On Going Research-02
“Causes of borrowers’ drop-outs and its impact on Microfinance institution: A case study on Prottyashi Microfinance activities”
Over the last three decades, microfinance has captured the attention of donors and policy makers for its ability to provide credit to the poor who have no access to commercial banks. The purpose is that with additional income and determination, poor people can set up income generating activities in order to reduce their vulnerability and combat poverty. The success of microcredit programs have been well documented in numerous studies. Many practitioners have a strong belief that microfinance can contribute positively in the lives of low income households. These studies have shown that clients of microfinance institutions witnessed a positive impact at different levels: at a household level, by increasing their income and their consumption at an enterprise level, by contributing to capital accumulation and creation of employment opportunities and last but not least, at the community level, by employing new workers within poor groups. (more…)