IMPACT OF MICROFINANCE ON POVERTY: EVIDENCE FROM RURAL PAKISTAN

Authors

  • Wajid Khan University of Baltistan Skardu
  • Muhammad Yar Khan Assistant Professor COMSATS University Islamabad, Wah Campus
  • Anam Javeed Assistant Professor, Management Sciences, University of Wah WahCantt
  • Zahir Ullah Lecturer, Department of Business Management, University Of Baltistan Skardu.

Keywords:

Microfinance Institutions, Poverty, Income/ Price Policy

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.

Author Biography

Wajid Khan, University of Baltistan Skardu

Assistant Professor,Department of Business Management, University Of Baltistan Skardu.

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Published

31.12.2020

Issue

Vol. 6 No. 2 (2020): Sarhad Journal of Management Sciences (SJMS)

Section

Articles

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