Women and Microcredit in Rural Bangladesh: An Anthropological Study of Grameen Bank Lending FROM THE PUBLISHER
This book examines women borrowers' involvement with the microcredit program of the Grameen Bank, and the grassroots lending structure of the bank; it illustrates the implications of Grameen lending for the borrowers, their household members, and bank workers. The focus of the study is on the processes of village-level microcredit operation; it addresses the realities of the day-to-day lives of women borrowers and bank workers and explains informant strategies for involving themselves in this microcredit scheme.
FROM THE CRITICS
Booknews
Bangladesh-born Rahman studied social anthropology and is now in Canada researching small firms in international development. Here he looks at a bank that has been making small loans to poor borrowers, mostly women, to promote self-employment and income generation in Bangladesh since 1971. He finds that its overwhelming success in terms of recruiting clients, investing loans, recovering loans, and profit margins make microcredit a new model for poverty alleviation and sustainable development. He attributes the success to the joint liability model of lending, in which peers pressure borrowers for timely repayments. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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