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     Research Journal of Applied Sciences, Engineering and Technology


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
http://dx.doi.org/10.19026/rjaset.5.5085  |  © The Author(s) 2013
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,


References


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.

ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
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