Research Article | OPEN ACCESS
Microcredit Impact on Children's Education and Women Empowerment: A Review Experience of Grameen Bank Microfinance Schemes in Bangladesh
1Abul Bashar Bhuiyan, 1Chamhuri Siwar, 2Abdul Gaffer Ismail and 1Tareq Bin Hossain
1Institute for Environment and Development (LESTARI), National Universitiof Malaysia (UKM), Bangi-43600, Selangor, Malaysia
2Research Graduate at Institute for Environment and Development (LESTARI), UniversitiKebangsaan Malaysia (UKM), Bangi-43600, Selangor, Malaysia
3Research Graduate at Institute for Environment and Development (LESTARI), Universiti Kebangsaan Malaysia (UKM), Bangi-43600, Selangor, Malaysia
Research Journal of Applied Sciences, Engineering and Technology 2013 1:66-71
Received: February02, 2012 | Accepted: May 22, 2012 | Published: January 01, 2013
Abstract
This paper reviews empirical evidence on the common findings from the existing literature on Grameen Bank microcredit performance on the borrower’s literacy of children and empowerment in Bangladesh. The study collected relevant findings from the existing literature from the various sources. The study output revealed that Grameen Bank members are doing well to increase the borrower’s literacy of children and empowerment compared to non members and control groups. However, the literatures also record few criticisms about the effective uses of microcredit rather than commercial mentality for profit making of MFIs.
Keywords:
Children educations, empowerment, grameen bank, MFIs and Bangladesh, microcredit,
Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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