Critisism of the microcredit if NGOs in Bangladesh

The criticism of integ charge per unitd circuit computer curriculums of Nags in Bangladesh A question composition exercised by M. Hoses suicide MS Roll no. 09122453 session 2012-13 surgical incision of Economics Satiny Kabuki Kaki Unusual Islam University. Email address emailprotected Com rant Johan Roll no. 09122444 Email address Acknowledgement It is a enormous honor for us to work on the assigned topic and we belief glad to accomplish our task. Along with our sincerity and interest, on that point are a few(prenominal) masses, who really military serviceed us to make this endeavor to be a booming atomic number 53.At first, we would like to pass our appreciation, gratitude and thanks to our honorable teacher MD. Backchat Duding. His important suggestions and ideas in every step of our work helped us a round to prepare this paper. Special thanks are due to the people of Trials top(prenominal) for helping us in rolling the required data for the work. Finally, we gra nt the profound blessings and kindness of the almighty. Abstract The present register looks the criticism of the integrated circuit architectural plans of Nags in the Trials Apical under Enmeshing district. Here, we use primary data which we collect done field survey.And we found out that there has some hassle of integrated circuit syllabus of Nags. This paper also examines empirically the impact of impute on the study knowledge base and found out that the interest rate of Nags is very high. This study also discusses and suggests ways to overcome the problem. So we organize this paper as follows. The first two sections of the paper provide the introduction, object lens and explain the research methodology. Section three outlines the literature review. Section quaternary explains the boilersuit condition of the integrated circuit program of Nags in the study ambit and also in case of Bangladesh.And section finally provides recommendation and last remarks. Key words Na gs, Microcircuit, interest rate, efficiency of credit rating, socio sparing notation. Background of the study Bangladesh, a country located in the south-east Asian region, inhabits supra 160 gazillion people in 55. 598 sq. Mile. And Bangladesh is one of the least genuine countries, remains a misfortunate, overpopulated, and inefficiently governed national. And poverty is the main problem of this country. instantly a large number of Nags (Non Governmental Organization) are working to excuse the poverty of the masses.They catch played a very signifi good dealt constituent in opening up access to credit for the brusque people in distant areas. During the last three decades the idea of microcircuit helps poor people to build businesses, increase their income and also fight against poverty. Microcircuit has been introduced to coarse communities in Bangladesh as a means of economic and social development. hardly in some cases microcircuit programs of Nags was not so satisfactor y. We study slightly the negative impact of Nags of Trials Apical under Enmeshing district.The total population of this area is 372498 where a total area is 338. 98 sq. Km and 43. 30 percentage (2005, World deposit) people live under poverty line. The study reveals the socio economic condition, microcircuit problem and also the substantiating and negative attitude of Nags in the study area. Objective of the study The core purpose of the study is to diagnose the criticism of Nags operation. The specific objectives area To understanding the record of the problem. 0 To strike the microcircuit problem of the study area. 0 To examine the effects of MONGO vault of heaven in the study area.Methodology of the study The study is an exploratory by nature and is based on both primary and secondary data. We bewilder roll up primary data through questionnaire method. To determine the major problems of microcircuit program of Nags and socio economic condition of Trials Apical primary d ata was collected through field survey. And secondary data are collected from research reports, pertinent published documents including books, different Journals, newspapers, magazines, website, etc that are relevant to the study. Limitation of the study thither are a number of limitations in this study.That area The respondents are expressage (100 respondents or samples) in terms of size and composition. So the result whitethorn not be interpreting the overall situation of the study area. 0 The data collection was restricted only within the Trials Apical in Enmeshing district of Bangladesh which may fail to represent the actual scenario of the whole country. sometimes respondents are biased so we cannot get appropriate data. 0 rough of the respondents are reluctant to give interview because of their experience with previous research works in the area which, according to them, bore no social welfare for them.Literature review Literature review refers the examination of other wor ks that have done by other researchers on the criticism of microcircuit program of Nags in Bangladesh. Eave found that, in our country very few studies