Micro-credit vs. Group savings – different pathways to promote affordable housing improvements in urban Bangladesh

Rahman, Md. Ashiq Ur; Ley, Astrid

doi:10.1016/j.habitatint.2020.102292

Cited by 14 publications

(9 citation statements)

References 29 publications

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“…Yap (2016) submitted that the private sector is instrumental to success in AH provision in consonance with Bredenoord et al (2014) who advanced that the private sector is needed for AH finance interventions. Group savings and micro‐credits provided by private and non‐governmental organisations (NGOs) in Bangladesh were instrumental to success in AH finance (Rahman & Ley, 2020) in alignment with earlier studies (Boonyabancha & Kerr, 2018; Boonyabancha & Mitlin, 2012; Karim, 2011). Government partnership with NGOs such as churches also enhanced AH provision in Nigeria (Anierobi & Obasi, 2021).…”

Section: Literature Reviewsupporting

confidence: 65%

“…Experts also advocated for deliberate public‐private partnership strategies to engage the private sector in a manner that favours the urban poor without shortchanging the private institutions. Successful affordable housing finance as a result of government's partnership with private institutions in different parts of the world is popular in scholarly discussions (Anierobi & Obasi, 2021; Boonyabancha & Kerr, 2018; Boonyabancha & Mitlin, 2012; Karim, 2011; Karuaihe & Wandschneider, 2018; Rahman & Ley, 2020; Sandhu, 2013; Sripanich et al, 2015; Yap, 2016).…”

Section: Data Analysis and Interpretationmentioning

confidence: 99%

“…This is in harmony with scholastic standpoint that activities within informal settlements can inform appropriate ways to address their problems and render slum formation redundant (Amoako & Boamah, 2017; Average, 2019; Sripanich et al, 2015; Yap, 2016). The relevance of informal finance strategies in affordable housing is a popular scholarly opinion (Davidson et al, 2007; Karuaihe & Wandschneider, 2018; Patel, 2013; Patel & Bartlett, 2016; Rahman & Ley, 2020; Sripanich et al, 2015; Tariq, 2012). Informal strategies will require deliberate policies to control activities of the informal agencies to prevent management challenges (Sripanich et al, 2015).…”

Section: Data Analysis and Interpretationmentioning

confidence: 99%

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Effective affordable housing provision in developing economies: An evaluation of expert opinion

Akinwande

Hui

2023

Sustainable Development

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Housing the urban poor is a prevalent challenge in developing economies, regardless of the research attention and policy interventions over the years. It becomes essential to employ innovative approaches in investigating the challenge of affordable housing (AH) provision to achieve effective AH provision in developing economies. It is pragmatic to thoroughly explore expert solutions to the difficult task of housing the urban poor. To achieve this, focus group discussion and semi‐structured interviews with housing experts in Nigeria were conducted in this study. The recordings were transcribed and analysed using NVivo; following descriptive, content and thematic analyses of data we found that deliberate government policies to include the urban poor are the most significant housing solutions consistent across the entire housing supply value chain (HSVC). Major findings are that mainstreaming the use of alternative housing construction materials and strategies, deliberate finance models to target the urban poor and deliberate reservation of some urban land for housing the urban poor are strategies that will enhance AH provision. These are insights into critical solutions to AH constraints and are informative for effective AH provision for the urban poor in Nigeria; an essential ingredient for sustainable development goals. This study is first to explore experts' opinions in relation to HSVC to showcase significant solutions to AH provision challenges. Data from this study are essential for future pro‐poor housing studies. Recommendations are that AH interventions should be informed by research for more effective and sustainable results.

