 Poverty alleviation through the microfinance intervention: an empirical evidence from northern parts of IndiaAadil Rashid and P. Ashok Kumar International Journal of Indian Culture and Business Management, 2023, vol. 29, issue 4, 417-435 Abstract: Microfinance has drawn major attention after being successful in providing financial services to poor underprivileged people globally. Microfinance is an institute that provides financial services as well as business development training to its beneficiaries. This paper is an attempt to investigate the nature of the relationship between the amount of loan size provided by microfinance institutes and its effect on the standard of living, health and education of its beneficiaries. An ex-post-facto design was implemented to analyse whether the size of loan amount predicts the above three dimensions of poverty. Analysis of variance has been done to analyse the significance of the number of years joined the microfinance program. The findings revealed a positive impact on the above three dimensions of poverty. We believe our grassroot research can benefit different government policies of poverty alleviation, non-government organisations and pro-poor microfinance organisations. Keywords: entrepreneurship; education; health; microfinance; poverty; living standard; financial inclusion; SHG; microcredit; India. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijicbm:v:29:y:2023:i:4:p:417-435 Access Statistics for this article More articles in International Journal of Indian Culture and Business Management from Inderscience Enterprises Ltd |
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