http://dx.doi.org/10.31703/ger.2020(V-I).10
10.31703/ger.2020(V-I).10
Published : Mar 2020
A Quantitative Analysis of Microfinance to Eradicate Poverty
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<0.005 and r=0.78 the values show the strong relationship between the dependent and independent variables and as well as microfinance facility has a positive effect on poverty alleviation.
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Microfinance, Business Development, Revenue, Employment, Socioeconomic Development
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(1) Sikander Hussain Soomro
Professor, Department of Economics, Khairpur University, Sind, Pakistan.
(2) Parveen Shah
Professor, Department of Economics, Khairpur University, Sindh, Pakistan.
(3) Muhammad Saleem Rahpoto
Professor, Department of Economics, Khairpur University, Sindh, Pakistan.
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Cite this article
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APA : Soomro, S. H., Shah, P., & Rahpoto, M. S. (2020). A Quantitative Analysis of Microfinance to Eradicate Poverty. Global Economics Review, V(I), 117-130. https://doi.org/10.31703/ger.2020(V-I).10
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CHICAGO : Soomro, Sikander Hussain, Parveen Shah, and Muhammad Saleem Rahpoto. 2020. "A Quantitative Analysis of Microfinance to Eradicate Poverty." Global Economics Review, V (I): 117-130 doi: 10.31703/ger.2020(V-I).10
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HARVARD : SOOMRO, S. H., SHAH, P. & RAHPOTO, M. S. 2020. A Quantitative Analysis of Microfinance to Eradicate Poverty. Global Economics Review, V, 117-130.
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MHRA : Soomro, Sikander Hussain, Parveen Shah, and Muhammad Saleem Rahpoto. 2020. "A Quantitative Analysis of Microfinance to Eradicate Poverty." Global Economics Review, V: 117-130
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MLA : Soomro, Sikander Hussain, Parveen Shah, and Muhammad Saleem Rahpoto. "A Quantitative Analysis of Microfinance to Eradicate Poverty." Global Economics Review, V.I (2020): 117-130 Print.
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OXFORD : Soomro, Sikander Hussain, Shah, Parveen, and Rahpoto, Muhammad Saleem (2020), "A Quantitative Analysis of Microfinance to Eradicate Poverty", Global Economics Review, V (I), 117-130
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TURABIAN : Soomro, Sikander Hussain, Parveen Shah, and Muhammad Saleem Rahpoto. "A Quantitative Analysis of Microfinance to Eradicate Poverty." Global Economics Review V, no. I (2020): 117-130. https://doi.org/10.31703/ger.2020(V-I).10