IMPACT OF MICROFINANCE ON POVERTY: EVIDENCE FROM RURAL PAKISTAN

Wajid Khan, Muhammad Yar Khan, Anam Javeed, Zahir Ullah

Abstract


This study aims at finding out the socio-economic impact of micro finance services, offered by MFIs, in one of the poorest districts of Pakistan. A sample of 344 respondents has been selected for this purpose. The study takes children's nutrition and education expenditures, savings of clients and investment of loan as explained variables. Our findings show that microfinance services have myriad influences on subsistence of the poor. Though respondents have concerns over the performance of MFIs, the overall impact goes in concord with results of previous studies. This study validates the relationship between microfinance and poverty alleviation.


Keywords


Microfinance Institutions, Poverty, Income/ Price Policy

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Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
Sarhad Journal of Management Sciences by Sarhad University of Science & Information Technology is licensed under a Creative Commons Attribution 4.0 International License.
Based on a work at suit.edu.pk