Document Detail

Microfinance Safety Net: Back to Basics.
MedLine Citation:
PMID:  23384426     Owner:  NLM     Status:  Publisher    
Malnutrition among families living in poorer communities has increased in the past two decades. Initiatives advocated by the World Bank include microfinance programs. Research attributing the success of these programs however, has mixed results. In this article we investigate how additional income provided by microfinance is associated with increased consumption of nondurables for households in rural villages in Bangladesh. For our purposes we compare consumption or money expensed on food, medicine, doctor fees, and smoking. Fisher's least significant difference (LSD) procedure was used to address multiple comparison issues among households. Our findings reinforce the importance of microfinance credit as a safety net. Access to additional income for poor villagers improves the consumption of basic needs as expected, regardless of how many loans are taken; consumption of "bads" remains virtually the same.
Deborah Viola; Qiuhu Shi; Padmini Murthy
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Publication Detail:
Type:  JOURNAL ARTICLE     Date:  2012-5-16
Journal Detail:
Title:  Health care for women international     Volume:  -     ISSN:  1096-4665     ISO Abbreviation:  Health Care Women Int     Publication Date:  2012 May 
Date Detail:
Created Date:  2013-2-6     Completed Date:  -     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  8411543     Medline TA:  Health Care Women Int     Country:  -    
Other Details:
Languages:  ENG     Pagination:  -     Citation Subset:  -    
a Department of Health Policy & Management , School of Health Sciences and Practice, New York Medical College , Valhalla , New York , USA.
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