The Impact of Microfinance Programs on Borrowers’ Asset Accumulation: An Empirical Study in Bangladesh

• 발행기관: 한국유통과학회
• 저자명: Shamsuddin AHAMAD Abul Bashar BHUIYAN Mohammad SOLAIMAN Mohd Hasanur Raihan JOARDER
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 8 No.5, 1147~1154쪽, 전체 8쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2021.05.30

영문 초록

The study aimed to investigate the impact of the microfinance program on loan borrowers’ asset accumulation. In doing this, the study used descriptive and statistical methods to achieve the objectives. Primary data were collected from 192 respondents from Bangladesh using survey questionnaires. The data were analyzed using the multiple linear regression model. The result revealed that the majority of the borrowers said their assets such as farm, land, and livestock remained the same, which implies that microfinance borrowers still lag behind accumulating household assets. However, in the case of housing conditions and household appliances, there was a marginal increase. The regression result provides evidence that, among other factors, the amount of loan received from microfinance institutions and time duration with them is the most significant role-playing factor for borrower’s sustainable well-being. The age and education level of borrowers are identified as positively related to asset accumulations, but not substantially so. Moreover, training provided by microfinance institutions is not effective and influential for microfinance borrowers’ wealth accumulation, which is evidenced by the findings. This study’s insights are worthwhile for any microfinance institution’s decision-makers, development partners, and government to stress the shortcomings and accelerate the borrower’s wealth status.

목차

1. Introduction

2. Literature Review and Hypotheses

3. Data and Methods

4. Results and Discussion

5. Conclusion

키워드

Microfinance Sustainability Asset Accumulation Bangladesh