The Rise and Fall of Muhammad Yunus and the Microcredit Model

International Development Studies Working Paper #001

36 Pages Posted: 27 Jan 2014

See all articles by Milford Bateman

Milford Bateman

Juraj Dobrila University of Pula (UNIPU); St Marys University, Halifax

Date Written: January 10, 2014

Abstract

This paper looks at the microcredit model made famous by Dr. Muhammad Yunus and explains the key reasons why it has failed as a poverty reduction and local development instrument. It also briefly analyses some of the reactions to this failure by the microcredit industry and why many microcredit supporters nevertheless still stand behind the model in spite of its failure.

Keywords: Muhammad Yunus, microcredit, deindustriaisation, informal

Suggested Citation

Bateman, Milford, The Rise and Fall of Muhammad Yunus and the Microcredit Model (January 10, 2014). International Development Studies Working Paper #001. Available at SSRN: https://ssrn.com/abstract=2385190 or http://dx.doi.org/10.2139/ssrn.2385190

Milford Bateman (Contact Author)

Juraj Dobrila University of Pula (UNIPU) ( email )

Zagrebačka 30
Pula, 52100
Croatia

St Marys University, Halifax ( email )

Halifax, nova scotia
Canada

Register to save articles to
your library

Register

Paper statistics

Downloads
567
Abstract Views
2,960
rank
46,924
PlumX Metrics