Does the Participation in the Microcredit Programs Increase Consumption of Participating Households? The Case of the Grameen Bank in Bangladesh

This paper assesses empirically the impact of the participation in the microcredit program of the Grameen Bank on consumption of participating households. A household level survey was carried out for collecting data (N=521). The results of the empirical estimations indicate that the participation of a household in the microcredit program of the Grameen Bank increases consumption of participating households significantly. But there is non-linearity in the increasing trend in consumption of participating households. The consumption level goes up gradually with the increase in the membership duration up to five years of membership, but the growth rate starts declining after that period of membership.Microcredit, Consumption, Impact Assessment, Grameen Bank, Bangladesh, Agricultural Finance, Consumer/Household Economics, Food Consumption/Nutrition/Food Safety, Food Security and Poverty,

Microfinance and Environment: Does the Participation in the Microcredit Based Social Forestry of Proshika in Bangladesh Improve Environmental Literacy?

The study intends to assess the impact of the participation in the microcredit based social forestry program of Proshika in Bangladesh on the environmental literacy of participating households. The analysis is based on a household-level survey of 450 households. Considering the endogeneity in program participation, the instrumental variable (IV) technique has been used to achieve the objective of the paper. The results indicate that the participation in the social forestry program of Proshika significantly enhances the environmental literacy of participating households.Microcredit, Social Forestry, Environmental Literacy, Proshika, Bangladesh,

Does the Participation in the Microcredit Programs Contribute to the Development of Women Entrepreneurship at the Household Level? Experience from Bangladesh

Microcredit, Women Entrepreneurship Development, Bangladesh, Consumer/Household Economics,

Microcredit, enhancement of entitlement and alleviation of poverty : an investigation into the Grameen Bank's role in Bangladesh

In developing countries, especially in Bangladesh, poor people are excluded from the formal financial sector credit services through the collateral requirement to receive a loan. Informal financial sector sources, especially moneylenders, are exploitative in nature. Therefore, poor people do not receive the minimum amount of capital, which is required to start any income generating activity, from either of the financial sector sources. The Grameen Bank initiated the microcredit programme in Bangladesh around 1976, to alleviate the poverty of poor households through providing them with the minimum amount of capital as credit without collateral and exploitation. The present study evaluates the impact of microcredit on the poverty of borrowing households. Both quasi-experimental as well as non-experimental designs have been formulated to achieve the objective. The survey-design covers one group of households (programme households), which have already received more than one loan, and another group of households (comparison households), which have just joined the programme. This study goes beyond earlier studies by developing a comprehensive framework, which covers income, consumption, assets, basic-needs, living standards, entitlement, poverty, and poverty risk of households, for assessing the impact of microcredit on the poverty of borrowing households. This study uses both subjective as well as objective measures of poverty for determining the poverty status of households. The present study compares income, consumption, basic-needs, some proxies for living standards, poverty, and poverty risk of programme households with those of comparison households to assess impacts of microcredit. On the basis of the results obtained, the study argues that microcredit increases income, consumption, expenditure, and assets of borrowing households. Through increasing income and assets, microcredit enhances entitlement of borrowing households. Microcredit also improves fulfilment of basic-needs and living standards of borrowing households. Finally, this study argues that microcredit reduces poverty risk and alleviates poverty of borrowing households significantly

Fingertips detection for human interaction system

Fingertips of human hand play an important role in hand-based interaction with computers. Identification of fingertips\u27 positions in hand images is vital for developing a human computer interaction system. This paper proposes a novel method for detecting fingertips of a hand image analyzing the concept of the geometrical structural information of fingers. The research is divided into three parts: First, hand image is segmented for detecting hand, Second, invariant features (curvature zero-crossing points) are extracted from the boundary of the hand, Third, fingertips are detected. Experimental results show that the proposed approach is promising

Dynamics of a Double-Impulsive Control Model of Integrated Pest Management Using Perturbation Methods and Floquet Theory

We formulate an integrated pest management model to control natural pests of the crop through the periodic application of biopesticide and chemical pesticides. In a theoretical analysis of the system pest eradication, a periodic solution is found and established. All the system variables are proved to be bounded. Our main goal is then to ensure that pesticides are optimized, in terms of pesticide concentration and pesticide application frequency, and that the optimum combination of pesticides is found to provide the most benefit to the crop. By using Floquet theory and the small amplitude perturbation method, we prove that the pest eradication periodic solution is locally and globally stable. The acquired results establish a threshold time limit for the impulsive release of various controls as well as some valid theoretical conclusions for effective pest management. Furthermore, after a numerical comparison, we conclude that integrated pest management is more effective than single biological or chemical controls. Finally, we illustrate the analytical results through numerical simulations.Comment: This is a preprint of a paper whose final and definite form is published Open Access in 'Axioms' at [https://doi.org/10.3390/axioms12040391