Does RDA-credit differ from others’ microcredit? A case study of Bangladesh
Majid Pramanik and
Additional contact information
Majid Pramanik: College of Economics and Management, Northwest A&F University, 3 Taicheng Road, Yangling, Shaanxi, China-712100.
Lu Qian: College of Economics and Management, Northwest A&F University, 3 Taicheng Road, Yangling, Shaanxi, China-712100.
E3 Journal of Business Management and Economics., 2012, vol. 3, issue 10, 330-340
Although Bangladesh is the pioneer adopter of modern microcredit approach but the credit mechanisms are not similar for all Microfinance Service Providers. This paper describes the credit mechanisms of Grameen Bank, Thengamara Mohila Sabuj Sangha, Association for Social Advancement, and RDA-credit. The article found that all selected microfinance service providers targeted poor clients, but their client selection process, service charge, credit allocation, priority to women, demand based credit, enterprise skill development and monitoring and supervision differed. Every institution has its own justification for adopting a distinct approach. However, RDA-credit mechanism is considered to be successful and sustainable because it has ensured supervisory and educative credit which is not common in general. It is also suggested to have mutual learning and cross fertilization among various microfinance service providers.
Keywords: Microcredit mechanism; Grameen Bank; Thengamara Mohila Sabuj Sangha; Association for Social Advancement; RDA-credit; Bangladesh. (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://e3journals.org/cms/articles/1353246193_Majid%20and%20Lu.pdf Full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:etr:series:v:3:y:2012:i:10:p:330-340
Access Statistics for this article
More articles in E3 Journal of Business Management and Economics. from E3 Journals
Bibliographic data for series maintained by Andrew Godwin ().