Nanocredit programmes: when microcredit is too big / Zuraidah Mohamed Isa, Dahlia Ibrahim and Zaiful Affendi Ahmad Zabib

Mohamed Isa, Zuraidah and Ibrahim, Dahlia and Ahmad Zabib, Zaiful Affendi (2022) Nanocredit programmes: when microcredit is too big / Zuraidah Mohamed Isa, Dahlia Ibrahim and Zaiful Affendi Ahmad Zabib. FBM Insights, 5: 12. pp. 34-35. ISSN 2716-599X (Submitted)

Abstract

One of the most inventive strategies for poverty reduction is a microcredit programme. Despite the fact that there is a significant body of literature describing the positive and significant effects of microcredit programmes on participants' lives, there are also a number of publications arguing that microcredit programmes have a negative effect on participants' lives. Some of the complaints included how microcredit programmes have caused participants to acquire dependency disorders, as well as how high interest rates and administrative fees have financially burdened them. In reality, critics of microcredit programmes on indebtedness have said that these programmes have led to some participants falling into a debt trap, leading to the problem of loan sharks.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Mohamed Isa, Zuraidah
zuraidah588@uitm.edu.my
Ibrahim, Dahlia
dahlia400@uitm.edu.my
Ahmad Zabib, Zaiful Affendi
zabaz0676@gmail.com
Subjects: H Social Sciences > HG Finance > Credit. Debt. Loans
H Social Sciences > HG Finance > Credit. Debt. Loans > Commercial credit. Commercial loans. Credit management
Divisions: Universiti Teknologi MARA, Kedah > Sg Petani Campus
Journal or Publication Title: FBM Insights
UiTM Journal Collections: Others > FBM Insights UiTM Cawangan Kedah
ISSN: 2716-599X
Volume: 5
Page Range: pp. 34-35
Keywords: Microcredit programmes, debt, publications
Date: 2022
URI: https://ir.uitm.edu.my/id/eprint/66161
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