Micro finance and other issues
Photo: Munir uz Zaman / Driknews
That micro finance should have the total responsibility to alleviate poverty is the notion of some people. If they ever talk about poverty; they like to confer all the responsibility of poverty alleviation on micro finance. This is not rational. In fact, indicators that affect the poor may be such as unplanned family, having no wealth left by one's ancestors, life style, notion about poverty, education etc. There are some external factors like river erosion, flood and draught, that diminish people's assets and make people poor. These factors are uncontrollable; man can only take some measures to reduce the loss. Our country is agriculture based and 80 percent people are dependent on agriculture. So, the majority share of income of a farmer family comes from agriculture and as arable land is being divided every year because of breaking up of the joint family; land share is also getting smaller. As a result, agro-income of every farmer family is diminishing gradually. For eradicating poverty a nation needs a corruption free hard working society that will work in a planned way.
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