Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh

Sadia Islam

doi:doi:10.11648/j.eco.20200903.13

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Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh

Sadia Islam

Published in Economics (Volume 9, Issue 3)

Received: 8 September 2020 Accepted: 23 September 2020 Published: 12 October 2020

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Abstract

The word home is associated with the place where people can rest their heads at the end of the day. But in a developing country like Bangladesh, there are still many people who are homeless. Although there are different types of home loans available for the homeless. However, this study focused on the Grihayan Tahobil Program which was set up to provide housing loans to the extremely poor who have very limited incomes, who live in urban slums or who have become homeless as a result of river erosion. The main goal of this study is to evaluate how the social economic development issues change because of the government housing loan program (Grihayan Tahobil) in the Bangladesh to help ensure sustainable development goals. This study mainly based on primary and secondary data and primary data were collected from sample respondents through a structured questionnaire via face to face interview. Data on perception of household head on the changes in social status, health status of the respondent household head, difference in the indicator of women empowerment, food standard, children education and access to clean water and sanitation were collected through this survey. This study used systematic random sampling techniques. A total of 5 NGOs from all over the Dhaka division has been selected randomly. With the help of these 5 NGOs, 190 beneficiary households and 70 non beneficiary households have selected systematically from the five different districts for the survey. All of the findings indicate that after having an access of housing fund loan for a house, it is likely to report changes in their social status. The study finds that 90 percent of the program beneficiary households have enjoyed a positive change in their social status. The results also indicate that a new house not only improves the socio-economic condition of the program beneficiary household but also it is helping Bangladesh moving towards to sustainable development.

Published in	Economics (Volume 9, Issue 3)
DOI	10.11648/j.eco.20200903.13
Page(s)	66-72
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Housing, Fund, Socioeconomic, Program, Beneficiary, Sustainable, Development

References

[1]	A. Hasnat, M. Kabir, “Development and Human Rights: Litigating the Right to Adequate Housing” Asia Pacific Journal on Human Rights and the Law vol. 1, pp. 97-119, 2002.
[2]	World Bank, “Expanding housing finance to the underserved in south Asia: Market review & forward agenda,” Washington, DC, 2010.
[3]	Bangladesh Economic Review, Ministry of Finance, Government of the People’s Republic of Bangladesh, 2018.
[4]	M. Kamal and Kamruzzaman, “Housing Finance Institutions in Bangladesh-A Comparative Study on BHBFC and DBH,” Journal of Business and Economics, vol. 9, No. 1, pp. 27-4, June 2015.
[5]	Grihayan Tahobil, www.gtbb.gov.bd. 2019.
[6]	J. Gupta & C. Vegelin “Sustainable development goals and inclusive development”, International Environmental Agreements: Politics, Law and Economics, vol. 16, pp. 433–448, 2006.
[7]	S. Islam and T. Chowdhury, Towards Sustainable Development: Relationship between Human Development Index and Gross Domestic Product Per Capita in Bangladesh. The International Journal of Humanities & Social Studies, Vol. 6, Issue. 6, pp. 319-325, 2018.
[8]	Nadler, Michael, “Evaluating Private Housing Finance Systems”, Paper presented at ENHR Conference 2006, Ljubljana.
[9]	H. Smit and C. Marja, “Housing Finance in Bangladesh - Improving Access to Housing Finance by Middle and Lower Income Groups”, Prepared for Ministry of Local Government, Rural Development and Co-operatives, GOB and UNDP/UNCHS (Habitat), 1998.
[10]	Karim R., Islam S. Kazi,“Small Scale Private Real Estate Business- Challenges to the sustainable urbanization: A case study of Khulna City”, Urban and Rural Planning Discipline, Khulna University, 2010.
[11]	UNDP, 2019. https://www.bd.undp.org/content/bangladesh/en/home/presscenter/pressreleases/2019/04/07/housing-solutions-for-the-urban-poor-in-bangladesh.html
[12]	M. Rahman, “PARTICIPATION BY THE NGOS IN HOUSING FOR THE URBAN POOR IN BANGLADESH” BRAC University Journal, vol. II, no. 1, pp. 43-55, 2005.
[13]	H. Bhuyan, A. Mondal, Z. Iqbal and M. Ahmed “An Evaluation of the Activities of Grihayan Tahobil (Housing Fund)” Bangladesh Institute of Development Studies (BIDS), 2018.
[14]	“Goal 1: No poverty". UNDP, 2015. https://www.undp.org/content/undp/en/home/sustainable-development-goals/goal-1-no-poverty.html Retrieved 28 September, 2019.
[15]	“Goal 2: Zero hunger". UNDP, 2015. https://www.undp.org/content/undp/en/home/sustainable-development-goals/goal-2-zero-hunger.html Retrieved 13 September 2019.
[16]	“Goal 3: Good health and well-being". UNDP, 2015. https://www.undp.org/content/undp/en/home/sustainable-development-goals/goal-3-good-health-and-well-being.html Retrieved 13 September 2019.
[17]	“Goal 4: Quality education". UNDP, 2015. https://www.undp.org/content/undp/en/home/sustainable-development-goals/goal-4-quality-education.html Retrieved 13 September 2019.
[18]	“Goal 5: Gender equality". United Nation, 2015. https://www.un.org/sustainabledevelopment/gender-equality/ Retrieved 13 September 2019.
[19]	“Goal 6: Clean water and sanitation". UNDP, 2015. https://www.undp.org/content/undp/en/home/sustainable-development-goals/goal-6-clean-water-and-sanitation.html Retrieved 28 September, 2019.

