Microfinance and the business of poverty reduction : critical perspectives from rural Bangladesh

Bobby Banerjee; Laurel Jackson

doi:10.5465/AMBPP.2013.11793abstract

Microfinance and the business of poverty reduction : critical perspectives from rural Bangladesh

Research output: Chapter in Book / Conference Paper › Conference Paper › peer-review

Abstract

![CDATA[In this paper we provide a critical analysis of the role of market-based approaches to poverty reduction in developing countries. In particular we analyze the role of microfinance in poverty alleviation by conducting an ethnographic study of three villages in Bangladesh. Microfinance has become a popular 'base of pyramid' approach that aims to alleviate poverty by providing poor segments new opportunities for entrepreneurship. It also aims to promote empowerment (especially among women) while enhancing social capital in poor communities. Our findings, however, provide a different narrative. We found microfinance led to increasing levels of indebtedness among already impoverished communities and exacerbated economic, social and environmental vulnerabilities.]]

Original language	English
Title of host publication	Capital in Question: Proceedings of the 2013 Academy of Management Annual Meeting: August 9-13, Orlando, Florida
Publisher	Academy of Management
Number of pages	40
DOIs	https://doi.org/10.5465/AMBPP.2013.11793abstract
Publication status	Published - 2013
Event	Academy of Management. Meeting - Duration: 9 Aug 2013 → …

Publication series

Name
ISSN (Print)	2151-6561

Conference

Conference	Academy of Management. Meeting
Period	9/08/13 → …

Keywords

microfinance
poverty
marketing
Bangladesh

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.5465/AMBPP.2013.11793abstract

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title = "Microfinance and the business of poverty reduction : critical perspectives from rural Bangladesh",

abstract = "![CDATA[In this paper we provide a critical analysis of the role of market-based approaches to poverty reduction in developing countries. In particular we analyze the role of microfinance in poverty alleviation by conducting an ethnographic study of three villages in Bangladesh. Microfinance has become a popular 'base of pyramid' approach that aims to alleviate poverty by providing poor segments new opportunities for entrepreneurship. It also aims to promote empowerment (especially among women) while enhancing social capital in poor communities. Our findings, however, provide a different narrative. We found microfinance led to increasing levels of indebtedness among already impoverished communities and exacerbated economic, social and environmental vulnerabilities.]]",

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AU - Banerjee, Bobby

AU - Jackson, Laurel

PY - 2013

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N2 - ![CDATA[In this paper we provide a critical analysis of the role of market-based approaches to poverty reduction in developing countries. In particular we analyze the role of microfinance in poverty alleviation by conducting an ethnographic study of three villages in Bangladesh. Microfinance has become a popular 'base of pyramid' approach that aims to alleviate poverty by providing poor segments new opportunities for entrepreneurship. It also aims to promote empowerment (especially among women) while enhancing social capital in poor communities. Our findings, however, provide a different narrative. We found microfinance led to increasing levels of indebtedness among already impoverished communities and exacerbated economic, social and environmental vulnerabilities.]]

AB - ![CDATA[In this paper we provide a critical analysis of the role of market-based approaches to poverty reduction in developing countries. In particular we analyze the role of microfinance in poverty alleviation by conducting an ethnographic study of three villages in Bangladesh. Microfinance has become a popular 'base of pyramid' approach that aims to alleviate poverty by providing poor segments new opportunities for entrepreneurship. It also aims to promote empowerment (especially among women) while enhancing social capital in poor communities. Our findings, however, provide a different narrative. We found microfinance led to increasing levels of indebtedness among already impoverished communities and exacerbated economic, social and environmental vulnerabilities.]]

KW - microfinance

KW - poverty

KW - marketing

KW - Bangladesh

UR - http://handle.uws.edu.au:8081/1959.7/uws:32758

UR - http://aom.org/Events/2013-Annual-Meeting-of-the-Academy-of-Management.aspx

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DO - 10.5465/AMBPP.2013.11793abstract

M3 - Conference Paper

BT - Capital in Question: Proceedings of the 2013 Academy of Management Annual Meeting: August 9-13, Orlando, Florida

PB - Academy of Management

T2 - Academy of Management. Meeting

Y2 - 9 August 2013

ER -

Microfinance and the business of poverty reduction : critical perspectives from rural Bangladesh

Abstract

Publication series

Conference

Keywords

UN SDGs

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