scholarly journals Microfinance Institutions (MFIs) Intervention in Poverty Alleviation of Households in Lopez, Quezon Province, Philippines

2021 ◽  
Vol 58 (1) ◽  
pp. 3625-3631
Author(s):  
Veronica ALMASE
Keyword(s):  
Poverty Alleviation ◽  
Standard Of Living ◽  
Microfinance Institutions ◽  
Family Needs ◽  
Goal Congruence ◽  
Savings And Loans ◽  
Basic Family ◽  
Survey Form ◽  
Household Members

This paper investigates Microfinance Institutions (MFIs) Intervention in poverty alleviation of households in the locality of Lopez, Quezon province, Philippines.  It focuses on five specific objectives to: Determine the personal profile of MFIs household members, their membership profile, examine the goal congruence between MFIs and households, investigate the circumstances during MFIs intervention and, finally find out threats in availing loans from MFIs. This paper adopts quantitative type of research primarily the  descriptive questions survey where 117 were considered as the representative sample of MFIs in the municipality.  Likewise, purposive sampling was used in the determination of samples and  survey form for data collection.  This study utilized the SPSS to generate the frequency distribution and weighted mean.  It was revealed in the analysis that microfinance interventions that offer both savings and loans contributed to a higher standard of living of households.  More so, the results show that microfinance institutions provide supplemental income for families which may adhere to basic family needs, health, education, and lessen debts to specific persons. Therefore, It was found out that both microfinance savings and microfinance credit appreciably and undoubtedly changed the conditions of every household after availing the MFIs services.  The study recommends that MFIs should continuously pay closer attention on their interventions that will provide assistance that are favorable to the welfare of every member and the society as well.

Revolution, Interrupted: Gender and Microfinance in Nicaragua

2011 ◽  
Vol 38 (2) ◽  
pp. 221-240 ◽  
Author(s):  
Dwight Haase
Keyword(s):  
International Development ◽  
Gender Inequality ◽  
Poverty Alleviation ◽  
Dominant Role ◽  
Market Forces ◽  
Microfinance Institutions ◽  
Development Agenda ◽  
Group Data ◽  
Focus Group Data ◽  
Societal Problems

Now reaching over 100 million families, the burgeoning microcredit movement has come to play a dominant role in the international development agenda. This is especially true in Nicaragua, where microcredit has supplanted the Sandinistas’ more radical approaches to poverty alleviation and women’s empowerment. Survey and focus group data from borrowers with seven prominent Nicaraguan microfinance institutions show that women benefit less than men from microcredit because they get smaller loans and they invest those loans in less lucrative businesses. Also, these women are constrained by household responsibilities. These findings call into question neoliberal notions that market forces can solve societal problems such as gender inequality.

scholarly journals Usaha Ternak Domba sebagai Jalur Keluar dari Kemiskinan Buruh Tani di Perdesaan

2020 ◽  
Vol 7 (3) ◽  
pp. 189
Author(s):  
Sondi Kuswaryan ◽  
Cecep Firmansyah ◽  
Muhammad Hasan Hadiana
Keyword(s):  
Regression Model ◽  
Poverty Alleviation ◽  
Binary Logistic Regression ◽  
Farm Labor ◽  
Binary Logistic Regression Model ◽  
Factors Affecting ◽  
Poor Households ◽  
Simple Regression Model ◽  
Poverty Status ◽  
Household Members

ABSTRAKPenelitian ini bertujuan untuk mengevaluasi kemungkinan usaha ternak domba sebagai aktivitas nafkah untuk pengentasan kemiskinan, serta menentukan jumlah kepemilikan domba yang dapat  membawa rumah tangga buruh tani keluar dari kemiskinan. Survey telah dilakukan di Desa Walangsari Kecamatan Kalapanunggal Kabupaten Sukabumi, melibatkan rumah tangga buruh tani miskin sebanyak 65 orang dan 22 orang tidak miskin. Faktor yang berpengaruh terhadap kemiskinan dianalisis menggunakan model regresi logistik biner, sedangkan jumlah kepemilikan domba yang harus dipelihara untuk keluar dari kemiskinan ditentukan dengan model regresi sederhana. Hasil penelitian menunjukkan bahwa usia kepala keluarga, dan pengalaman beternak tidak mempengaruhi kemiskinan, sedangkan jumlah kepemilikan domba, jumlah anggota rumah tangga, keterlibatan dalam kelembagaan, serta sumber pendapatan dari non pertanian mempengaruhi status kemiskinan rumah tangga buruh tani. Pada rata-rata jumlah anggota rumah tangga sebanyak 4,45 orang,untuk keluar dari kemiskinan buruh tani harus memelihara minimal sebanyak 36,63 ekor domba per rumah tangga. Hasil penelitian ini menegaskan bahwa usaha ternak domba dapat digunakan sebagai sarana untuk pengentasan kemiskinan buruh tani, program pengentasan kemiskinan akan efektif bila melibatkan kelembagaan lokal.Kata Kunci: buruh tani, jumlah kepemilikan domba, kemiskinanABSTRACTThis study aims to determine the possibility of sheep farming as a livelihood activity for poverty alleviation and to determine the amount of sheep ownership that can bring farm laborers households out of poverty. Survey research has been carried out in Walangsari Village, Kalapanunggal District, Sukabumi Regency, involving 65 poor farmer households and 22 non-poor households. Factors affecting poverty were analyzed using a binary logistic regression model, while the number of sheep ownership needed to escape poverty was determined by a simple regression model. The results showed that the age of the head of the family, and experience of sheep farmers did not affect poverty, while the number of sheep ownership, number of household members, involvement in institutions, and sources of income from non-agriculture affected the poverty status of farm laborers' households. In the average number of household members as many as 4.45 people, to get out of poverty must maintain a minimum of 36.63 sheep per household. This research explains that sheep farming can be used as a means to reduce the poverty of farm laborers, and poverty alleviation programs will be effective if they involve local institutions.Keywords: farm labor, number of sheep ownership, poverty

