Microfinance and Poverty: Evidence Using Panel Data from Bangladesh

摘要: Micro-finance supports mainly informal activities that often have low market demand. It may be thus hypothesized the aggregate poverty impact of micro-finance in an economy with economic growth is modest or nonexistent. The observed borrower-level then a result income redistribution short-run generation. Khandker addresses these questions using household level panel data from Bangladesh. findings confirm benefits poorest and has sustained reducing among program participants. also positive spillover impact, at villate level. But effect more pronounced extreme rather than moderate poverty. This paper - product Rural Development, Development Research Group part larger effort group to analyze targeted programs on poor.