Credit for the Poor: The Experience of Rural Development Scheme of Islami Bank Bangladesh Ltd.

Abstract

Islami

Islamic Microfinance and Its Impacts on Borrowers: A Systematic Review From 1995-2015

“…Khan (2010) and Ullah (2011) found from their empirical investigation in Pakistan that if the loan is provided to the 40 or more age's clients this will increase their income and social welfare. On the other hand, Uddin, (2008) argued that comparatively, young age person is better to put dedication, willingness, and importance to be success in business…”

“…Bhuiyian et. All (2013), Uddin (2008), Ahmad (2002, also studied the impact on same countries and same IMFIs. The authors found that RDS microfinance borrowers are using the loan to increase their income.…”

“…Uddin (2008) examined the impact of RDS of IBBL on the socio-economic development of its members. The author found that RDS positively make an impact in the case of food intake, child education, housing, clothing, medical treatment, use of clear pure water, use of the toilet.…”

Economic Impact of MAB Microfinance Program on Borrowers Household: Evidence from Rural Area of Bangladesh

“…[15], [16] and [17] also studied the impact on same countries and same IMFIs. The authors found that RDS microfinance borrowers have a better record of using the loan for income generating activities.…”

“…On the other hand, the literature showed that microfinance borrowers' income and expenditure are affected by some factors. Many researchers such as [13], [14], [17], [18] [23], [24], used many factors such as amount of loan, training etc. Thus, this study considered these factors as the independent variables.…”