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Sadia Islam. (2020). Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh. Economics, 9(3), 66-72. https://doi.org/10.11648/j.eco.20200903.13

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Sadia Islam. Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh. Economics. 2020, 9(3), 66-72. doi: 10.11648/j.eco.20200903.13

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Sadia Islam. Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh. Economics. 2020;9(3):66-72. doi: 10.11648/j.eco.20200903.13

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@article{10.11648/j.eco.20200903.13,
  author = {Sadia Islam},
  title = {Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh},
  journal = {Economics},
  volume = {9},
  number = {3},
  pages = {66-72},
  doi = {10.11648/j.eco.20200903.13},
  url = {https://doi.org/10.11648/j.eco.20200903.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20200903.13},
  abstract = {The word home is associated with the place where people can rest their heads at the end of the day. But in a developing country like Bangladesh, there are still many people who are homeless. Although there are different types of home loans available for the homeless. However, this study focused on the Grihayan Tahobil Program which was set up to provide housing loans to the extremely poor who have very limited incomes, who live in urban slums or who have become homeless as a result of river erosion. The main goal of this study is to evaluate how the social economic development issues change because of the government housing loan program (Grihayan Tahobil) in the Bangladesh to help ensure sustainable development goals. This study mainly based on primary and secondary data and primary data were collected from sample respondents through a structured questionnaire via face to face interview. Data on perception of household head on the changes in social status, health status of the respondent household head, difference in the indicator of women empowerment, food standard, children education and access to clean water and sanitation were collected through this survey. This study used systematic random sampling techniques. A total of 5 NGOs from all over the Dhaka division has been selected randomly. With the help of these 5 NGOs, 190 beneficiary households and 70 non beneficiary households have selected systematically from the five different districts for the survey. All of the findings indicate that after having an access of housing fund loan for a house, it is likely to report changes in their social status. The study finds that 90 percent of the program beneficiary households have enjoyed a positive change in their social status. The results also indicate that a new house not only improves the socio-economic condition of the program beneficiary household but also it is helping Bangladesh moving towards to sustainable development.},
 year = {2020}
}

