Microfinance as a Development and Poverty Alleviation Tool in Rural Bangladesh: A Critical Assessment
Summary. Microfinance programs in rural Bangladesh fail to reduce poverty effectively due to high interest rates, small loan amounts, and staff corruption. Beneficiaries face weekly repayment demands and harassment. Broader structural problems—lack of jobs, education, healthcare, natural disasters, and rising living costs—perpetuate poverty despite microfinance access. The study concludes microfinance alone cannot address multidimensional poverty without complementary development interventions.
Cite this article
Ali, I., Hatta, Z. A., Azman, A., & Islam, M. S.. (2016). Microfinance as a Development and Poverty Alleviation Tool in Rural Bangladesh: A Critical Assessment. Asian Social Work and Policy Review. https://doi.org/10.1111/aswp.12106
Ali, Isahaque, et al. “Microfinance as a Development and Poverty Alleviation Tool in Rural Bangladesh: A Critical Assessment.” Asian Social Work and Policy Review, 2016. https://doi.org/10.1111/aswp.12106.
Ali, Isahaque, Zulkarnain A. Hatta, Azlinda Azman, and Md. Shariful Islam. 2016. “Microfinance as a Development and Poverty Alleviation Tool in Rural Bangladesh: A Critical Assessment.” Asian Social Work and Policy Review. https://doi.org/10.1111/aswp.12106.
@article{ali-2016-microfinance-development-poverty-alleviation-tool,
title = {Microfinance as a Development and Poverty Alleviation Tool in Rural Bangladesh: A Critical Assessment},
author = {Isahaque Ali and Zulkarnain A. Hatta and Azlinda Azman and Md. Shariful Islam},
journal = {Asian Social Work and Policy Review},
year = {2016},
doi = {10.1111/aswp.12106},
url = {https://doi.org/10.1111/aswp.12106}
}
TY - JOUR TI - Microfinance as a Development and Poverty Alleviation Tool in Rural Bangladesh: A Critical Assessment AU - Isahaque Ali AU - Zulkarnain A. Hatta AU - Azlinda Azman AU - Md. Shariful Islam JO - Asian Social Work and Policy Review PY - 2016 DO - 10.1111/aswp.12106 UR - https://doi.org/10.1111/aswp.12106 ER -