Bangladesh is a pioneer and home of conceptualizing microfinance program. It has taken so many programs to reduce poverty and bring about socio-economic changes in the rural community. Since 1993, Muslim Aid UK, Bangladesh (MAB) is working with poor vulnerable people to improve their socioeconomic status through delivering interest-free microfinance in Bangladesh. This study is, therefore, aims to examine the economic impact of MAB microfinance program on borrowers’ household income and consumption expenditure. Towards the achievement of its objectives, this study used descriptive and statistical techniques. To assess the impacts, primary data were collected from 95 borrowers from Chittagong district of Bangladesh. The simple random sampling method was followed to select the borrowers’. Multiple Linear Regression model were used to analyze the data. The findings revealed that MAB borrower’s income and consumption expenditure increased after receiving the microfinance loan. Based on the results, the findings also revealed that amount of loan, loan sufficiency and religiosity had the most significant effect on income. In case of consumption expenditure, the amount of loan, tenure and loan sufficiency shown the significant effect.
| Published in | International Journal of Economics, Finance and Management Sciences (Volume 4, Issue 5) |
| DOI | 10.11648/j.ijefm.20160405.20 |
| Page(s) | 298-302 |
| Creative Commons |
This is an Open Access article, 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 or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2016. Published by Science Publishing Group |
Impact, Microfinance, Income, Consumption Expenditure, Bangladesh
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APA Style
Shamsuddin Ahamad, Rosni Bakar, Zulkarnain Lubis. (2016). Economic Impact of MAB Microfinance Program on Borrowers Household: Evidence from Rural Area of Bangladesh. International Journal of Economics, Finance and Management Sciences, 4(5), 298-302. https://doi.org/10.11648/j.ijefm.20160405.20
ACS Style
Shamsuddin Ahamad; Rosni Bakar; Zulkarnain Lubis. Economic Impact of MAB Microfinance Program on Borrowers Household: Evidence from Rural Area of Bangladesh. Int. J. Econ. Finance Manag. Sci. 2016, 4(5), 298-302. doi: 10.11648/j.ijefm.20160405.20
AMA Style
Shamsuddin Ahamad, Rosni Bakar, Zulkarnain Lubis. Economic Impact of MAB Microfinance Program on Borrowers Household: Evidence from Rural Area of Bangladesh. Int J Econ Finance Manag Sci. 2016;4(5):298-302. doi: 10.11648/j.ijefm.20160405.20
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Download@article{10.11648/j.ijefm.20160405.20,
author = {Shamsuddin Ahamad and Rosni Bakar and Zulkarnain Lubis},
title = {Economic Impact of MAB Microfinance Program on Borrowers Household: Evidence from Rural Area of Bangladesh},
journal = {International Journal of Economics, Finance and Management Sciences},
volume = {4},
number = {5},
pages = {298-302},
doi = {10.11648/j.ijefm.20160405.20},
url = {https://doi.org/10.11648/j.ijefm.20160405.20},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20160405.20},
abstract = {Bangladesh is a pioneer and home of conceptualizing microfinance program. It has taken so many programs to reduce poverty and bring about socio-economic changes in the rural community. Since 1993, Muslim Aid UK, Bangladesh (MAB) is working with poor vulnerable people to improve their socioeconomic status through delivering interest-free microfinance in Bangladesh. This study is, therefore, aims to examine the economic impact of MAB microfinance program on borrowers’ household income and consumption expenditure. Towards the achievement of its objectives, this study used descriptive and statistical techniques. To assess the impacts, primary data were collected from 95 borrowers from Chittagong district of Bangladesh. The simple random sampling method was followed to select the borrowers’. Multiple Linear Regression model were used to analyze the data. The findings revealed that MAB borrower’s income and consumption expenditure increased after receiving the microfinance loan. Based on the results, the findings also revealed that amount of loan, loan sufficiency and religiosity had the most significant effect on income. In case of consumption expenditure, the amount of loan, tenure and loan sufficiency shown the significant effect.},
year = {2016}
}
TY - JOUR T1 - Economic Impact of MAB Microfinance Program on Borrowers Household: Evidence from Rural Area of Bangladesh AU - Shamsuddin Ahamad AU - Rosni Bakar AU - Zulkarnain Lubis Y1 - 2016/10/17 PY - 2016 N1 - https://doi.org/10.11648/j.ijefm.20160405.20 DO - 10.11648/j.ijefm.20160405.20 T2 - International Journal of Economics, Finance and Management Sciences JF - International Journal of Economics, Finance and Management Sciences JO - International Journal of Economics, Finance and Management Sciences SP - 298 EP - 302 PB - Science Publishing Group SN - 2326-9561 UR - https://doi.org/10.11648/j.ijefm.20160405.20 AB - Bangladesh is a pioneer and home of conceptualizing microfinance program. It has taken so many programs to reduce poverty and bring about socio-economic changes in the rural community. Since 1993, Muslim Aid UK, Bangladesh (MAB) is working with poor vulnerable people to improve their socioeconomic status through delivering interest-free microfinance in Bangladesh. This study is, therefore, aims to examine the economic impact of MAB microfinance program on borrowers’ household income and consumption expenditure. Towards the achievement of its objectives, this study used descriptive and statistical techniques. To assess the impacts, primary data were collected from 95 borrowers from Chittagong district of Bangladesh. The simple random sampling method was followed to select the borrowers’. Multiple Linear Regression model were used to analyze the data. The findings revealed that MAB borrower’s income and consumption expenditure increased after receiving the microfinance loan. Based on the results, the findings also revealed that amount of loan, loan sufficiency and religiosity had the most significant effect on income. In case of consumption expenditure, the amount of loan, tenure and loan sufficiency shown the significant effect. VL - 4 IS - 5 ER -
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