Can I read Women and microcredit in rural Bangladesh : an anthropological study of the rhetoric and realities of Grameen Bank lending on EtoBox?

Women and microcredit in rural Bangladesh : an anthropological study of the rhetoric and realities of Grameen Bank lending by Aminur Rahman is a nonfiction available to read on EtoBox.

What is Women and microcredit in rural Bangladesh : an anthropological study of the rhetoric and realities of Grameen Bank lending about?

The Grameen Bank of Bangladesh has been extending small loans to poor borrowers (primarily women) to promote self-employment and income generation since 1976. The apparent success of the Grameen Bank (that is, recruitment of clients, investment of loans, recovery rates on invested loans and profit margins) has made microcredit a new model for poverty alleviation and sustainable development. Anthropological research results on Grameen Bank lending to women presented in this book, however, illuminates the link between the success of the bank and debt-cycling of borrowers. The priority of earning profits to insure institutional economic viability caused Bank employees at the grassroots level to emphasize increasing the number of loans disbursed and loan recovery. By using the joint liability model of lending, the Bank workers and borrowing peers impose intense pressure on clients for timely repayment. Many borrowers maintain their regular payment schedules, but do so through a process of loan recycling (that is, pay off previous loans with new ones) that considerably increases borrower debt liability. The debt burdens on individual households in turn increase tension and anxiety among

Who reads Women and microcredit in rural Bangladesh : an anthropological study of the rhetoric and realities of Grameen Bank lending?

Author

Aminur Rahman

Publisher

Routledge

Published

2001

Language

EN

ISBN

9780367314019

Category

nonfiction

Subjects

Political Science, Science, Economics