POVERTY ALLEVIATION OF THE CREDIT BENEFICIARIES BY THE DEPARTMENT OF YOUTH DEVELOPMENT

Abstract

The main purpose of the study was to determine poverty alleviation of the credit beneficiaries by the Department of Youth Development. Attempts were also made to determine ten selected characteristics of the beneficiaries and their relationship with poverty alleviation and to identify the problems faced by the beneficiaries in receiving and utilizing the credit. Twenty income sources were considered in this study for determining the poverty alleviation of the beneficiaries. Data were collected from a sample of 100 beneficiaries of the six villages of two unions of Sadar upazila of Barisal district. Pearson's correlation co-efficient was used to determine the relationships between the selected characteristics of the beneficiaries with their poverty alleviation. Thirty seven percent of the respondents had low poverty alleviation while almost equal proportion (35 percent) of the beneficiaries had medium and 28 percent of the respondents had high poverty alleviation. Beneficiaries' education, training exposure. duration of involvement of DYD, credit received, organizational participation, cosmopoliteness and attitude towards DYD had positive significant relationship with poverty alleviation while family size had negative significant relationship with the poverty alleviation. The other characteristics such as age and farm size of the beneficiaries were not significantly related with their poverty alleviation. According to problem faced index (PFI), ‘new loan is not issued until final repayment of instalments’ ranked first followed by ‘insufficient amount of credit as per demand’ and the ‘total amount of credit could not be used properly due to shortage of grace period’.