have been done by archduchesses Froze Begum, Salt Holmic Zamia and MD. Shania Khan(2004) studied about,Role of Nags in pastoral Poverty Eradication A Bangladesh Observation. In this paper he explores the role of Nags in poverty eradication especially in agrestic area of Bangladesh. He examines that how the Nags of this country are playing a positive and also negative role to the poor people.GAP, Donor Brief (No. 18, may 2004), examines about, The Impact of Interest Rate Ceilings on Magnificence. Here they explore that, interest rate is higher in MONGO than normal Commercial Bank rates and explain that interest rate ceilings al virtually always legal injury the poor people. Sheikh Kabuki Duding Header, studied on Impact of the Nags on socioeconomic conditions in Bangladesh A study on Rajahs District. He get a line that poor people s are benefited who are engaged with MONGO. He also spy some limitations of the MONGO programs.The daily star (Dacha, Deck, 12, 2008) highlighted that, magnificence is not a cure-all for poverty reduction. And here explained the serious problem faced by microcircuit borrowers. David Helm and Paul Mostly (1996) also studied about the impacts of microcircuit programs of Nags. They found that, poor households does not benefited from magnificence. More troubling is the findings that a wide majority of those with starting incomes below the poverty line actually cease up with sees incremental income after getting micro loans. Overview of the study Bangladesh is one of the poorest countries in the world.Here women are deprived by men. Many women are the victims of violence, their occupational choices are narrower and their earnings lower than men and the major portion of the women in rural Bangladesh living in abject poverty. But only a few of them get opportunity to access various typ es of rural enterprises that can help them to improve their economic condition. This situation has fostered the emergence of Non-Governmental Organizations (Nags). They help poor women by prominent microcircuit. Now we have to discuss about microcircuit programs of Nags in Bangladesh perspective. Present scenario of microcircuit program of Nags in Bangladesh In Bangladesh there are several institutions which is involved in magnificence activities. Nags started credit program in mid-eighties and their activities increased noticeable higher after 1990 (CDC, 2000). in that location are several Nosh which giving credit to the poor people, such as- Grahame Bank, BARACK, AS, SPADE, Burro Bangladesh, ASS, Rural Reconstruction, Poppy, etc. This magnificence sector is mature now and its assets correspond around 3 percent of GAP in 2011. Total big(p) loan of this sector (only licensed Miff) has increased by 20 percent from skim 145. Billion in June 2010 to BAT 173. 8 billion in June, 20 11 disburse among 20. 7 million poor people, helping them to be sleepyhead and accelerating overall economic development process of the country. The overall trend of magnificence statistics in Bangladesh can be shown by a table- Table Basic statistics of MONGO-Miffs in Bangladesh (As of 30 June 2011) June2010 No of Licensed INCOMING 516 June2011 576 Total clients(million) Borrowers(million) 25. 28 19. 21 Amount Amount of of loan savings(TX million) 145022. 6 51362. 93 26. 08 20. 65 173797. 60 63304. 4 source MR.-MIS Database-2011 The table shows that, at the end of June2011, the sector had neat loans of BAT 173. 8 billion disbursed to 20. 7 million borrowers and had accumulated BAT 63. 3 billion as savings from around 26. 10 million clients over 93 percent of them are women. Here we see that, the credit amount is more than savings amount. 0 Role of microcircuit programs of Nags in Bangladesh Bangladesh is a member of the worlds least developed countries, having increased population density, unemployment, illiteracy, socio-communal ferment and many more.Now-a-days Nags have been playing supportive roles with the government. The role played by the Nags in Bangladesh is very good. They help poor people by giving credit facilities to alleviate poverty among the rural poor population. Generally, the Nags help women to empowering them. If women are empowered then their living standard also improved. We know that most of the rural peoples fight against the poverty and to get employment. And the Nags help these people by creating awareness among them, inspiring them and give credit facilities to self-employed. By these ways the Nags help for sustainable development of Bangladesh.Discussion and findings Our study is to find out the criticism of microcircuit program of Nags in the study area. The study reveals activities about microcircuit programs of Nags in Trials Apical. The total population of this area is 372498 where a total area is 338. 98 sq. Km. But we take o nly 100 samples to investigate the activities of microcircuit program of Nags of the study area. The overall investigation can be expressed by following way- Table Gender, age and educational status of the respondents Total Respondents epoch group Male Female 26 8 92 Percentage 8% 92% 13 Educational status 2650