The Potential of Urban Microfinance: Illustrations from Bangladesh

Toriqul Bashar, Salim Rashid

Research output: Contribution to journalArticle

Abstract

The high loan recovery rates, which are almost uniformly above 95%, show that the effectiveness of Microfinance Institutions may be due in considerable measure to the social capital that the Microfinance Institutions build and foster. This social capital is an asset capable of doing further good. Microfinance, and its attendant social capital, might be a possible option to help the poor getting access to urban services. Three new directions for urban microfinance have been suggested—infrastructure and housing; informal sector labor; and nursing education.
Original languageEnglish
Pages (from-to)131-141
JournalBritish Journal of Education, Society and Behavioural Science
Volume5
Issue number2
DOIs
Publication statusPublished - 2015

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