The Impact of Grameen Bank Micro Credit Program on Alleviating Poverty and Empowering Women

Abstract

The study demonstrates the objective of report which is to illustrate about the role of microcredit on the poor people. This study intends to find out what is the role of micro-credit facilities of Grameen bank in reducing poverty and women empowerment in khurigram branch, Grameen bank branch to collect required secondary sources were used. A poverty alleviation index was built by using questionnaire. The researcher divided the sample into two categories, Grameen bank members present position and previous position. An independent sample, Based on the findings the researcher provided some recommendations. The Grameen bank should decrease its interest rate to make it more feasible for poor participate in Grameen bank micro-credit program. The study concluded that micro-credit has positive impact on poor people. Grameen banks micro-credit is helping poor people to get rid of financial misery and poverty.