A Quantitative Analysis of Microfinance to Eradicate Poverty

Sikander Hussain Soomro, Parveen Shah and Muhammad Saleem Rahpoto
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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.

Global Economics Review, 2020, vol. 5, issue 1, 117-130

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

Keywords: Microfinance; Business Development; Revenue; Employment; Socioeconomic Development (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:aaw:journl:v:5:y:2020:i:1:p:117-130

DOI: 10.31703/ger.2020(V-I).10

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