Completed Research (2016)
- Impact of ENRICH programme at the household level
PKSF has introduced a multi-faceted programme known as “Enhancing Resources and Increasing Capacities of Poor Households Towards Elimination of their Poverty (ENRICH)” in 2010. This study assessed the impact of ENRICH interventions at the household level. The study was conducted in two oldest unions – Shemanto and Shombhag – under the ENRICH programme. Four unions – two programme unions and two control unions – were selected.
The study concludes that ENRICH programme is effective in terms of empowerment and social-esteem and dignity of the programme participants compared to the control households. In the context of self-esteem and dignity as well as opportunities, access to electricity and sanitary latrine increases respect of households and dignity. In brief, the Enrich programme contributes to social and community development. Its participants feel more respected and dignified than before. The programme has significant impact on economic indicators like expenditure, investment and value of total assets.
The study recommends that, in order to create real and substantial impact, particularly on sustainable poverty reduction, PKSF needs to deepen programme interventions in the unions with higher intensity of economic interventions. Supply side constraints need to be removed for a sustainable impact, and to make ENRICH more effective.
- Impact assessment study of the FKW rehabilitation and livelihood programme and implementing NGOs
On 15 November 2007, a powerful cyclone – SIDR – impacted the South Western Coast of Bangladesh adversely resulting in loss of life and considerable damage in 30 of the 64 districts of the country. In response to the urgent need for assistance to the victims of SIDR, and to provide a long-term solution to the recurring cyclones in the sub-region, an anonymous donor (FaelKhair in Arabic) entrusted the Islamic Development Bank (IDB) with a generous donation of USD 130 million, which would be utilised for construction of several hundred school-cum cyclone shelters in the coastal belt of Bangladesh and to provide interest free loans to the SIDR affected farmers, fishermen and small businesses.
Twelve districts were selected for the implementation of the programme, which were severely affected by SIDR. Initially (in 2008), four NGOs were selected for cooperation in implementing the FKW programme, namely, BRAC, Islamic Bank Foundation (IBF), Voluntary Organisation for Social Development (VOSD) and Muslim Aid Bangladesh (MAB).
The objective of this study is to evaluate the performance of ―FAEL KHAIR WAKF (FKW) programme in terms of its impact on the beneficiaries’ livelihoods. The FKW program is different from traditional micro finance program. They are different in terms and conditions. One of the major elements of difference is interest free loan. Despite lower loan size compared to the traditional micro loan size, the participating households have higher positive gains on income, food and non-food expenditures, physical and non-land physical assets. This type of Islamic model will make a major contribution in reducing poverty. It provides a framework for adaptation and resilience building of the vulnerable households. With further experience and flexibility, the model will be a source of knowledge for the policymakers and professionals who have been searching for a model of improving adaptation capability and building resilience of the households vulnerable to climate change.
- Diagnostics of Micro-enterprise (ME) Lending by MFIs in Bangladesh: Opportunities and Challenges and Way Forward
The study identifies key opportunities, challenges and way forward for microfinance institutions (MFIs) to expand micro-enterprise (ME) lending and deposit services in Bangladesh. The analysis is based on secondary data collected from Bangladesh Bank (BB), Microcredit Regulatory Authority (MRA) and MFIs; and primary data collected from 600 MEs and information through discussions with BB, MRA, banks and MFIs.
Several issues guide the analysis of the study. First, why development of MEs is so important in Bangladesh? Second, what constraints do MEs face in their development? Third, to what extent is finance a critical factor? Fourth, what is the existing demand-supply gap of ME credit? Fifth, what policies/strategies should be taken to promote and develop MEs through enhanced MFI financing?
The study identifies constraints to developing MEs especially relating to financing issues, and outlines different strategies for promoting and developing MEs. It identifies constraints faced by MEs, their current financial and capital structure and intensity of access to different credit markets and provides estimates of projected demand for ME credit to estimate existing demand-supply gaps and suggests policy options for improving accessibility of MEs to credit markets. The potentials of banks and MFIs in financing of MEs have particularly been examined in the study within a comprehensive framework.
- Impact of PRIME interventions at the Household Level: Seventh Round
PKSF has been implementing PRIME in Greater Rangpur since 2006 to eradicate monga through financial and non financial interventions. InM has been conducting the impact evaluation of this programme since 2008. It has already completed six rounds of studies and the seventh round report provides impact assessment of PRIME using panel data set for the period 2008-2015. The result of the 2015 survey was quite different from other previous years. Many areas were affected by flood just few months before the survey was conducted. In some areas the flood even occurred twice. Areas that were adjacent to river were affected by river erosion. In this backdrop, objective of this report was to see whether PRIME has created such economic base of the participating households which enable them to cope with adversity and whether the impact of the programme still remains as previous years. With expansion of interventions, this has become a multi-dimensional programme. The result of the study showed that the households that received non-financial services along with financial service better off than the households receiving only financial service in terms of food security, income, expenditures, value of physical and non-land physical assets and financial assets, reducing poverty and raising human dignity.