scholarly journals Poverty Alleviation and Microfinance for the Economy of Pakistan: A Case Study of Khushhali Bank in Sargodha

Economies ◽  
2020 ◽  
Vol 8 (3) ◽  
pp. 63
Author(s):  
Stylianou Tasos ◽  
Muhammad Ijaz Amjad ◽  
Masood Sarwar Awan ◽  
Muhammad Waqas
Keyword(s):  
Poverty Alleviation ◽  
National Development ◽  
Poverty Line ◽  
Negative Association ◽  
Primary Data ◽  
Human Beings ◽  
Poverty Level ◽  
The Poor ◽  
The World ◽  
The Impact

Poverty is a universal reality, and no one can deny the omnipresence of it all over the world. It is considered as the most harmful economic and social problem of human beings since their creation. It affects individuals as well as society as a whole in a very destructive way, and it is considered that poverty is the mother of all human rights violations. Perhaps no one would argue against the notion that microfinance can be a very useful apparatus in human, social, economic, political and national development. Microfinance has been established to fill the gap of a missing credit market for the poor. Among all other anti-poverty strategies, it has become one of the most important and successful tools for poverty elimination throughout the world. In this study, we investigate the impact of microfinance on poverty alleviation for the economy of Pakistan. The literacy is very poor for the area of Pakistan, so our research will help policy makers in making the right decisions in order to help the people that are living below the poverty line. Primary data of 300 households from Khushhali Microfinance Bank Limited were collected. The findings reveal that microfinance imparts a vital role in poverty eradication where the poverty level has decreased from 42.67% in comparison household (CHH) to 29.33% in the program household (PHH). Finally, it unveils the fact that there is a negative association between the provision of microfinance and poverty level of the household. The availability of micro financing facilities to the poor has declined the poverty rate from 42.67 percent to 29.33 percent. The Logistic Regression model implies that poverty has a negative association with the duration of microfinance, education and existence of a market in the locality, whereas it is positively related to family size and gender of the respondent.

scholarly journals Role of Microfinance in Poverty Alleviation: Evidence from Pakistan

2015 ◽  
Vol 2 (1) ◽  
pp. 37-44 ◽  
Author(s):  
Abdul Ghafoor Awan ◽  
Muhammad Javed Iqbal Juiya
Keyword(s):  
Logit Model ◽  
Poverty Alleviation ◽  
Poverty Line ◽  
Primary Data ◽  
Living Standard ◽  
Survey Method ◽  
Poverty Level ◽  
Household Poverty ◽  
The Impact

This study has empirically measured the role of microfinance in poverty alleviation and has examined its impact on household poverty level. The factors that can affect the household poverty and living standard have been investigated with innovative econometric technique that is binary logit model and ordered logit model by using Stata software. The empirical analysis of this study is based on fresh data. The data is collected through a household survey method from the rural and urban areas of district Lodhran of Pakistan. A questionnaire was developed to collect primary data which covered the household loan amount, household assets, and household expenditures. The questionnaires were distributed among 220 respondents. We selected total 19 variables: eleven variables to analyze the factors responsible for household poverty and eight variables to measure the household living standard. High value of Living standard shows high living standard and low value shows lower living standard. The empirical evidence shows that the variables such as gender, married status, chronicle diseases, purpose of loans, number of loans taken, amount of loan, Lives Stock, Monthly savings, total number of household members are found impacting poverty significantly while the impact of transport facility, years of schooling and ownership of land were found insignificant. While measuring poverty level we followed World Bank poverty line which is $ 1.25 (Rs.3750) per capita per adult monthly income and expenditure. The data shows that 137 (62.3 percent) households are living below poverty line while 83 households are living above poverty line. We find that 169 households (76.8 percent of the total sample) have good living standard while 20 households (9.1 percent) have high living standard whereas 31 households (14.1 percent), have very low living standard. JEL Classifications Code: E6

scholarly journals Predicting Likelihood for Loan Default Among Bank Borrowers

2019 ◽  
Vol 11 (1) ◽  
pp. 318
Author(s):  
Mohammad Aslam ◽  
Senthil Kumar ◽  
Shahryar Sorooshian
Keyword(s):  
Poverty Alleviation ◽  
Local Governments ◽  
Poor People ◽  
Grameen Bank ◽  
Poverty Level ◽  
Loan Default ◽  
International Agencies ◽  
The Poor ◽  
The World ◽  
Income Generating Activities

