Rural Savings and Credit in Bangladesh - Clarence Maloney & A. B. Sharfuddin AhmedDhaka: The University Press, 1988, Hardback in Dust Wrapper.
Condition: Good+ — in Good+ Dust Wrapper. Plain paper dust wrapper a little edgeworn and faded with a little fraying to the spine ends and top edge. Pages lightly age-tanned.
Contains: Tables; References; Appendices ;
From the cover: “This book deals with savings and credit of ordinary people and poor people in Bangladesh, though it also has suggestions on how the credit institutions can serve the people more effectively. The authors of the book are a cultural anthropologist and a sociologist, both with long experience in rural credit and other rural development projects, and therefore this book is a supplement to the several other works on rural credit in Bangladesh produced mostly by economists. The book lays out the household savings and borrowing patterns and altitudes of the people concerning the institutions they deal with. Whereas the financial institutions have given a lot of attention to rural credit in Bangladesh, the savings patterns of rural people are equally important, and Chapter I describes this from the cultural perspective.
Chapter II opens up a new subject, spontaneously formed groups that undertake savings and credit functions. The existence of such groups all over Bangladesh is not known to many officials or bankers, but the recent growth of this movement suggests an unexpected vitality and potential for true rural development.
There is a large number of programs, government institutions, and NGO’s engaged in making credit available to the rural poor in Bangladesh, and they have developed many models of reaching the target populations, including women. Some of the alternatives evolved are discussed in Chapter III, and the Appendix provides a synopsis of the techniques of 16 such organisations.
The book holds a large number of practical tips for agencies working in rural development, both the formal credit institutions and cooperatives, and the private organisations. The authors believe that it is indeed possible to have a variety of savings and credit institutions and mechanisms that effectively promote real rural development in Bangladesh — but there are many cultural features and experiences of the past efforts to be absorbed. The experiences described here will be useful to all those agencies promoting rural development in Bangladesh through savings and credit programs.”