ABSTRACT
This conclusion presents some closing thoughts on the concepts discussed in the various chapter of this book. This book offers an analysis of what microcredit initiatives fail to do: mobilize social capital, reconstruct gender relations, and alleviate poverty. It explores microcredit can be regarded as a form of governmentality that is exercised via a generalized control over people's behaviour and over their beliefs, and by spreading the values of entrepreneurship with the market as the solver of all ills. Although the term microcredit is commonly used to refer to small loans given to poor women, the broader meaning of the concept indicates a particular kind of poverty lending approach developed by Grameen Bank (GB), which focuses on poverty alleviation and social change. Bangladesh has one of the largest non-governmental organization (NGO) sectors in the world. The microcredit approach in Bangladesh is currently being run along financial sustainability lines.
