Seasonality and Microcredit: The Case of Northern Bangladesh by Abu S. Shonchoy

Description: Seasonality and Microcredit by Abu S. Shonchoy The mismatch between credit repayments and income seasonality can create serious distortions. Using field experiments through RCTs in Northern Bangladesh, we randomly assigned seasonality adjusted flexible micro-credits and traditional rigid micro-credit to different borrowing groups. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description The mismatch between credit repayments and income seasonality can create serious distortions. However, typically Micro-Finance Institutes (MFIs) do not provide any adjustments due to the income seasonality. For instance in Northern Bangladesh, Income and consumption downfalls during the time of post-Aman rice plantation seasons are quite regular phenomenon which is locally known as "Monga". Poor landless agricultural wage laborers suffer the most due to this seasonality and usually they face difficulty to smooth their consumptions. As a result, it is extremely difficult to arrange the regular weekly loan repayments of the micro-credit, which they have taken during the productive part of the year. Using field experiments through RCTs in Northern Bangladesh, we randomly assigned seasonality adjusted flexible micro-credits and traditional rigid micro-credit to different borrowing groups. Examining the repayment behavior of the borrowers in the context of geographical classifications and loan designs; employing both survey and experimental methods, this study allows us to see the consequences of flexible loan repayment rules during the lean periods, and how they affect both MFIs and participating borrowers. The findings of this study have important policy implications for MFIs and policy-makers of the developing countries. Author Biography Editor Dr. Abu S. Shonchoy is working as a research fellow at the Institute of Developing Economies (IDE) JETRO, Japan and as an adjunct assistant professor at the Graduate School of Public Policy (GraSPP) at The University of Tokyo. He also holds a visiting fellowship position at the South Asian Network of Economic Modeling (SANEM). Prior to joining IDE-JETRO, he worked for BRAC University in Bangladesh and in ANU, UNSW and UTS in Australia as a lecturer. He also worked for the International Monetary Fund (IMF), in Washington DC, USA, during the period of 2007–2008. Dr. Shonchoy is a development economist with interests in impact evaluation and micro econometrics. He has several on going field research projects in Bangladesh and in India. His current research interests include projects on microfinance, migration, electrification and education. Dr. Shonchoy graduated from the University of Dhaka, Bangladesh, with a B.Sc. (Honors) in economics, a masters degree in economic policy from the Australian National University (ANU) and a Ph.D. in economics from the University of New South Wales (UNSW), Australia. Table of Contents Chapter 1 Introduction.- Chapter 2 Overview and current practice of Micro-finance across the world.- Chapter 3 Seasonality affecting Micro-credit in Bangladesh.- Chapter 4 Socio-economic scenarios of the sampled areas with sample data.- Chapter 5 Details of the experiment design.- Chapter 6 Impact of micro-credit on migration and food consumption.- Chapter 7 Repayment behaviour of borrowers.- Chapter 8 Conclusion. Feature Pioneering study in the field of seasonality-adjusted flexible micro-credit Employs observational data and randomized control experiment techniques to address the key research questions Numerous potential policy implications, such as the designing of typical micro-credit schemes, of relevance to practitioners, think tanks and policy makers Details ISBN4431550097 Publisher Springer Verlag, Japan Year 2014 ISBN-10 4431550097 ISBN-13 9784431550099 Format Paperback Imprint Springer Verlag, Japan Subtitle The Case of Northern Bangladesh Place of Publication Tokyo Country of Publication Japan Edited by Abu S. Shonchoy DEWEY 332.095492 Short Title SEASONALITY & MICROCREDIT 2014 Edition Description 2014 Language English Media Book Pages 107 DOI 10.1007/978-4-431-55010-5 Author Abu S. Shonchoy Series SpringerBriefs in Economics Publication Date 2014-06-24 Audience Professional & Vocational Illustrations 16 Illustrations, color; 27 Illustrations, black and white; XVII, 107 p. 43 illus., 16 illus. in color. We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:96300340;

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