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The Moral Economy of Microfinance in Rural Bangladesh: <i>Dharma</i>, Gender and Social Change

Mathilde Maîtrot · 2021 · Development and Change

Summary. Microfinance in rural Bangladesh operates through a moral economy that reinforces existing social hierarchies rather than challenging them. Fieldworkers use moral narratives to legitimize microfinance among men, while framing women's borrowing as dharma—a moral duty to secure male guardianship. Rather than empowering borrowers to escape poverty, microfinance motivates conformity to gendered and hierarchical norms, explaining why people continue borrowing despite underwhelming outcomes.

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Maîtrot, M.. (2021). The Moral Economy of Microfinance in Rural Bangladesh: <i>Dharma</i>, Gender and Social Change. Development and Change. https://doi.org/10.1111/dech.12700

Details

DOI
10.1111/dech.12700
Countries
Bangladesh
Regions
Asia
Categories
funding, policy
Added
2026-04-28