THE SOCIO-ECONOMIC IMPACTS OF MICRO-CREDIT PROJECTS, IN MYANMAR: Micro-Credit and Rural Livelihood Development: A Study in Kachin State in Northern Myanmar Paperback – April 8, 2010
This book examines the socio-economic impacts of two micro-credit
projects operated in the war-torn area of Kachin State, Northern
Myanmar. The over 30 years civil war had devastating effects in all
areas. The rural poor households do not have access to credit for
investment in production and consumption. The need of credit is arising
among them. Setting up the village-managed micro-credit schemes, it
in a tipping point has played a significant role in to re-establish and
promote society and economy. The study discovers its socio- economic
dimension of benefits that has positive impacts on development of rural
livelihood system, reduces of poverty and contributes to community
development. The study has gone through analysis on its institutional
aspect and management of credit and savings. Exploring the challenges
facing micro- credit projects, the book concludes with suggestion for
further improvement of MCU, enhancing the positive impacts on rural
lives and implication in other locality toward sustainable rural
financial institution. It hopes as of practical tool to social workers
in helping in micro-credit and saving schemes more effective.
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