The Economic and Social Impacts of Microfinance : a Case Study of Grameen Bank
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Authors
Cho, Jennifer
Issue Date
2015
Type
Thesis
Language
en_US
Keywords
Alternative Title
Abstract
Grameen Bank became a well-known microfinance institution because of its unique loan program for beggars and group lending. This paper will introduce Grameen Bank and how its credit delivery system develops accumulation of capital, especially social capital, by comparing it to another microfinance institution, Bangladesh Rural Advancement Committee (BRAC), through previous findings. Then, it will present the impact of microfinance on total household expenditure by developing a multivariate regression model using the Ordinary Least Square (OLS). Microfinance does positively influence total expenditure. Furthermore, this relationship implies that microfinance also yields positive effects accumulation of the capital.
Description
iv, 38 p.
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License
U.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.