Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation

To eradicate impecunious poverty throughout the world, Bangladesh first designed the procedural credit discipline system through Grameen Bank to boost the condition of rural women by deploying its own techniques innovated through a continuous ‘learning process approach’ in its specialized socio-eco...

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Main Authors:	Karim, A.H.M Zehadul, Abdullah, Moha Asri
Format:	Conference or Workshop Item
Language:	English
Published:	2017
Subjects:	HF Commerce HM Sociology
Online Access:	http://irep.iium.edu.my/57362/ http://irep.iium.edu.my/57362/ http://irep.iium.edu.my/57362/1/57362_Credit%20Discipline%20and%20its%20Utility.pdf

id	iium-57362
recordtype	eprints
spelling	iium-573622017-07-13T01:46:13Z http://irep.iium.edu.my/57362/ Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation Karim, A.H.M Zehadul Abdullah, Moha Asri HF Commerce HM Sociology To eradicate impecunious poverty throughout the world, Bangladesh first designed the procedural credit discipline system through Grameen Bank to boost the condition of rural women by deploying its own techniques innovated through a continuous ‘learning process approach’ in its specialized socio-economic and structural conditions available at the wider laboratory areas at its field level. As group-based credit policies, the microfinancing model of Grameen Bank has now been copied by as many as 80 developing nations of the world, targeting the eradication of poverty among the hard-core poor. This procedural credit discipline thus requires support for the total process of disbursement of funds and systematic repayment of loans strategically designed to make the programme sustainable. It has been cautioned that if these steps of credit discipline within the microfinancing framework are not followed properly, it may eventually destroy the main theme of credit, jeopardizing the whole system. Thus, it is now ostensibly found that many of such microfinancing programmes outside Bangladesh are now experiencing problems and difficulties due to their ignorance about the procedural techniques of credit discipline. The paper discusses the issues relating to credit discipline and suggests some recommendations for microfinancing in general including for Grameen Bank and other organizations to make credit really useful for the poor, without overburdening them with taxation. 2017-05 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/57362/1/57362_Credit%20Discipline%20and%20its%20Utility.pdf Karim, A.H.M Zehadul and Abdullah, Moha Asri (2017) Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation. In: The IRES 69th International Conference 2016, 24th-25th May 2016, Jeddah, Saudi Arabia. http://www.iresconf.org/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF Commerce HM Sociology
spellingShingle	HF Commerce HM Sociology Karim, A.H.M Zehadul Abdullah, Moha Asri Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation
description	To eradicate impecunious poverty throughout the world, Bangladesh first designed the procedural credit discipline system through Grameen Bank to boost the condition of rural women by deploying its own techniques innovated through a continuous ‘learning process approach’ in its specialized socio-economic and structural conditions available at the wider laboratory areas at its field level. As group-based credit policies, the microfinancing model of Grameen Bank has now been copied by as many as 80 developing nations of the world, targeting the eradication of poverty among the hard-core poor. This procedural credit discipline thus requires support for the total process of disbursement of funds and systematic repayment of loans strategically designed to make the programme sustainable. It has been cautioned that if these steps of credit discipline within the microfinancing framework are not followed properly, it may eventually destroy the main theme of credit, jeopardizing the whole system. Thus, it is now ostensibly found that many of such microfinancing programmes outside Bangladesh are now experiencing problems and difficulties due to their ignorance about the procedural techniques of credit discipline. The paper discusses the issues relating to credit discipline and suggests some recommendations for microfinancing in general including for Grameen Bank and other organizations to make credit really useful for the poor, without overburdening them with taxation.
format	Conference or Workshop Item
author	Karim, A.H.M Zehadul Abdullah, Moha Asri
author_facet	Karim, A.H.M Zehadul Abdullah, Moha Asri
author_sort	Karim, A.H.M Zehadul
title	Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation
title_short	Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation
title_full	Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation
title_fullStr	Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation
title_full_unstemmed	Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation
title_sort	credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation
publishDate	2017
url	http://irep.iium.edu.my/57362/ http://irep.iium.edu.my/57362/ http://irep.iium.edu.my/57362/1/57362_Credit%20Discipline%20and%20its%20Utility.pdf
first_indexed	2023-09-18T21:21:05Z
last_indexed	2023-09-18T21:21:05Z
_version_	1777411886229225472

Credit discipline and its utility for proper and prophylactic micro-financing system: assessing the global situation

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