Impact of Microfinance on Poverty Alleviation
Abstract It is widely accepted that the microfinance programme is a means to alleviate poverty in underdeveloped nations. Poverty has been shown to have a negative impact on an economy’s health and the well-being of its citizens. As an outcome, the focus of this dissertation is on the effectiveness of micro financing in Poverty alleviation. Microfinance, in particular, was examined as a factor in the well-being of the borrower’s family, as well as in their agricultural endeavours. Poverty is viewed from the standpoint of “capacity lack” in this notion. Due to a greater capacity, the family’s well-being is regarded to have been improved. As a starting point, this dissertation examines what is known about the microfinance helping in alleviation of poverty in the field of existent microfinance literature. Grounded on 100 responses from organised questionnaire from microfinance people borrowers, the empirical investigation of this thesis is conducted. The study initiate that microfinanci