EconPapers    
Economics at your fingertips  
 

Seasonal Deprivation and Microcredit in Northern Bangladesh

Tatsufumi Yamagata

Chapter Chapter 3 in Seasonality and Microcredit, 2014, pp 21-40 from Springer

Abstract: Abstract People in northwest Bangladesh face triple handicaps, i.e., floods, an agricultural lean season, and cold waves. The seasonal deprivation caused by the handicaps, called monga in Bengali, might be attenuated by microfinance if it reached people in need and supplied liquidity to ease their budget constraints. However, the prototype microfinance invented by Grameen Bank included a package of rules that are inharmonious with conditions in northwest Bangladesh. For instance, weekly repayments and attendance at weekly meetings are among the rules of the prototype microfinance. Seasonal floods and resulting seasonal deprivation make these conditions unrealistic. This chapter shows how Grameen Bank, PKSF and other microfinance institutions are attempting to address the rigidity of the prototype microfinance by adding various forms of flexibility in their contracts.

Keywords: Northern Bangladesh; Microcredit; Seasonal deprivation (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-4-431-55010-5_3

Ordering information: This item can be ordered from
http://www.springer.com/9784431550105

DOI: 10.1007/978-4-431-55010-5_3

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:spbchp:978-4-431-55010-5_3