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A Quantitative Analysis of Microfinance to Eradicate Poverty

Author

Listed:
  • Sikander Hussain Soomro

    (Professor, Department of Economics, Khairpur University, Sind, Pakistan.)

  • Parveen Shah

    (Professor, Department of Economics, Khairpur University, Sindh, Pakistan.)

  • Muhammad Saleem Rahpoto

    (Professor, Department of Economics, Khairpur University, Sindh, Pakistan.)

Abstract

Microfinance is considered an important financial instrument to generate income. The study has focused to ascertain the effect of microfinance on poverty eradication. For this purpose, the random sampling method has been adopted and primary data from 368 respondents has been collected from the two main districts of Sindh, Pakistan. Two different statistical tools have been used to analyze the data. Simple independent t-test has been used for the analysis of the variance in variables (i.e. livelihood, business development, income, and employment) before and after the involvements of microfinance in the business activity of respondents and linear regression test used to find out the relation between the dependent variable (i.e. microfinance) and independent variable (i.e. livelihood, business development, income, and employment). It has been ascertained the p

Suggested Citation

  • Sikander Hussain Soomro & Parveen Shah & Muhammad Saleem Rahpoto, 2020. "A Quantitative Analysis of Microfinance to Eradicate Poverty," Global Economics Review, Humanity Only, vol. 5(1), pages 117-130, March.
  • Handle: RePEc:aaw:journl:v:5:y:2020:i:1:p:117-130
    DOI: 10.31703/ger.2020(V-I).10
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    References listed on IDEAS

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    1. Toshio Kondo & Aniceto Orbeta Jr. & Clarence Dingcong & Christine Infantado, 2008. "Impact of Microfinance on Rural Households in the Philippines," Development Economics Working Papers 22639, East Asian Bureau of Economic Research.
    2. Caterina Ruggeri Laderchi & Ruhi Saith & Frances Stewart, 2003. "Does it Matter that we do not Agree on the Definition of Poverty? A Comparison of Four Approaches," Oxford Development Studies, Taylor & Francis Journals, vol. 31(3), pages 243-274.
    3. Shahidur R. Khandker, 2005. "Microfinance and Poverty: Evidence Using Panel Data from Bangladesh," The World Bank Economic Review, World Bank, vol. 19(2), pages 263-286.
    4. Sunia Ayuub, 2013. "Impact of Microfinance on Poverty Alleviation. A Case Study of NRSP in Bahawalpur of Pakistan," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(1), pages 119-135, January.
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    More about this item

    Keywords

    Microfinance; Business Development; Revenue; Employment; Socioeconomic Development;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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