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Poverty And Microfinance In Eritrea – A Discourse

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Listed:
  • Rena, Ravinder
  • Tesfy, Ghirmai

Abstract

The poverty levels in Eritrea are alarming. In the light of the escalating nature of poverty, there is an urgent need for a poverty alleviation initiative to reduce miseries of the majority of the poor. An attempt is made in this paper to analyse the incidence of poverty in the country with a particular focus on Agriculture. It also shed a light on the agriculture sector and its crucial role in providing 75 per cent jobs to its people. The paper also delves with the microfinance institutions particularly the Saving and Micro Credit Porgramme and its impact in reducing the poverty. It concludes that microfinance has strong capacity to drive economic growth and poverty reduction in Eritrea.

Suggested Citation

  • Rena, Ravinder & Tesfy, Ghirmai, 2006. "Poverty And Microfinance In Eritrea – A Discourse," MPRA Paper 11079, University Library of Munich, Germany, revised 2007.
    • Handle: RePEc:pra:mprapa:11079
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    File URL: https://mpra.ub.uni-muenchen.de/11079/1/MPRA_paper_11079.pdf
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    References listed on IDEAS

    as
    1. Rena, Ravinder, 2003. "Green revolution: Indian agricultural experience – a paradigm for Eritrea," MPRA Paper 10838, University Library of Munich, Germany, revised 24 May 2003.
    2. Ravinder Rena, 2005. "Challenges for Food Security in Eritrea: A Descriptive and Qualitative Analysis," African Development Review, African Development Bank, vol. 17(2), pages 193-212.
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    Cited by:

    1. Sankharaj Roy, 2014. "Role of Microcredit in Economic Empowerment and Social Welfare of Women- An Empirical Study of SHG Members in West-Tripura District," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 5(1(1)), pages 39-46, January.
    2. Abou Bakar & Salman Majeed, 2011. "Role of Micro Financing Activities in Women Empowerment," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 2(4), pages 167-171, May.
    3. Begum Ismat Ara Huq & Md. Abul Kalam Azad & Abdul Kadar Muhammad Masum & Peter Wanke & Md. Azizur Rahman, 2017. "Examining the Trade-off Between Social Outreach and Financial Efficiency: Evidence from Micro-finance Institutions in South Asia," Global Business Review, International Management Institute, vol. 18(3), pages 617-628, June.
    4. Tahir Mahmood & Allah Bakhsh, 2020. "Microfinance is a Non-Productive and Expensive Source of Borrowing: A Case Study of District Sargodha (Pakistan)," Journal of Economic Impact, Science Impact Publishers, vol. 2(1), pages 01-05.

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    More about this item

    Keywords

    Poverty; Eritrea; agriculture extension; agriculture technology; Microfinance;
    All these keywords.

    JEL classification:

    • N87 - Economic History - - Micro-Business History - - - Africa; Oceania
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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