scholarly journals Appraisals of the Socio- Economic Characteristics of Waste scavengers in Mubi Metropolis, Nigeria

2021 ◽  
Vol 04 (01) ◽  
Author(s):  
Ezekiel John Gangaya ◽  
Keyword(s):  
School System ◽  
Poverty Alleviation ◽  
Informal Education ◽  
Formal Education ◽  
Educational Status ◽  
Standard Of Living ◽  
Snowball Sampling ◽  
Pass Through ◽  
One Way Anova ◽  
Negative Linear Relationship

The study examines the socio-economic and demographic characteristics of waste scavengers, practitioners of a common form of solid waste resource recovery practices in Mubi metropolis. A total number of two hundred sets of questionnaire were administered to waste scavengers and eight waste merchants out of which 176 sets of the questionnaire were retrieved and analysed. The purposive and Snowball Sampling Techniques were employed to identify the respondents. Tables, percentage Charts, point bisereal correlation, t-test and one way ANOVA technique were used for the analysis. The results revealed that majority of the scavengers within Mubi metropolis are male (93.2%). The female counterparts do not partake much in these types of trade. The reason could not be far fetched from the unwholesome nature of the business and its demands. Generally, the educational status of respondents’ shows that majority of practitioners 44.3% pass through formal education or may not have attended any school system. This attest to the fact that they may not be knowledgeable with regard to the rudiment of resource recycling or reuse. Further result revealed that practitioners were overwhelmingly pushed into scavenging business (93.8%) by poverty/unemployment. Be as it may, all (100%) scavengers revealed that scavenging has increased their income and consequently their standard of living. The Pearson's point-biserial correlation coefficient shows a very weak negative linear relationship between both variables of income and impact of scavenging on health of scavengers. (rpb = -0.071, n = 176, p = 3, At p > 0.05) This relationship goes to show that there is no significant relationship between monthly income and impact (positive and negative) of scavenging on health of Merchants and scavengers in Mubi metropolitan area of Adamawa State. Conclusively, scavenging practice plays a greater role in poverty alleviation and creation of employment especially among those categories of scavengers that attended informal education or not any other school system. However, most scavengers (61.4%) affairs to be urgent need of capital to sustain and boost their businesse.

Interest Rate Sensitivity

2018 ◽  
pp. 84-93
Author(s):  
Dean Karlan ◽  
Jacob Appel
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Basic Concept ◽  
Rate Sensitivity ◽  
Microfinance Institutions ◽  
Application Process ◽  
Savings And Loans ◽  
Hard Time

This chapter details a study conducted with Opportunity International Savings and Loans, Ltd. (OISL)—one of Ghana's largest microfinance institutions—which analyzes the implications of interest rate for both revenue and outreach. The basic concept was simple: market loans to different people using a range of interest rates and observe how many and what kinds of people respond to the offer. The single biggest hang-up was the guarantor requirement. Most applicants had a hard time finding family or friends who could commit to cover a loan; it was also a hassle to do the paperwork. On the surface, this is a simple case of low participation. Far fewer clients took loans than was projected in the pilot, slashing the study's power. That so many clients dropped out because of the sheer duration of the application process suggests a second kind of failure: the study placed too high a burden on OISL's staff.

scholarly journals The Intersection of Islamic Microfinance and Women’s Empowerment: A Case Study of Baitul Maal Wat Tamwil in Indonesia

2020 ◽  
Vol 8 (2) ◽  
pp. 37 ◽  
Author(s):  
Ninik Sri Rahayu
Keyword(s):  
Gender Inequality ◽  
Poverty Alleviation ◽  
Local Governments ◽  
Women's Empowerment ◽  
Women’S Empowerment ◽  
Critical Groups ◽  
Microfinance Institutions ◽  
Organizational Vision ◽  
Islamic Microfinance

