Year of Research

Author

2007 Mohammad Arifujjaman Khan Mohammed Anisur Rahaman

2006 ABEBE TIRUNEH

2007 Joy Mueni Maina Kiiru Machakos, Kenia

2009 Amelie Brune

2008 Nnenna Christiana Irobi

2009 Katherine M. Douglas

2008 Jackson Bamwesigye

2011 MICHAEL OPOKU GYAMFI

2006 Dan Matovu

2009 ASAD KAMRAN GHALIB

Title of research Impact of Microfinance on Living Standards, Empowerment and Poverty Allevition of Poor People

THE IMPACT OF MICROFINANCE ON POVERTY REDUCTION

THE IMPACT OF MICROFINANCE ON RURAL POOR HOUSEHOLDS INCOME AND VULNERABILITY TO POVERTY

An empirical study on the impact of micro nance institutions on development

MICROFINANCE AND POVERTY ALLEVIATION

THE IMPACT OF MICROFINANCE ON SCHOOLING DECISIONS

BANKING THE UNBANKABLES: MICROFINANCE AND POVERTY REDUCTION

THE IMPACT OF MICROFINANCE ON POVERTY REDUCTION

MICROFINANCE AND POVERTY ALLEVIATION

MEASURING THE IMPACT OF MICROFINANCE INTERVENTION: A CONCEPTUAL FRAMEWORK OF SOCIAL IMPACT ASSESSMENT

conclution The hope of a life that no one will sleep hungry, no one will die due to lack of medication, our children can read and write on their own and everyone will be the pillar of the society. Their overall saving has been increased and developed their saving habit, enhances empowerment of women, power in decision making More importantly the ability of households to begin informal sole micro entrepreneurships should not be assumed to be adequate for the improvement of household income. There is need to create a policy framework to spur growth in the enterprises as well as the rural economy as a whole through the creation of employment opportunities and an increment in the agricultural output. the numbers of employees as well as clients have been strongly increasing during the past decade, implying increasing demand for micro nance services. Women are especially encouraged in engaging in micro nance businesses microfinance had a positive impact on participants (women) income and has also made a difference Education plays a crucial role in providing children with the tools necessary to escape cyclic poverty traps and in promoting long-term development of the country. Microfinance has the potential to increase schooling through its capacity to reduce resource constraints within poor households previously excluded from formal credit markets, allowing parents to invest in their childrens future with fewer present costs and less reliance on moneylenders. microfinance may have had positive impact on poverty but is unlikely to be a simple panacea for reaching the core poor, remains broadly valid. Reaching core poor people seem a very long way to go, and some of the reasons that made them difficult to reach with conventional financial instruments mean that they may also be high risk and therefore unattractive microfinance clients. the contributions of microfinance to the development of the country and in reducing poverty is very enormous and as such their continuous growth is of prime importance to the country as a whole. They provide financial services to those in the informal sector, the poor and those who earn little. This help those in the informal sector improve upon their services and help improve their standard of living majority of women clients had registered increased incomes. It is these incomes that can help them to solve some problems of poverty like isolation,

physical weaknesses and they can afford a good diet The majority of women felt that their position in the family had been strengthened, set up businesses and run them, could occupy a political office at local levels and had attained a real change in their lives and selfesteem when they compare themselves to that period Microfinance institutions target the poor, with the aim of socially and economically empowering them. Donors make the funds available, while the MFIs facilitate their distribution and recovery impact assessment study, be it economic or social, will strive to achieve such results that portray a picture that is closest to reality