Integration of the ultra poor into mainstream development: How effective is CFPR?

The paper aims to understand the dynamics of participation of the Targeting the Ultra Poor (TUP) members of Challenging the Frontiers of Poverty Reduction (CFPR) phase I in the financial market since their graduation from the CFPR program. The analysis was done using the longitudinal panel data (200...

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Main Authors:	Shams, Raniya, Mahmud, Sharif, Das, Narayan C
Formato:	Working Paper
Idioma:	en_US
Publicado:	BRAC Research and Evaluation Division 2022
Subjects:	Credit market Capita income Demography Economy Microfinance
Acceso en liña:	http://hdl.handle.net/10361/15938

id	10361-15938
record_format	dspace
spelling	10361-159382022-01-17T21:01:37Z Integration of the ultra poor into mainstream development: How effective is CFPR? Shams, Raniya Mahmud, Sharif Das, Narayan C Credit market Capita income Demography Economy Microfinance The paper aims to understand the dynamics of participation of the Targeting the Ultra Poor (TUP) members of Challenging the Frontiers of Poverty Reduction (CFPR) phase I in the financial market since their graduation from the CFPR program. The analysis was done using the longitudinal panel data (2002, 2005 and 2008). It has been found that after two years of program support and the provision of some flexibilities in borrowing from BRAC microfinance, the ultra-poor can meaningfully participate in the formal credit markets. Their active participation can help them achieve long-term benefits in the form of increased per capita income. Participation in the program has brought about significant positive impacts in the rate of borrowing as well as lending and saving behaviours of the participant households. More than two-thirds of the sampled members had ended up participating at least once in BRAC microfinance. Those who had participated more than once tended to use the loans more for productive purposes like to run their small business enterprises than for consumption. Participation in BRAC microfinance has mostly been influenced by demographic profiles like marital status, level of awareness, the number of male working-aged members, and self-perceived economic status—before participation in the CFPR program and later after graduation whether they were in a separate Village Organization (VO) or in a VO merged with the general microfinance borrowers. Being in separate VOs was one of the strong determinants of BRAC microfinance participation. 2022-01-17T05:19:04Z 2022-01-17T05:19:04Z 2010 2010-12 Working Paper http://hdl.handle.net/10361/15938 en_US https://bigd.bracu.ac.bd/publications/integration-of-the-ultra-poor-into-mainstream-development-how-effective-is-cfpr/ application/pdf BRAC Research and Evaluation Division
institution	Brac University
collection	Institutional Repository
language	en_US
topic	Credit market Capita income Demography Economy Microfinance
spellingShingle	Credit market Capita income Demography Economy Microfinance Shams, Raniya Mahmud, Sharif Das, Narayan C Integration of the ultra poor into mainstream development: How effective is CFPR?
description	The paper aims to understand the dynamics of participation of the Targeting the Ultra Poor (TUP) members of Challenging the Frontiers of Poverty Reduction (CFPR) phase I in the financial market since their graduation from the CFPR program. The analysis was done using the longitudinal panel data (2002, 2005 and 2008). It has been found that after two years of program support and the provision of some flexibilities in borrowing from BRAC microfinance, the ultra-poor can meaningfully participate in the formal credit markets. Their active participation can help them achieve long-term benefits in the form of increased per capita income. Participation in the program has brought about significant positive impacts in the rate of borrowing as well as lending and saving behaviours of the participant households. More than two-thirds of the sampled members had ended up participating at least once in BRAC microfinance. Those who had participated more than once tended to use the loans more for productive purposes like to run their small business enterprises than for consumption. Participation in BRAC microfinance has mostly been influenced by demographic profiles like marital status, level of awareness, the number of male working-aged members, and self-perceived economic status—before participation in the CFPR program and later after graduation whether they were in a separate Village Organization (VO) or in a VO merged with the general microfinance borrowers. Being in separate VOs was one of the strong determinants of BRAC microfinance participation.
format	Working Paper
author	Shams, Raniya Mahmud, Sharif Das, Narayan C
author_facet	Shams, Raniya Mahmud, Sharif Das, Narayan C
author_sort	Shams, Raniya
title	Integration of the ultra poor into mainstream development: How effective is CFPR?
title_short	Integration of the ultra poor into mainstream development: How effective is CFPR?
title_full	Integration of the ultra poor into mainstream development: How effective is CFPR?
title_fullStr	Integration of the ultra poor into mainstream development: How effective is CFPR?
title_full_unstemmed	Integration of the ultra poor into mainstream development: How effective is CFPR?
title_sort	integration of the ultra poor into mainstream development: how effective is cfpr?
publisher	BRAC Research and Evaluation Division
publishDate	2022
url	http://hdl.handle.net/10361/15938
work_keys_str_mv	AT shamsraniya integrationoftheultrapoorintomainstreamdevelopmenthoweffectiveiscfpr AT mahmudsharif integrationoftheultrapoorintomainstreamdevelopmenthoweffectiveiscfpr AT dasnarayanc integrationoftheultrapoorintomainstreamdevelopmenthoweffectiveiscfpr
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Integration of the ultra poor into mainstream development: How effective is CFPR?

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