It is largely assumed that Islamic microfinance institutions (IMFIs) deal with family empowerment instead of women’s empowerment. However, women are the main beneficiaries of Baitul Maal Wat Tamwil (BMT), Indonesia’s first IMFIs. This paper aims to explore the origins, the initiators, and the visions of BMTs and the extent to which they intersect with women’s empowerment. Employing a qualitative approach, this study selected four BMTs in Yogyakarta as a case study. It found that four critical groups that have a significant role in the development of Indonesian BMTs: ICMI (Association of Indonesian Muslim Intellectual), Islamic mass organizations, NGOs, and local governments. The issues of loan sharks and poverty alleviation were the primary factors driving the inception of BMTs. Despite women being crucial clients, none of the studied BMTs explicitly invoked women’s empowerment in their organizational vision. To conclude, the BMTs’ preference for women is not based on an understanding of gender inequality, but rather motivated by pragmatic business considerations, particularly the self-sustainability paradigm that underpins their practices.

scholarly journals A Survey of Literature on the Sustainability of Grameen Bank

2008 ◽  
pp. 71-88
Author(s):  
Mamunur Rashid ◽  
Dr. Taslima Begum ◽  
Md. Mizanur Rahman ◽  
Md. Monimul Haque
Keyword(s):  
Poverty Alleviation ◽  
Secondary Data ◽  
Operating Costs ◽  
Living Standard ◽  
Financial Sustainability ◽  
Rural Poor ◽  
Microfinance Institutions ◽  
Grameen Bank ◽  
Group Lending ◽  
Soft Term

This paper is designed to survey the existing literatures on the issue of financial sustainability of microfinance institutions working with group-lending approach. The paper is based on secondary data and information. The most highlighted feature of microfinance program is embodied in the innovation of group-lending approach introduced by the Grameen Bank (GB) in Bangladesh. Even though most of the micro­finance institutions have their striking results of reaching to the poorest borrowers with high repayment rates, most of them are, however, still dependent on the subsidized or soft-term loans. Grameen Bank, with all its success in poverty alleviation and in increasing living standard of the rural poor, is yet to achieve financial sustainability to a fullest form. Should it increase the lending rate, should it reduce its operating costs to a greater extent, or should it try to diversify its investment, or should it try to mobilize savings as a base for re-lending? All these questions are still open for further research and planning.

scholarly journals Evaluating the Impact of Microfinance for Women in Albania

2016 ◽  
Vol 4 (2) ◽  
pp. 233
Author(s):  
Oltiana Muharremi ◽  
Filloreta Madani ◽  
Erald Pelari
Keyword(s):  
Social Influence ◽  
Low Income ◽  
Financial Services ◽  
Poverty Alleviation ◽  
Empirical Investigation ◽  
Social Value ◽  
Microfinance Institutions ◽  
The Poor ◽  
The Impact ◽  
Micro Enterprises

<p class="Default"><em>Microfinance is defined as any activity involving the offering of financial services such as loans, savings and insurance to individuals with low income.</em><em> </em><em>Creating social value includes reducing poverty and having a better impact to improve living conditions through capital for micro-enterprises; insurance and savings deposits for reducing risk and boosting consumption. Worldwide microfinance actors promote access to basic financial services by developing new tools, a variety of products and the adoption of an integrated banking access.</em></p><p class="Default"><em>Initially, microfinance was largely gender neutral: it sought to provide credit to the poor who had no assets to pledge as collateral. It quickly emerged, however, that women invested their business profits in ways that would have a longer-lasting impact on their families and communities. Consequently women became fundamental to the success of the microfinance model as a poverty alleviation tool. The purpose of this article is to examine the impact of microfinance loans in improving the lives of women borrowers, as well as in strengthening their social influence and the microcredit impact in promoting savings. This study is based on an empirical investigation of 384 structured questionnaires and surveys directed at microfinance institutions and their clients in the regions of Vlore and Fier, Albania.</em></p>

scholarly journals Rural Microcredit: Evidences From Albania

2016 ◽  
Vol 12 (10) ◽  
pp. 104 ◽  
Author(s):  
Egerta Marku
Keyword(s):  
Rural Area ◽  
Rural Areas ◽  
Poverty Alleviation ◽  
Financial Sector ◽  
Sustainable Livelihood ◽  
Microfinance Institutions ◽  
Rural People ◽  
Rural Credit ◽  
Enhancing Production ◽  
The Needy

The purpose of this paper is to analyse the issues and concerns of Albanian rural credit, which is a powerful tool for enhancing production and productivity and for poverty alleviation. Further it highlights some of the strategies adopted by the Albanian government to increase the rural credit facilities in the rural area of Albania. The various problems faced by the farmers in applying for loans are analysed in detail. Rural credits serve as a tool for providing a sustainable livelihood for people who lives in these areas. Several organisations and Microfinance Institutions,. are playing a major role in providing rural credit facilities to rural Albania. to make the rural credit facilities available to most of the needy. In spite of several efforts put up by various organisations to increase the rural credit facilities, several challenges will prevail in the years to come.These aspects of the financial sector remain undervalued in mainstream literature on rural credit. With Albania being a nation in which more than 40 percent of people live in rural areas and rural credit being a powerful, and the only, tool for rural people in providing a means of livelihood, its importance and potential should be known to each individual.

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