ROLE OF MICROCREDIT ON THE RURAL POOR: EVIDENCE FROM GAIBANDHA DISTRICT OF BANGLADESH

Author Name: 1Md.Abdur Rashid, 2Dalowar Hossan, 3Anika Parvin

Volume: 01 &  Issue:

Country: Bangladesh

DOI NO.: 08.2020-25662434 DOI Link: http://www.doi-ds.org/doilink/10.2020-83361451/

Affiliation:

1. Department of Business Administration, Bangladesh Army University of Engineering &Technology (BAUET), Qadirabad, Natore-6431, Bangladesh.
2.  School of Business and Economics (SBE), University Putra Malaysia, 43400 Serdang, Selangor, Malaysia
3. Department of Business Administration, AtishDipankar University of Science and Technology, Dhaka, Bangladesh

ABSTRACT

This paper aims to know the role of microcredit on the rural poor in case of Gaibandha district, Bangladesh. This study also attempts to identify the major problems of living standard of deprived people in affected area. A cross- sectional survey design was used for the study featuring a self-administered questionnaire and data were collected from 100 respondents of 100 poor families of Gabindaganjupazila of Gaibandha district, Bangladesh. Data were analyzed using both qualitative and quantitative approach and the findings revealed that the microcredit help in combating poverty and playing a role of harbinger to save the victim of misery. This study shows the policy implications for regulatory bodies, microcredit providers, NGOs, business community, citizen, investors, and other stakeholders.

Key words: Microcredit, Poverty, NGOs,Gaibandha