Questioning Bangladesh's Microcredit

Rafiqul Islam Molla, Md. Mahmudul Alam () and Abu N. M. Wahid

Challenge, 2008, vol. 51, issue 6, pages 113-121

Abstract: Microlending is widely seen as a development program that has worked for the world's poor. But there has been inadequate study of the results. The authors undertook a pilot study in Bangladesh, and their results are deeply disappointing. A high proportion of loans are taken for consumption, not investment, and make little contribution to the creation of jobs.

Date: 2008

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