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Questioning Bangladesh's Microcredit

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

Challenge, 2008, vol. 51, issue 6, 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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DOI: 10.2753/0577-5132510608

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