期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2014
卷号:5
期号:9
页码:60-65
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:The micro - finance program extends small loans to very poor people for self-employment projects that generate income, allowing them to care for themselves and for their families. Micro-finance enables an entrepreneur to build a business or expand the existing business and create a better change in their lives. The micro-financing institutions (MFIs) provide the opportunity for the people who are living under the poverty lines by investing the affordable funds/capital and somehow by providing their management expertise. This study shows the effect of micro-financing of small business and the implications for poverty reduction. The respondents are the clients of Khushhali Bank Ltd, District Faisalabad. The data were collected with the help of well-designed and structured questionnaire, which will be analyzed by applying FGT techniques. The results showed that the poverty has been reduced by financing the peoples.