Poverty is a threat to the world. In its extreme form at any part of the world, it will make endanger rest of the world. In fact, it is the source of crime and the worst form of violence. The poor people do not commit any crime but they get punishment out of being born as a poor that is not controllable in their hand. Microfinance has been designed to eliminate poverty and help marginal and poor people through small income generating activities. The borrowers need capital to materialize their dream, may be in a small amount and microfinance can play important role in this scenario. Through microfinance, small entrepreneurs may acquire necessary inputs to start their business. Both local governments and international agencies are trying to eliminate poverty through microfinance programs, services and guidelines. With this concept, Microfinance has been hosted primarily in Bangladesh. Grameen Bank (GB) has been serving large number of people below poverty level in Bangladesh. However, impact of microfinance is still questionable in several studies. Microfinance used properly and returned back to the lender with stipulated amount and time shows its working effectively for poverty alleviation. Otherwise, there must be loan default and the whole system may be in question. We survey with questionnaire to find out factors contributing to loan default among GB borrowers using binomial logistic regression. The results showed that some factors were crucial for loan default and should be treated properly at the start of lending.

A Study of Outcomes of the Poverty Alleviation Programme In Batticaloa District Of Sri Lanka

GIS Business ◽  
2019 ◽  
Vol 13 (4) ◽  
pp. 41-53
Author(s):  
V. Navirathan ◽  
A.M. M. Mustafa
Keyword(s):  
Poverty Alleviation ◽  
Research Question ◽  
Development Program ◽  
Lessons Learned ◽  
Standard Of Living ◽  
Primary Data ◽  
Poverty Level ◽  
Actual Impact ◽  
Future Economic Development ◽  
The Impact

The major aim of this thesis was to explore the impact of poverty alleviation programmes on poverty alleviation in Batticaloa district. The objective of this study is to examine whether the Poverty alleviation Programmes increase the income level of the beneficiaries in Batticaloa District and examinewhether the contribution of Poverty alleviation Programme to increasethe standard of living of the beneficiaries living in the Batticaloa District. The research question developed for this study was what are the outcomes of poverty alleviation programmes on poverty alleviation of Samurdhi beneficiaries in Batticaloa district? There are many poverty alleviation institutions and other institutions which are providing livelihood support to improve the standard of living and to alleviate the poverty level. But, the actual impact of those facilities on poverty alleviation was not known. To find the actual impact, the above research question was developed. Primary data were collected from people who were Samurdhi beneficiaries from Manmunai South Eruvil PattuDS Division, Koralaipattu South DS division and Manmunai South West DS Division in Batticaloa District. The proportionate random sampling method was used to obtain 200 responses from the population. Completed questionnaires were analyzed using SPSS-20 tool package and the collected data were used to test the model using univariate and multiple regression analysis. The coefficient of the constant was positive and statistically significant in the model. All independent variables such as Income, Saving, Wellbeing, Coping Strategies, Entrepreneurial Skill, Employment and Gender Balance of the respondent in the research had a positive and statistically significant coefficient at 5% level. This result revealed that the Poverty alleviation programme moderately impacts on poverty alleviation in Batticaloa district. In order to alleviate the poverty, the identification and formulation of the efficient Samurdhi Programme areessential. Therefore, the major purpose of this study is to analyze the outcomes of Poverty alleviation programme and lessons learned to future economic development program which could be implemented effectively, and economical.

scholarly journals Poverty Alleviation at an International Development Organization: Resurrecting the Human Being as Subject

