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Microcredit institutions are currently working to mitigate poverty in Bangladesh. Grameen Bank with its microcredit programs are the pioneer in this field. Dr Younus and his Grameen Bank have given Bangladesh worldwide recognition with its microcredit program in mitigating poverty. However, the concern is to what extent the microcredit is effective in mitigating poverty in Bangladesh focusing on Grameen Bank's microcredit program and other microcredit institutions. Grameen Bank should reconsider its approach and interest rate and focus more on poverty mitigation rather than profit making. The…mehr

Produktbeschreibung
Microcredit institutions are currently working to mitigate poverty in Bangladesh. Grameen Bank with its microcredit programs are the pioneer in this field. Dr Younus and his Grameen Bank have given Bangladesh worldwide recognition with its microcredit program in mitigating poverty. However, the concern is to what extent the microcredit is effective in mitigating poverty in Bangladesh focusing on Grameen Bank's microcredit program and other microcredit institutions. Grameen Bank should reconsider its approach and interest rate and focus more on poverty mitigation rather than profit making. The same is applicable to other microcredit institutions as well. The government should work together with Grameen Bank and other microcredit institutions and collaborate with them in the fight against poverty.
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Autorenporträt
Raihanul Muhammad Harun nació en 1980 en Bangladesh. Su nombre de pila es Raihan. Obtuvo su licenciatura en literatura inglesa en la Universidad de Chittagong (Bangladesh) y la maestría en literatura inglesa en la misma institución. Más tarde hizo su maestría en Desarrollo Internacional en la Universidad de Birmingham, Reino Unido.