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Section: Literature Reviewsupporting

confidence: 65%

Section: Data Analysis and Interpretationmentioning

confidence: 99%

Section: Data Analysis and Interpretationmentioning

confidence: 99%

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Effective affordable housing provision in developing economies: An evaluation of expert opinion

Akinwande

Hui

2023

Sustainable Development

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“…For these reasons, low‐income people depend on informal financial sources for their basic financial needs. The majority of microfinance institutions (MFIs) state their main objective for offering microfinance to poor people is to assist them to develop micro‐enterprises and other income‐generating projects, since they are unable to reach formal financial institutions (Rahman & Ley, 2020; Wajdi Dusuki, 2008). Microfinance providers offer a wide range of services to accommodate poor clients who wish to develop their small‐scale businesses (Ashta, 2020; Tanima et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Elements of microfinance on spatial poverty alleviation in Sri Lanka: Structural equation modeling

Kumari

2022

Poverty & Public Policy

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Sri Lanka being a developing country, its poverty can be identified as a serious issue for the development of the country. Poverty can be identified as a spatial characteristic in Sri Lanka which can be seen in the high poverty rates in several areas as the result of disparities of natural and physical resources distribution and, geographical disadvantages. Microfinance has been identified as a significant tool for eradicating poverty in many Asian countries after the 1990s. Sri Lanka also launched several microfinance programs to reduce poverty in the country.Despite the availability of microfinance in Sri Lanka, very few studies have been carried out; therefore, only limited knowledge of the empirical and theoretical impacts of the various microfinance elements on poverty alleviation is available. This study is an attempt to remedy this paucity of knowledge. Primary data were gathered through a Likert scale questionnaire that was distributed among 497 borrowers of the Samurdhi microfinance program. This sample was chosen from five districts of Sri Lanka.Structural Equation Modeling was used for testing the hypotheses. The findings of the study revealed that microcredit was the most significant element of microfinance for alleviating spatial poverty in Sri Lanka. Nonfinancial Services and Insurance Services also had a positive impact on spatial poverty alleviation. Micro Savings and Social Intermediation Services did not have a notable positive impact on spatial poverty alleviation in

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“…All these studies emphasize the need for credit in loans or mortgages to aid access to housing properties. Most households in the global south, such as Nigeria, struggle to access housing finance for construction and maintenance works mainly because they are primarily low-middle income earners (Rahman & Ley, 2020). This is not the case in high-income economies, where 27% of adults reported having an outstanding housing loan.…”

Section: Introductionmentioning

confidence: 99%

Evaluation of women’s access to building credits from banks in Nigeria

Afolabi

Akinlolu

2021

Banks and Bank Systems

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Women are responsible for the fastest economic growth in the world through their commercial activities. Despite this notable act, women in developing countries are most times sidelined in accessing financial incentives from banks. The purpose of this study was to evaluate the criteria used by banks and the problems encountered by women in accessing building credits in Nigeria. The study used a cross-sectional survey research design that utilized an electronic questionnaire instrument. The data obtained were analyzed using frequencies, percentages, 100% stacked bars, mean score, ANOVA, and categorical regression (CAT-REG) tests. The result revealed that the primary criteria to access building credits across different banks in Nigeria were the source of income/level of income, credit status/review, and the value of the collateral. When women can access building credits from banks, it can lead to improved living conditions for women, improved work-life, and benefits for their children. However, the lack of collateral, lack of financial literacy, lack of formal employment, and lack of right to ownership of property are limiting factors in women lending from banks. Furthermore, gender discrimination, lack of financial literacy, and low educational background could influence women’s access to building credits from banks. To facilitate the provision of loans to women from banks, it is necessary to improve government policy, economic reforms and banking legislation for women’s access to loans. AcknowledgmentThe article processing charge (APC) for this paper was supported by Covenant University Centre for Research, Innovation and Discovery, Nigeria.

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Micro-credit vs. Group savings – different pathways to promote affordable housing improvements in urban Bangladesh

Cited by 14 publications

References 29 publications

Effective affordable housing provision in developing economies: An evaluation of expert opinion

Effective affordable housing provision in developing economies: An evaluation of expert opinion

Elements of microfinance on spatial poverty alleviation in Sri Lanka: Structural equation modeling

Evaluation of women’s access to building credits from banks in Nigeria

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