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Implications of Financial Innovations for the Poorest of the Poor in the Rural Area: Experience from Northern Bangladesh

Mohammed Emrul Hasan · 2003 · ScholarsArchive (Brigham Young University)

Summary. Microfinance programs like Grameen reach only upper-level poor in rural Bangladesh and offer limited services with rigid procedures. SafeSave's innovative approach succeeded in urban areas but faced challenges when adapted to rural settings due to different economic structures and poverty patterns. Successful rural microfinance requires understanding local poverty dynamics, designing appropriate financial products, identifying the poorest households, and educating clients while motivating service providers.

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Hasan, M. E.. (2003). Implications of Financial Innovations for the Poorest of the Poor in the Rural Area: Experience from Northern Bangladesh. ScholarsArchive (Brigham Young University). https://scholarsarchive.byu.edu/esr/vol5/iss2/6

Details

Countries
Bangladesh
Regions
Asia
Categories
funding, entrepreneurship
Added
2026-04-28