Flexible Micro Finance Program: Effectiveness and Efficiency to Reach the Extreme Poor

Авторы

  • Meherun AHMED Asian University for Women
  • Baqui KHALILY University of Dhaka
  • Abdul KHALEQUE University of Dhaka
  • S. Nafisa NAWAL BRAC University

Ключевые слова:

Flexible Credit, Saving, Ultra poor, Bangladesh, Microfinance Institutes, PLAN International

Аннотация

Following widespread criticisms of the conventional MFI framework, Plan Bangladesh, an INGO devised a flexible credit scheme characterized by door to door collection of deposits and loan repayments on a day to day basis. The scheme departs from the joint liability mechanism practiced by traditional MFIs in an effort to disburse services to the ultra poor, who are often excluded by community screening mechanisms as well as service providers. This paper aims to test the viability of a flexible scheme offering products developed through participatory market research targeted at individuals. We find the scheme to be highly effective, enhancing income of ultra poor households as well as providing adequate leverage for asset accumulation.

Опубликован

30-11-2017

Как цитировать

AHMED, M., KHALILY, B., KHALEQUE, A., & NAWAL, S. N. (2017). Flexible Micro Finance Program: Effectiveness and Efficiency to Reach the Extreme Poor. Eurasian Journal of Business and Economics, 10(20), 47-70. извлечено от https://ejbe.org/index.php/EJBE/article/view/186

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Articles