Dr. Abu S. Shonchoy
Dr. Kristina Czura
Dr. Simeon Schudy
The "Lab-in-the-field experiments for product demand and group aspects in microlending" is based on a large ongoing Randomized Control Trial (RCT) with 92 borrowing groups in the northern Bangladesh entitled “Reaching the unreached: Credit contract design for the ultra-poor” by Kazushi Takahashi, Abu Shonchoy, Seiro Ito, and Takashi Kurosaki from the Institute of Developing Economies (IDE-JETRO) and the Hitotsubashi University. We in a partners collaboration with University of Munich and Gana Unnayan Kendra (GUK) initiated the project. The project has been implemented in the river islands, locally known as Chars, of Gaibandha and Kurigram districts of northern Bangladesh mostly populated by poor
• Dr. Seiro Ito
• Dr. Abu S. Shonchoy
• Dr. Kazushi Takahashi
• Dr. Takashi Kurosaki
Growing Micro-Finance Institutions (MFIs) has been affecting the lives of poor population around the world in many ways. Observation shows that some people are using loans to meet their daily needs which otherwise, in most cases, are met by regular earnings. As ultra-poor usually remain in cash crisis, they use the credit for the purposes other than mentioned one during applying at MFIs. Considering this hypothesis, the experiment intends to analyze the effectiveness of packaged micro-finance in lifting ultra-poor out of poverty.
With an aim to experiment the effectiveness of packaged microfinance in reducing poverty the project titled “Reducing
• Dr. Abu S. Shonchoy
• Dr. Hisaki Kuno
In Bangladesh, agriculture sector has the largest concentration of labor force though it contributes only about 20% of GDP. Among the farmers (agricultural labor), most them have no land of their own. They usually work as agricultural day labor. However, among landless farmers some them are tenant and share croppers. Sharecroppers usually has to share about and sometimes more than 50% of their production. Though sharecropping is usually less profitable to farmers than fixed rent, however, due to liquid crisis farmers often have to go for sharecropping.
To meet the farmers’ demand for liquid money central bank of Bangladesh
The imbalance between credit repayments and income seasonality creates a major challenge for the (MFIs) working in the developing countries like Bangladesh. Because, the credit institutions are being afraid of getting the money back after the sufferings of people during a certain period of time, (September 20-December 20) when food deprivation phenomenon monga prevails in northern rural part of Bangladesh. There has been a wide range of studies on this microcredit repayment system around the world. In connection with these Dr. Abu S. Shonchoy and Dr. Kurosaki Takashi from Institute of Developing Economies (IDE-JETRO) has jointly initiated a research work