2009 ◽  
Vol 34 (2) ◽  
pp. 1-14 ◽  
Author(s):  
Sangeeta Parameshwar ◽  
Param Srikantia ◽  
Jessica Heineman-Pieper
Keyword(s):  
International Development ◽  
Poverty Alleviation ◽  
Urban Poor ◽  
Developed Countries ◽  
Human Beings ◽  
Development Organization ◽  
Life Styles ◽  
The Poor ◽  
The World ◽  
The Rich

This paper examines the field experiences of one of the authors in designing workshops for Finance Ministers of several countries at a leading international development organization. The power of a single book to cause a paradigm change is brought out as the authors sensemake the field experience in the light of their reading of The Development Dictionary, edited by Wolfgang Sachs, which debunks the myth of a “First World” and a “Third World” based on the socially constructed binary paradigm of “development” and “underdevelopment.” While claiming to do the opposite, professionals in the field of “international development” have often been impoverishing global communities through Western economic and technological interventions, enabled by the “aid” provided by interested global financial institutions on usurious, harmful, and coercive terms. It is ironic that the West, with all its economic crashes, corporate scandals, addictive consumerism, runaway militarism, and unsustainable life styles, considers itself competent to “develop” the other three-fourths of the world's population. A crucial shortcoming of disciplines like Western management, business administration, public policy, and development economics is that their conceptual frameworks and the ensuing strategies ignore the inner, subjective landscape of human beings that can be a source of creative transcendence from the standpoint of human flourishing. As a basis for an enlightened consciousness in global social change work, the paper recommends an alternative conceptual framework defined by the four coordinates of man-as-subject with a focus on the person (as opposed to man-as-object with a focus on aggregates), an abundance-based appreciative valuing (as opposed to a scarcity-based problem solving), organic, indigenous approaches that are grassroots-based (versus expert-driven prescriptions grafted from a foreign source) and an orientation toward Being (rather than a focus on “doing” that results in the mechanistic implementation of programmatic routines). The paper seeks to highlight the importance of resurrecting human subjectivity as a fundamental regenerative force underlying empowerment and poverty alleviation. The answer to the world's problems may be ‘counter-development,’ by which the ‘rich’ ‘developed’ countries “develop” themselves in their spiritual consciousness, thereby reducing the systemic risk of their unsustainable, wasteful ways on the rest of the world they seek to ‘develop.’ If we think of the world as a global learning community, a repository of different ways of living and being that are non-comparable, we may have to remake these contemporary development institutions more in the image of a ‘global parliament of cultures’ in which different cultures, from a stance of equality, share life furthering practices with one another and seek to understand what gives vitality to all of them. As experiences of urban poor groups illustrate, the poor have demonstrated extraordinary creativity and ingenuity in designing innovative solutions to their own problems, and they appear more competent at poverty reduction than local or national governments and international agencies (Appadurai, 2001). Poverty alleviation led by the poor themselves may be a viable alternative to poverty alleviation led by the rich. International development agencies from wealthy countries that claim to be focused on “poverty alleviation” should perhaps reframe their mission to “greed alleviation” in their own countries.

scholarly journals The Role of Islamic Microfinance For Poverty Alleviation in Bandung, Indonesia

2019 ◽  
Vol 2 (1) ◽  
pp. 55
Author(s):  
Irawan Febianto ◽  
Fuadah Binti Johari ◽  
Zurina Binti Kefeli @Zulkefli
Keyword(s):  
Poverty Alleviation ◽  
Financial Institution ◽  
Capital City ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Poverty Level ◽  
Level Indicator ◽  
Microfinance Institution ◽  
Islamic Microfinance ◽  
The Impact

The emergence of Islamic micro financial institution becomes the alternative solution for the micro-entrepreneurs who need working capital assistance. However, the impact of Islamic microfinance institution in reducing poverty level is somewhat still debatable. In Indonesia, Islamic microfinance established through the presence of Baitul Mal wa Tamwil (BMT), the most popular type of Islamic microfinance institutions. BMT providing financing for the micro-entrepreneurs, as their potential clients, that operates their activities mostly at the traditional markets. The purpose of this study is to measure the impact of BMT for poverty alleviation in Bandung as the capital city of West Java as the biggest population province in Indonesia, not only based on material level but also on spiritual level. This study is looking at income variables of micro-entrepreneur’s household, as well as the spiritual level indicator of micro-entrepreneur before and after they received financing from BMT. The primary data obtained through in-depth questionnaires in Bandung, Indonesia.