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TY - JOUR
T1 - Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh
AU - Sadia Islam
Y1 - 2020/10/12
PY - 2020
N1 - https://doi.org/10.11648/j.eco.20200903.13
DO - 10.11648/j.eco.20200903.13
T2 - Economics
JF - Economics
JO - Economics
SP - 66
EP - 72
PB - Science Publishing Group
SN - 2376-6603
UR - https://doi.org/10.11648/j.eco.20200903.13
AB - The word home is associated with the place where people can rest their heads at the end of the day. But in a developing country like Bangladesh, there are still many people who are homeless. Although there are different types of home loans available for the homeless. However, this study focused on the Grihayan Tahobil Program which was set up to provide housing loans to the extremely poor who have very limited incomes, who live in urban slums or who have become homeless as a result of river erosion. The main goal of this study is to evaluate how the social economic development issues change because of the government housing loan program (Grihayan Tahobil) in the Bangladesh to help ensure sustainable development goals. This study mainly based on primary and secondary data and primary data were collected from sample respondents through a structured questionnaire via face to face interview. Data on perception of household head on the changes in social status, health status of the respondent household head, difference in the indicator of women empowerment, food standard, children education and access to clean water and sanitation were collected through this survey. This study used systematic random sampling techniques. A total of 5 NGOs from all over the Dhaka division has been selected randomly. With the help of these 5 NGOs, 190 beneficiary households and 70 non beneficiary households have selected systematically from the five different districts for the survey. All of the findings indicate that after having an access of housing fund loan for a house, it is likely to report changes in their social status. The study finds that 90 percent of the program beneficiary households have enjoyed a positive change in their social status. The results also indicate that a new house not only improves the socio-economic condition of the program beneficiary household but also it is helping Bangladesh moving towards to sustainable development.
VL - 9
IS - 3
ER -

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Author Information

Sadia Islam

Dhaka School of Economics, Constituent Institution, University of Dhaka, Dhaka, Bangladesh

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APA Style

Sadia Islam. (2020). Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh. Economics, 9(3), 66-72. https://doi.org/10.11648/j.eco.20200903.13

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ACS Style

Sadia Islam. Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh. Economics. 2020, 9(3), 66-72. doi: 10.11648/j.eco.20200903.13

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AMA Style

Sadia Islam. Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh. Economics. 2020;9(3):66-72. doi: 10.11648/j.eco.20200903.13

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@article{10.11648/j.eco.20200903.13,
  author = {Sadia Islam},
  title = {Towards Sustainable Development: Role of the Housing Fund Program for the Poor in Bangladesh},
  journal = {Economics},
  volume = {9},
  number = {3},
  pages = {66-72},
  doi = {10.11648/j.eco.20200903.13},
  url = {https://doi.org/10.11648/j.eco.20200903.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20200903.13},
  abstract = {The word home is associated with the place where people can rest their heads at the end of the day. But in a developing country like Bangladesh, there are still many people who are homeless. Although there are different types of home loans available for the homeless. However, this study focused on the Grihayan Tahobil Program which was set up to provide housing loans to the extremely poor who have very limited incomes, who live in urban slums or who have become homeless as a result of river erosion. The main goal of this study is to evaluate how the social economic development issues change because of the government housing loan program (Grihayan Tahobil) in the Bangladesh to help ensure sustainable development goals. This study mainly based on primary and secondary data and primary data were collected from sample respondents through a structured questionnaire via face to face interview. Data on perception of household head on the changes in social status, health status of the respondent household head, difference in the indicator of women empowerment, food standard, children education and access to clean water and sanitation were collected through this survey. This study used systematic random sampling techniques. A total of 5 NGOs from all over the Dhaka division has been selected randomly. With the help of these 5 NGOs, 190 beneficiary households and 70 non beneficiary households have selected systematically from the five different districts for the survey. All of the findings indicate that after having an access of housing fund loan for a house, it is likely to report changes in their social status. The study finds that 90 percent of the program beneficiary households have enjoyed a positive change in their social status. The results also indicate that a new house not only improves the socio-economic condition of the program beneficiary household but also it is helping Bangladesh moving towards to sustainable development.},
 year = {2020}
}

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