Microcredit and Womens Empowerment
Using a case study of Bangladesh, and based on a long term participatory observation method, this book investigates claims of the success of microcredit, as well as the critiques of it, in the context of womens empowerment. It confronts the distinction between womens increasing wealth as a consequence of the success of microcredit programmes and their apparent non-commensurate empowerment, looking at two organizations (the Grameen Bank and the Bangladesh Rural Advancement Committee) as they operate in two localities in rural Bangladesh, to discover how enrichment and empowerment are often confused.
The book goes on to establish that the well-publicized success stories of the microcredit programme are blown out of proportion and the dynamics of collective responsibility for repayment of loans by a group of women borrowers usually seen to be a tool for the success of microcredit is, in fact, no less repressive than traditional debt collectors. This book makes a contribution to development debates; challenging adherents to more closely specify those conditions under which microcredit does indeed have validity, as well as providing insights relevant to South Asian Studies and Development Studies.
Aminul Faraizi is Senior Lecturer of Sociology in the Department of Behavioural and Social Sciences at CQ University, Australia.
Taskinur Rahman is Executive Director of the Assistance for Social Organization and Development (ASOD), Bangladesh.
Jim McAllister is Honorary Research Fellow of CQ University, Australia.
Routledge Contemporary South Asia Series
Pakistan
Social and cultural transformations in a Muslim nation
Mohammad A. Qadeer
Labor, Democratization and Development in India and Pakistan
Christopher Candland
China-India Relations
Contemporary dynamics
Amardeep Athwal
Madrasas in South Asia
Teaching terror?
Jamal Malik
Labor, Globalization and the State
Workers, women and migrants confront neoliberalism
Edited by Debdas Banerjee and Michael Goldfield
Indian Literature and Popular Cinema
Recasting classics
Edited by Heidi R.M. Pauwels
Islamist Militancy in Bangladesh
A complex web
Ali Riaz
Regionalism in South Asia
Negotiating cooperation, institutional structures
Kishore C. Dash
Federalism, Nationalism and Development
India and the Punjab economy
Pritam Singh
Human Development and Social Power
Perspectives from South Asia
Ananya Mukherjee Reed
The South Asian Diaspora
Transnational networks and changing identities
Edited by Rajesh Rai and Peter Reeves
PakistanJapan Relations
Continuity and change in economic relations and security interests
Ahmad Rashid Malik
Himalayan Frontiers of India
Historical, geo-political and strategic perspectives
K. Warikoo
Indias Open-Economy Policy
Globalism, rivalry, continuity
Jalal Alamgir
The Separatist Conflict in Sri Lanka
Terrorism, ethnicity, political economy
Asoka Bandarage
Indias Energy Security
Edited by Ligia Noronha and Anant Sudarshan
Globalization and the Middle Classes in India
The social and cultural impact of neoliberal reforms
Ruchira Ganguly-Scrase and Timothy J. Scrase
Water Policy Processes in India
Discourses of power and resistance
Vandana Asthana
Minority Governments in India
The puzzle of elusive majorities
Csaba Nikolenyi
The Maoist Insurgency in Nepal
Revolution in the twenty-first century
Edited by Mahendra Lawoti and Anup K. Pahari
Global Capital and Peripheral Labour
The history and political economy of plantation workers in India
K. Ravi Raman
Maoism in India
Reincarnation of ultra-left wing extremism in the 21st century
Bidyut Chakrabarty and Rajat Kujur
Economic and Human Development in Contemporary India
Cronyism and fragility
Debdas Banerjee
Culture and the Environment in the Himalaya
Arjun Guneratne
The Rise of Ethnic Politics in Nepal
Democracy in the margins
Susan I. Hangen
The Multiplex in India
A cultural economy of urban leisure
Adrian Athique and Douglas Hill
Tsunami Recovery in Sri Lanka
Ethnic and regional dimensions
Dennis B. McGilvray and Michele R. Gamburd
Development, Democracy and the State
Critiquing the Kerala model of development
K. Ravi Raman
Mohajir Militancy in Pakistan
Violence and transformation in the Karachi conflict
Nichola Khan
Nationbuilding, Gender and War Crimes in South Asia
Bina DCosta
The State in India after Liberalization
Interdisciplinary perspectives
Edited by Akhil Gupta and K. Sivaramakrishnan
National Identities in Pakistan
The 1971 war in contemporary Pakistani fiction
Cara Cilano
Political Islam and Governance in Bangladesh
Edited by Ali Riaz and C. Christine Fair
Bengali Cinema
An other nation
Sharmistha Gooptu
NGOs in India
The challenges of womens empowerment and accountability
Patrick Kilby
The Labour Movement in the Global South
Trade unions in Sri Lanka
S. Janaka Biyanwila
Building Bangalore
Architecture and urban transformation in Indias Silicon Valley
John C. Stallmeyer
Conflict and Peacebuilding in Sri Lanka
Caught in the peace trap?
Edited by Jonathan Goodhand, Jonathan Spencer and Benedict Korf
Microcredit and Womens Empowerment
A case study of Bangladesh
Aminul Faraizi, Taskinur Rahman and Jim McAllister
First published 2011
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
Simultaneously published in the USA and Canada
by Routledge
711 Third Ave, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
2011 Aminul Faraizi, Taskinur Rahman and Jim McAllister
The right of Aminul Faraizi, Taskinur Rahman and Jim McAllister to be identified as authors of this work has been asserted by them in accordance with the Copyright, Designs and Patent Act 1988.
Typeset in Times New Roman by
Book Now Ltd, London
All rights reserved. No part of this book may be reprinted or reproduced or utilized in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloguing in Publication Data
Faraizi, Aminul Haque.
Microcredit and womens empowerment: a case study of Bangladesh / Aminul Faraizi,