The role of micro credit to rural

Health and Nutrition There is positive program placement effect on nutrition status. But relying primarily on the credit demand of poorly educated entrepreneurs may prove too costly for microcredit programs to survive and become cost-effective. They are the most deprived of the society and majority of them are extremely poor.

womens micro credit groups

Economic security and decision making For each of four economic issues, women were asked how their households arrived at decisions and whether they themselves spent money on such projects. Although group pressure creates incentives to repay loans, enforcing group pressure and discipline involves costs.

The second BIDS survey suggests that nominal household income increased by 19 percent in program villages and by only Specific targets of rural development in today's Bangladesh include the rural poor, especially the more disadvantaged groups of women and children.

Micro credit in india

However, both microcredit programs require that women travel to a weekly meeting within the village. Microcredit programs must find ways to reduce administrative costs as well as subsidy dependence. For each issue, less than 3 percent of respondents answered that they themselves decided on these issues alone. Such views, although, do not negate the role of credit, fail to appreciate the role of credit on its own merit. Household income grew over the study period, driven by rising non-farm income. Education of women 8. They need to have engaged in income generating activities. This serves to expose women to a broader world and to increase their relationships with non-family members. Employment, Wage and Income The participant households are better able to ensure more employment on own farms due to their better access to the land rental market. This reflects customary and religious restrictions on women's mobility outside the home. Economic security and decision making For each of four economic issues, women were asked how their households arrived at decisions and whether they themselves spent money on such projects. Furthermore, even where there is an increase in income for women, there may be no control by women over income. On the contrary, the positive relationship between microcredit and independent savings is significant at the 1 percent level in all the models, from the most basic without independent control variables to the most comprehensive model with all the independent control variables. In the long run the cost-effectiveness of microcredit depends on how fast it can enhance borrowers' abilities.

Decision making power within the household 7. Once this right is established, the entitlement to other rights for leading a dignified life becomes easier. Most of the practitioners believe that credit plays a vital role as an instrument of intervention for a poor person to discover her potential and to stride for better living.

Economic security and decision making 7. This reflects customary and religious restrictions on women's mobility outside the home. The authors recommend that the MRA put policies in place to protect smaller MFIs and prevent monopolization of the sector. Even in the case where women control the loan, this may not result in significantly increased incomes.

The use of pure drinking water from hand tublewell was found universal.

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