AN EMPIRICAL STUDY OF INDIAN INSURANCE INDUSTRY POST GLOBAL FINANCIAL CRISIS

2015 ◽  
Vol 6 (01-02) ◽  
Author(s):  
Anis Ur Rehman ◽  
Yasir Arafat Elahi ◽  
Sushma .
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Insurance Industry ◽  
Primary Data ◽  
Policy Recommendations ◽  
Insurance Sector ◽  
The World ◽  
The Impact ◽  
The New Deal

India has recently emerged as a major political and economic power in the world. The financial crisis that engulfed the world in 2008 needed developing countries like India to lead the rescue and recovery, instead of G7 westerns countries who dealt with such crisis in the past. Recently, discussions and negotiations are going amongst G20 countries regarding a new global financial architecture (G-20 Summit, 2008). The outcome will affect the relevant industries in India and hence it is a public interest issue for the actuarial profession in the country. Increased and more intrusive and costly regulations and red tapes are likely to be a part of the new deal (Economic Survey 2009-10). The objective of this paper is to study the perception of higher level authorities in Insurance sector regarding the role of regulator in minimizing the impact of global financial crisis. The primary data has been collected from 200 authorities in insurance industry. The data has been analyzed with statistical tools like MS-Excel. On the basis of the findings, various measures and policy recommendations for insurers have been suggested to minimize the impact of crisis.

Private Agricultural R&D: Do the Poor Benefit?

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Jock R. Anderson ◽  
Regina Birner ◽  
Latha Najarajan ◽  
Anwar Naseem ◽  
Carl E. Pray
Keyword(s):  
Poverty Reduction ◽  
Agricultural Research ◽  
Farming Systems ◽  
Agricultural Technologies ◽  
Policy Makers ◽  
The Public ◽  
The Poor ◽  
The World ◽  
Agricultural Research And Development ◽  
The Impact

Abstract Private agricultural research and development can foster the growth of agricultural productivity in the diverse farming systems of the developing world comparable to the public sector. We examine the extent to which technologies developed by private entities reach smallholder and resource-poor farmers, and the impact they have on poverty reduction. We critically review cases of successfully deployed improved agricultural technologies delivered by the private sector in both large and small developing countries for instructive lessons for policy makers around the world.

SOCIO-ECONOMIC EMPOWERMENT OF WOMEN THROUGH MICRO CREDIT: AN EMPIRICAL STUDY

2021 ◽  
pp. 58-60
Author(s):  
T. Indumathi ◽  
G. Savaraiah
Keyword(s):  
Rural Women ◽  
Poverty Reduction ◽  
Rural Poverty ◽  
Poverty Line ◽  
Economic Empowerment ◽  
Political Empowerment ◽  
The Poor ◽  
The Government ◽  
The Impact ◽  
Micro Credit

The World Bank's Andhra Pradesh Rural Poverty Reduction Project supports the self helf groups of the women members. It promotes women's social, economic, legal and political empowerment to reduce poverty among the poor and the poorest of the poor. The important object of this article is to examine the impact of micronance on the socio economic empowerment of the rural women supported by the national reputed NGO- Rashtriya Seva Samithi (RASS). 184 women members of the SHGs promoted by Rasthriya Seva Samathi (RASS) an NGO which located in Tirupati town. 184 samples are selected randomly from 15 SHGs scattered throughout the Tirupati rural mandal (Taluk) from the area of the study have been considered to conduct the present research study. The study reveals that 87.71 percent of the sample women were below the poverty line before joining the SHGs. As a result of SHG, about 40 percent of the sample women crossed the poverty line. The highest intensive value indicates that more women have participated in social agitations for the welfare of the children and the society. The second highest intensity reveals that considerable numbers of women of SHGs have participated in the government sponsored schemes. The 1st point secured 3rd rank with total intensity value of 605 which status that the micro credit has resulted in increased social status and empowerment.

