Attitude of Women Beneficiaries Towards Grameen Bank Micro-credit Program
Attitude of Women Beneficiaries Towards Micro-credit Program
Md. Siddique -E- Azam1, M. Zamshed Alam2, Sohail Maskawat3 Shilpi Kundu4 and Abrar Hossen5
ABSTRACT
Eight selected personal characteristics of women were described, which include- age, education, family size, family annual income, farm size, credit availability, mobility and level of aspiration in life with dependent variable of attitude towards microcredit program by women beneficiaries. The result of analysis of attitude towards micro-credit program by women beneficiaries was found significant where 42 percent women had moderately favorable attitude and another 37 percent and 21 percent women had highly favorable and poorly favorable attitude towards micro-credit program respectively. Eight null hypotheses were tested to explore the relationship between eight independent variables and attitude towards micro-credit program by women beneficiaries. Five null hypotheses out of eight were rejected. Among these age, family size, credit received, mobility and level of aspiration in life were significantly related. On the other hand education, annual income and farm size didn’t show any significant relationship with the attitude towards micro-credit program by women beneficiaries. This implied that the micro-credit program had a positive effect on change in socio-economic condition and empowerment of rural women. That’s why the women showed a positive and favorable attitude towards micro-credit program.
INTRODUCTION
Micro-credit program has now become a buzzword in many low incoming countries that specially target to the poor. Many of these programs specifically target the women based on the view that they are more likely than men to be credit constrained. The Grameen Bank of Bangladesh is considered to be the founder organization of this program. To fight against poverty NGOs in Bangladesh have taken micro-credit program as the way of poverty alleviation. Almost all the NGOs and GOs along with
Md. Siddique -E- Azam1, M. Zamshed Alam2, Sohail Maskawat3 Shilpi Kundu4 and Abrar Hossen5
ABSTRACT
Eight selected personal characteristics of women were described, which include- age, education, family size, family annual income, farm size, credit availability, mobility and level of aspiration in life with dependent variable of attitude towards microcredit program by women beneficiaries. The result of analysis of attitude towards micro-credit program by women beneficiaries was found significant where 42 percent women had moderately favorable attitude and another 37 percent and 21 percent women had highly favorable and poorly favorable attitude towards micro-credit program respectively. Eight null hypotheses were tested to explore the relationship between eight independent variables and attitude towards micro-credit program by women beneficiaries. Five null hypotheses out of eight were rejected. Among these age, family size, credit received, mobility and level of aspiration in life were significantly related. On the other hand education, annual income and farm size didn’t show any significant relationship with the attitude towards micro-credit program by women beneficiaries. This implied that the micro-credit program had a positive effect on change in socio-economic condition and empowerment of rural women. That’s why the women showed a positive and favorable attitude towards micro-credit program.
INTRODUCTION
Micro-credit program has now become a buzzword in many low incoming countries that specially target to the poor. Many of these programs specifically target the women based on the view that they are more likely than men to be credit constrained. The Grameen Bank of Bangladesh is considered to be the founder organization of this program. To fight against poverty NGOs in Bangladesh have taken micro-credit program as the way of poverty alleviation. Almost all the NGOs and GOs along with
References: BBS.(2009), Statistical Yearbook of Bangladesh. Bangladesh Bureau of Statistics, Ministry of Planning, Government of the People’s of Republic of Bangladesh, Dhaka. Khan A. Md. 2006, Impact of Grameen Bank Micro-Credit Program Towards Uplifting The Socio Economic Condition of Rural Women Beneficiaries, Department of Agricultural Extension and Information System, SAU. Kohinur S. 2007, Impact of Grameen Bank Micro-credit on Change in Livelihood Status and Decision Making Ability of Women Beneficiaries. M.Sc. (Ag.Ext.Ed.) Thesis. Department of Agricultural Extension Education, Bangladesh Agricultural University, Mymensingh, Bangladesh. Siddique -E- Azam Md. 2010, Effect of Grameen Bank Micro-credit Program on Change in Socio-economic Condition and Empowerment of Rural women, Department of Agricultural Extension and Information System, SAU.