Contribution of Grameen Bank Microcredit Program for the Socio-economic Development of Rural Poor Women

Mohammad, Nur

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dc.contributor.author	Mohammad, Nur
dc.date.accessioned	2020-10-19T07:29:35Z
dc.date.available	2020-10-19T07:29:35Z
dc.date.issued	2020-01-04
dc.identifier.uri	http://dspace.daffodilvarsity.edu.bd:8080/handle/123456789/4719
dc.description	Micro-credit turned into another wonder in the present world because of its acknowledgment of a productive weapon to battle against neediness. A present examination demonstrated that, more than 1.3 billion occupants are attempting to win a littler sum one dollar ($1) a day where they are enamored by extraordinary deficiency of fundamental needs, for example, nourishment, material, asylum, treatment and training. As of late colossal achievement has been shown to kill destitution utilizing Micro-credit advance and consistently 1% of all out populace is turning out from neediness. Be that as it may, diminishing destitution is more effective in provincial territories than in urban regions on account of its arbitrary access in remote spots. In consistently a large portion of a billion US dollar are given to 7.5 million borrowers all through the nation as a small scale advance to break the endless loop of destitution. Grameen Bank's exercises and the manner in which it helps colossally to build up the expectation for everyday comforts of poor people and powerless individuals in Bangladesh and urges to apply this model in various nations. Among the miniaturized scale money associations (NGO's) in Bangladesh, Grameen bank is in a main position who is attempting to created poor just as revered individuals giving Micro-credit advances without requiring any guarantee or home loan. The suggestions towards destruction of neediness clarified in segment fifth lastly, social and financial effect of Micro-credit in Bangladesh has been presented. Anyway by and by Grameen movement is managed everywhere throughout the world and committed to make destitution free world. Lightening neediness and making occupations are at the core of the financial improvement objectives. They have become fundamental focuses of phenomenal consideration at many creating and undeveloped nations. Microfinance has demonstrated to be a successful device for battling neediness, making occupations, and improving the prosperity of poor. It has additionally demonstrated to be a motor to poor strengthening particularly ladies through empowering them to deal with their organizations and settle on their choice freely and upgrade their confidence just as their self-viability for the most part microfinance is known as an arrangement of a wide scope of budgetary administrations.	en_US
dc.description.abstract	The Grameen Bank is a self-sustainable microcredit institution that helps to alleviate poverty by offering small loans to the poorest people in Bangladesh. The Bank aids poverty reduction by targeting villagers who are victims of debt cycles created by village loan sharks and overlooked by commercial lenders. Microcredit programs have positive socioeconomic impact on rural women borrowers of Bangladesh. 66% respondents said their economic condition developed than the past, 6% respondents said their social status increased, 20% respondents said they are being self- sufficient and 8% respondents said their lifestyle developed than the past. 48% respondents said they live in their own house, 36% respondents said they live in the rent house, 8% respondents said they live in other relatives shelter and 8% respondents said they live in governments property. Here 64% respondents said they go to the government hospital for treatment, 20% respondents said the go to the NGO clinic for treatment, 8% respondents said they go to the Herbal doctor and 8% respondents said they go to the privet clinic for treatment. 52% respondents said they get home loan from Grameen Bank. 36% respondents said they get education loan and 12% respondents said they have person scream in the Grameen Bank. In this study, 34% respondents said they have the freedom of decision making, 20% respondents said they have freedom of speech, 40% respondents said now they are self- sufficient and 6% respondents said now they are getting priority in their family. Here more than 90% respondents said they send their children to the school and 10% respondents said they don’t send their children to the school. Only 16% respondents said they loan borrow loan from other organization beside Grameen Bank. But more than 84% respondents said they didn’t borrow any loan from other organizations.	en_US
dc.language.iso	en	en_US
dc.publisher	Daffodil International University	en_US
dc.subject	Socio-Economic Status	en_US
dc.subject	Development	en_US
dc.subject	Rural Poor--Bangladesh	en_US
dc.subject	Banks and Banking--Bangladesh	en_US
dc.title	Contribution of Grameen Bank Microcredit Program for the Socio-economic Development of Rural Poor Women	en_US
dc.type	Other	en_US