期刊名称：International Journal of Applied Behavioral Sciences
出版年度：2015
卷号：13
页码：104-116
语种：English
出版社：Behavioral Sciences Research Center Of (SBMU)
摘要：Purpose: Living standard in low income developing countries always remain crucial issue to be addressed. In many developing countries, like Pakistan, microfinance has been used as a tool to gear up the living standard of poor people. The main aim of this study is to analyze the contribution of microfinance in raising the living standard of low income people and poverty reduction. This paper is about reducing the poverty level through micro financing. Design/methodology/approach: The researcher developed a questionnaire to examine the impact of microfinance for the development of poor people in Pakistan. In this study Content analysis is used to investigate the impact of micro finance on poverty reduction. Findings: The micro finance has the positive impact on poverty reduction and increase income level, education and develops the living standard of poor. The loan size will have the positive or negative effect on the people. There are many issues which are faces by the people for getting loan from financial institutions. Research limitations/implications: This research focuses upon a relatively small sample of poor people in the Pakistan. Although the results could be relevant to poor people in other developing countries, caution should be exercised when attempting to generalize these finding to other contexts. Originality/value: The analysis shows that the micro finance is important for poverty reduction. In Pakistan being a nation, approximate 70 percent of people live in rural areas and micro finance for rural being a powerful, and the only, tool for rural people in providing a means of livelihood, its importance and potential should be known to each individual. Keywords: Pakistan, Education, Microfinance, Family health, Household income, Poverty reduction.