scholarly journals Sakofa: Evaluating Zakat Microfinance Program

2018 ◽  
Vol 2 (3) ◽  
Author(s):  
Rakhmawati
Keyword(s):  
Poverty Alleviation ◽  
Primary Data ◽  
Economic Empowerment ◽  
Poverty Index ◽  
Benefit Evaluation ◽  
The Poor ◽  
Microfinance Institution ◽  
Saving Behavior ◽  
Empowerment Program

Zakat microfinance (ZMF) is an alternative to the limitation of zakat institution and microfinance institution in empowerment program. To make sure the zakat microfinance is on the track and to boost its performance and its benefit, evaluation is needed. This study aims to do an operational evaluation of productive zakat program formed in the micro-economic empowerment program named Sakofa (Madrasah Ekonomi Dhuafa/ School for Economics of the Poor) of Dompet Dhuafa Yogyakarta. Primary data were gathered from Sakofa beneficiaries in Sleman, Bantul, and Gunung Kidul. The findings show that all monetary aspects are better after running the program. Using ADePT software, headcount index, poverty gap, poverty severity, Watts index, and the average time taken to exit poverty are lower after doing the program. Altruism and saving behavior are better after Sakofa Program is implemented. Unfortunately, mustahiq were lack of discipline and desire to be independent. The effectiveness of counseling material on religiosity is the lowest. In short, Sakofa Program has a good performance in improving their prosperity. Keywords: productive zakat, zakat microfinance, poverty alleviation, empowerment, poverty index

scholarly journals Perubahan Penggunaan Lahan Di Provinsi Lampung Dan Pengaruhnya Terhadap Insidensi Demam Berdarah Dengue (DBD)

2016 ◽  
Vol 4 (3) ◽  
pp. 35
Author(s):  
Agustin Arisandi Mustika ◽  
Samsul Bakri ◽  
Dyah Wulan S. R. Wardani
Keyword(s):  
Land Use ◽  
Forest Cover ◽  
Land Use Changes ◽  
Hemorrhagic Fever ◽  
Forest Area ◽  
Primary Data ◽  
Forest Conversion ◽  
Housing Conditions ◽  
Poverty Level ◽  
The Impact

The conversion of forest area into non-forest area generally can causing the ecology and micro climate change especially rainfall.   The impact of these changes in other side can increasing the probability in occurrence of vector-born disease such as Aedes aegypti mosquito couse of Dengue Hemorrhagic Fever (DHF).   Besides of environmental factors, poverty level, rainfall, and housing conditions the suspected also affect the incidence of dengue.  This research aimed to determine of changes in forest cover and land, poverty level, and housing conditions as well as the impact to the incidence of dengue fever in Lampung. Data collected included primary data of land use changes of Lampung Province and the secondary  data  such  as  the  data  of  precipitation  rapid,  poverty  level,  healthy  house proportion and Incidence Rate of dengue.  The dynamic of changes in forest cover and landper distric/city identified through by Landsat image interpretation 5, 7 and 8  in 2002, 2009 and 2014.   While the impact on DHF analyzed using multiple linear models.   The results showed that there was a significant relationship between the changes of the people forest cover   -1,2634   (p=0,001),   intensive   agricultural   0,5315   (p=0,016),   the   number   of precipitation rapid 0,06869 (p=0,087) and the poverty level -0,2213 (p=0,038) and urbanism region in the towns and villages 28,75 (p=0,010) toward the incidence of dengue in Lampung from the year 2003 to 2014.  Based on the reseacrh result that the goverment should be able to increase the percentage of forest area cause able to decrease the incidence DHF. Keyword: forest conversion, incidence DHF, land use changes

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