Abstract

This main purpose of this study is to examine the role of conventional microcredit for poverty alleviation Bangladesh Government and Non-Government Organizations NGOs have been trying to alleviate poverty of its people NGOs provide microcredit to poor people to enhance their income and improve the living levels The study reveals that microcredit programs have generated positive results for large numbers of the poor Micro-credit has significant impacts on income savings and expenditure levels of the household The poor are not homogeneous so impact varies significantly among different segments of the population according to their socio-economic status gender background family composition and others The analysis shows that in general the microcredit is an instrument that can help to accumulate savings and income and finally assist to alleviate poverty But still it is not only the instrument that can alleviate poverty but it is the vital component that can help to the poor people for standard living levels Our analysis shows that after taking loan there is a significant change in the respondents income savings and expenditures