Poverty Reduction and Human Development: Impact of ENRICH Programme on Income Poverty in Bangladesh
Author(s) -
Farhargis
Publication year - 2019
Publication title -
indian journal of human development
Language(s) - English
Resource type - Journals
eISSN - 2456-480X
pISSN - 0973-7030
DOI - 10.1177/0973703019834741
Subject(s) - poverty , poverty reduction , basic needs , economic growth , human development (humanity) , microfinance , socioeconomics , intervention (counseling) , economics , development economics , psychology , psychiatry
This article aims to analyse the impact of the ENRICH programme (a holistic microfinance programme with multiple intervention) in poverty alleviation. It is based on a survey of 1,800 households selected both in programme implemented and control areas. The cost of basic needs method was used in this study to calculate the poverty lines for the year 2015. This study shows that there has been a significant impact of the ENRICH programme on poverty. The programme has resulted in an additional 10 percentage point poverty reduction in the programme areas, besides contributing to a decrease in the number of extremely poor households over time. Moreover, it has contributed to social and community development with its participants feeling more respected and dignified than before.
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