Show simple item record

dc.contributor.authorAmin, Sajeda
dc.contributor.authorRai, Ashok S.
dc.contributor.authorTopa, Giorgio
dc.date.accessioned2019-04-26T10:37:40Z
dc.date.issued1999-10
dc.identifier.citationAmin, Sajeda, Ashok S. Rai, and Giorgio Topa. “Does Microcredit Reach the Poor and Vulnerable? Evidence from Northern Bangladesh.” CID Working Paper Series 1999.28, Harvard University, Cambridge, MA, October 1999.en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:39467497*
dc.description.abstractSubsidized loans have a history of being diverted to the rich. Yet recently microcredit programs, such as the Grameen Bank in Bangladesh, have become popular among donors and governments as a way to channel funds to the poor. This paper uses a unique panel dataset from two Bangladeshi villages to test if the modern microcredit movement is different from its predecessors. Poverty is measured by levels of consumption. Vulnerability is measured as fluctuations in consumption associated with inefficient risk sharing. We find that subsidized credit is largely successful at reaching the poor and vulnerable. The probability that a microcredit member is below the poverty line is substantially higher than that of a randomly picked household in both villages. In the village where female headed households were found to be vulnerable, nearly half of the female headed households belonged to microcredit programs yet only a quarter of male headed households were microcredit members. While restricting loans to the landless is not effective in reaching the poor and vulnerable, targeting female headed households is.en_US
dc.language.isoen_USen_US
dc.publisherCenter for International Development at Harvard Universityen_US
dc.relation.isversionofhttps://www.hks.harvard.edu/centers/cid/publicationsen_US
dash.licenseLAA
dc.titleDoes Microcredit Reach the Poor and Vulnerable? Evidence from Northern Bangladeshen_US
dc.typeResearch Paper or Reporten_US
dc.description.versionAccepted Manuscripten_US
dc.relation.journalCID Working Paper Seriesen_US
dc.date.available2019-04-26T10:37:40Z


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record