Title
Microfinance or Debt Trap: Case for Yunus' Grameen Bank in Bangladesh: Income Impact of Grameen Bank on the Rural Poor in Bangla,Used
Delivery time: 8-12 business days (International)
The idea of ?microfinance' is, in fact, the brainchild of Muhammad Yunus, a Nobel Laureate (2006) Economics Professor of the University of Chittagong in Bangladesh, who materialized his idea into a project initiated in the village compound of ?Jobra' closed to that university in 1976. In 1983, the project was transformed into a fullfledged microfinance institute named as Grameen Bank (GB). Until today the age of GB is more than 30 years, but how far has the poverty been eradicated from the society is an empirical question. No longterm study has, however, found how often borrowers graduate to the status of nonpoor. The present study based on empirical analysis shows that GB's microfinance program has no statistically significant impact on increasing income of the rural poor. Based on the outcomes of other studies, it is observed that GB is no more a conduit of alleviating rural poverty, rather it appears to have a devastating negative impact on the status of the rural poor that is termed by the experts as a ?debt trap' or a ?death trap' for the rural destitute in Bangladesh.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.