective Analysis: The case of Bangladesh

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