International Research Journal of Innovations in Engineering and Technology - IRJIET International Open Access, Monthly, Peer Reviewed, Reputed Journal ISSN (online): 2581-3048

Impact Factor (2025): 6.9

DOI Prefix: 10.47001/IRJIET

COVID-19 Pandemic: Microfinance and Social Sustainability of Grameen Bank Borrowers in South-West Bangladesh

Prof. Mihir Kumar Roy Ph.DProfessor (Economics), Department of Business Administration, City University, Dhaka, BangladeshUday Shanakar Sarkar MBALecturer (Finance & Banking), Department of Business Administration, City University, Dhaka, BangladeshMd Shakil MBMLecturer (Finance & Banking), Department of Business Administration, City University, Dhaka, Bangladesh & Assistant Research Fellow, Independent Perception Research Hub, Dhaka, Bangladesh

Vol 6 No 5 (2022): Volume 6, Issue 5, May 2022 | Pages: 100-111

International Research Journal of Innovations in Engineering and Technology

OPEN ACCESS | Research Article | Published Date: 28-05-2022

doi Logo doi.org/10.47001/IRJIET/2022.605013

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Abstract

As important as social sustainability is to the sustainable development agenda, there is a lack of research to clearly define and operationalize the concept. The purpose of this research is to add to the existing body of knowledge by developing a comprehensive scale for evaluating social sustainability and microfinance at the vulnerable level. A multidimensional concept of social sustainability, we argue, incorporates equity, diversity, social cohesion, and quality of life as well as democracy and governance. An incomplete picture of social sustainability may result if these dimensions are ignored. Factor analysis is used to examine the scale's validity, reliability, and dimensionality. Using microfinance as a case study, we demonstrate how the social sustainability scale can be put to use in practice. Women microfinance users in rural and coastal areas in Satkhira District of Bangladesh's southwest were surveyed for this paper using data from a questionnaire survey that included 223 respondents from rural and coastal areas (Shyamnagar and Kaligonjupazillas). Improved microfinance has a positive and significant impact on various aspects of social sustainability and overall social sustainability, according to this new research.

Keywords

COVID-19, Pandemic, Microfinance, Social Sustainability, Grameen Bank, South-West Bangladesh


Citation of this Article

Prof. Mihir Kumar Roy, Ph.D., Uday Shanakar Sarkar, MBA, Md Shakil, MBM, “COVID-19 Pandemic: Microfinance and Social Sustainability of Grameen Bank Borrowers in South-West Bangladesh” Published in International Research Journal of Innovations in Engineering and Technology - IRJIET, Volume 6, Issue 5, pp 100-111, May 2022. Article DOI https://doi.org/10.47001/IRJIET/2022.605013

Licence Copyright (c) 2026 International Research Journal of Innovations in Engineering and Technology creative common licence This work is licensed under Creative common Attribution Non Commercial 4.0 Internation Licence
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