rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Seasonality and Microcredit
    sub title: The Case of Northern Bangladesh
  name:
    name part: Shonchoy, Abu S.
    role:
      role term: editor.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: ja
    date issued: 2014
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XVII, 107 p. 43 illus., 16 illus. in color. online resource.
  abstract: The mismatch between credit repayments and income seasonality can create serious distortions. However, typically Micro-Finance Institutes (MFIs) do not provide any adjustments due to the income seasonality. For instance in Northern Bangladesh, Income and consumption downfalls during the time of post-Aman rice plantation seasons are quite regular phenomenon which is locally known as “Monga”. Poor landless agricultural wage laborers suffer the most due to this seasonality and usually they face difficulty to smooth their consumptions. As a result, it is extremely difficult to arrange the regular weekly loan repayments of the micro-credit, which they have taken during the productive part of the year. Using field experiments through RCTs in Northern Bangladesh, we randomly assigned seasonality adjusted flexible micro-credits and traditional rigid micro-credit to different borrowing groups. Examining the repayment behavior of the borrowers in the context of geographical classifications and loan designs; employing both survey and experimental methods, this study allows us to see the consequences of flexible loan repayment rules during the lean periods, and how they affect both MFIs and participating borrowers. The findings of this study have important policy implications for MFIs and policy-makers of the developing countries.
  table of contents: Chapter 1 Introduction -- Chapter 2 Overview and current practice of Micro-finance across the world -- Chapter 3 Seasonality affecting Micro-credit in Bangladesh -- Chapter 4 Socio-economic scenarios of the sampled areas with sample data -- Chapter 5 Details of the experiment design -- Chapter 6 Impact of micro-credit on migration and food consumption -- Chapter 7 Repayment behaviour of borrowers -- Chapter 8 Conclusion.
  note: edited by Abu S. Shonchoy.
  subject:
    topic: Business ethics
  subject:
    topic: Finance
  subject:
    topic: Development economics
  subject:
    topic: Economics
  subject:
    topic: Development Economics
  subject:
    topic: Finance, general
  subject:
    topic: Business Ethics
  classification: HD72-88
  classification: 338.9
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: SpringerBriefs in Economics
  identifier: 9784431550105
  identifier: http://dx.doi.org/10.1007/978-4-431-55010-5
  record info:
    record creation date: 140602
    record change date: 20151204172955.0
    record identifier: 978-4-431-55010-5