IDEAS home Printed from https://ideas.repec.org/a/icf/icfjfe/v09y2011i3p40-55.html
   My bibliography  Save this article

Effectiveness of Microfinance Under SGSY Scheme to Reduce Poverty and Vulnerability of Rural Households: A Natural Experiment

Author

Listed:
  • Amit Kundu

Abstract

This paper shows that the Government of India supported microfinance program under Swarnajayanti Grameen Swarojgari Yojana (SGSY) scheme is partially effective in reducing poverty of the rural households. Here, a few expansions in the National Rural Employment Guarantee scheme play the supportive role. Taking the help of Natural Experiment, it is also proved that the microfinance program is also able to reduce the vulnerability of the rural participating households. This is done through constructing vulnerability index. The social factor, i.e., enhancement of empowerment of the participating Self-Help Group (SHG) members, all of whom are women, under SGSY scheme between the concerned time period and size of microcredit taken for income generating activities, plays a significant role in reducing the vulnerability of the participating households under this microfinance program.

Suggested Citation

  • Amit Kundu, 2011. "Effectiveness of Microfinance Under SGSY Scheme to Reduce Poverty and Vulnerability of Rural Households: A Natural Experiment," The IUP Journal of Financial Economics, IUP Publications, vol. 0(3), pages 40-55, September.
    • Handle: RePEc:icf:icfjfe:v:09:y:2011:i:3:p:40-55
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bali Swain, Ranjula & Floro, Maria, 2007. "Effect of Microfinance on Vulnerability, Poverty and Risk in Low Income Households," Working Paper Series 2007:31, Uppsala University, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mukherjee, Arghya Kusum & Kundu, Amit, 2012. "Swarnajayanti Gram Swarojgar Yojona as a Safety Net: Evidence from Murshidabad District of West Bengal," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 35(1), pages 79-103, March.
    2. Ukpe, Offiong Uma & Nweze, Noble Jackson & Arene, Chukwuemeka John, 2016. "Food Insecurity Vulnerability Status Of Farm Households In Niger- Delta, Nigeria," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(1), pages 1-15, January.
    3. Waseem Ul Hameed & Muhammad Haseeb & Jawad Iqbal & Leonardus W. W. Mihardjo & Kittisak Jermsittiparsert, 2022. "Environmental disaster and women self‐sustainability—A survey study on microfinance female clientele in Pakistan," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 3599-3622, July.
    4. Abdul Ghafar Ismail & Bayu Taufiq Possumah, 2014. "Poverty and social security in Islam," Chapters, in: M. Kabir Hassan & Mervyn K. Lewis (ed.), Handbook on Islam and Economic Life, chapter 22, pages iii-iii, Edward Elgar Publishing.
    5. B, Ranjula & Wallentin, Fan Yang, 2008. "Economic or Non-Economic Factors – What Empowers Women?," Working Paper Series 2008:11, Uppsala University, Department of Economics.
    6. Koloma, Yaya, 2019. "Microfinance et réduction de la pauvreté selon le genre au Mali : un réexamen des données de 2007-2008 [Microfinance and Poverty Reduction by Gender in Mali: A Review of 2007-2008 data]," MPRA Paper 94745, University Library of Munich, Germany.
    7. Wook Sohn & Laila Ume, 2019. "The Impact of Microfinance on Poverty Alleviation: The Case of Pakistan," Journal of Asian Development, Macrothink Institute, vol. 5(3), pages 16-36, November.
    8. Bali Swain, Ranjula & Floro, Maria, 2010. "Reducing Vulnerability through Microfinance: Evidence from Indian Self Help Group Program," Working Paper Series 2010:23, Uppsala University, Department of Economics.
    9. Evans Jadotte, 2010. "Vulnerability to Poverty: A Microeconometric Approach and Application to the Republic of Haiti," Working Papers wpdea1004, Department of Applied Economics at Universitat Autonoma of Barcelona.

    More about this item

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjfe:v:09:y:2011:i:3:p:40-55. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.