scholarly journals THEORETICAL ANALYSIS OF MICROFINANCE ON POVERTY ALLEVIATION

2020 ◽  
Vol 7 (3) ◽  
pp. 221-236
Author(s):  
Prasansha Kumari
Keyword(s):  
Small Businesses ◽  
Poverty Alleviation ◽  
Integrated Approach ◽  
Theoretical Background ◽  
Financial Resources ◽  
Joint Liability ◽  
The Poor ◽  
Impact Pathway ◽  
Poverty Lending ◽  
The Impact

The objective of this paper is to investigate theoretical background of microfinance and poverty alleviation. The article consist the two types of theories, which related to microfinance. First types of theories addresses the specific issues the poor have to face when seeking access to formal financial resources, due to the lack of collateral and second types of theories. The second set of theories are based on the impact of microfinance on small businesses, households and individuals. The first category of theories consist Theory relating to Emergence of Microfinance, Concept of Joint Liability Group in Microfinance. Theories of impact pathway of microfinance consist Theory on Shortcomings of Development Finance Strategies, Market and Welfare Theories, Poverty Lending Approach, Financial System Approach and5 Financial Integrated Approach

Livelihood Promotion: Can the Collectives of NRLM Really Do It?

2021 ◽  
pp. 097300522110008
Author(s):  
H. S. Shylendra
Keyword(s):  
Poverty Alleviation ◽  
Integrated Approach ◽  
Development Programme ◽  
Professional Support ◽  
Role Clarity ◽  
The Poor ◽  
Rural Livelihood ◽  
Poor Women ◽  
Policy Suggestions ◽  
New Generation

As a new generation development programme, the National Rural Livelihood Mission (NRLM) has sought to promote collectives of the poor women as the corner-stone of its strategy for livelihood promotion. The livelihood enhancement is meant to be actualised through a multi-dimensional strategy of livelihood protection and promotion. The paper hypothesised that despite their avowed goal, the collectives of women are bound to face enormous challenges in the livelihood promotion in the absence of an integrated approach more so in the context of neoliberalism. The findings of the paper corroborate the hypothesis to a great extent. Contrary to the theoretical visualisation of institutionalists, collectives of poor have faced challenges in their self-reliant emergence. The intervention has emerged more as a minimalist microfinance with inherent limitations regarding poverty alleviation. The paper concludes that the collectives of NRLM have a long way to go before they can emerge as strong livelihood promoting agencies. Sustained support to build the capacities of the fledging collectives, a reversal of the top–down elements of their multi-tier structure and the strong need for greater role clarity for the collectives along with professional support are some of the policy suggestions.

scholarly journals Challenges Facing Financial Inclusion Due to the COVID-19 Pandemic

2020 ◽  
Vol 3 (2) ◽  
pp. 50
Author(s):  
Tea Kasradze
Keyword(s):  
Low Income ◽  
Small And Medium Enterprises ◽  
Financial Inclusion ◽  
Financial Resources ◽  
Financial Products ◽  
The Poor ◽  
Wide Range ◽  
Medium Enterprises ◽  
The Impact ◽  
Poor Population

Financial inclusion is often considered as an access to financial resources for the wide public and small and medium-sized businesses, although it is a much broader concept and includes a wide range of access to quality financial products and services, including loans, deposit services, insurance, pensions and payment systems. Mechanisms for protecting the rights of consumers of financial products and services are also considered to be subject to financial inclusion. Financial inclusion acquires great importance during the pandemic and post-pandemic period. The economic crisis caused by the pandemic is particularly painful for low-income vulnerable population. A large part of the poor population who were working informally has lost source of income due to lockdown from the pandemic. Remittances have also been reduced / minimized, as the remitters had also lost jobs and are unable to send money home. Today, when people die from Coronavirus disease, it may be awkward to talk about the financial side of a pandemic, but the financial consequences can be far-reaching if steps are not taken today to ensure access to and inclusion of financial resources. The paper examines the impact of the pandemic on financial inclusion and the responses of the governments and the financial sectors to the challenge of ensuring the financial inclusion of the poor population and small and medium enterprises.

scholarly journals Evaluasi Pelaksanaan Program Pemberdayaan Ekonomi Masyarakat Pesisir (PEMP) Sebagai Upaya Penanggulangan Kemiskinan di Kecamatan Batudaa Pantai Kabupaten Gorontalo

2017 ◽  
Vol 6 (1) ◽  
pp. 30
Author(s):  
Harson Gasim
Keyword(s):  
Poverty Alleviation ◽  
Evaluation Study ◽  
Economic Organization ◽  
Marine Resources ◽  
Selection Mechanism ◽  
Evaluative Study ◽  
The Poor ◽  
Maximum Contribution ◽  
The Impact ◽  
Existing Data

The potential of marine resources that is large enough owned by Gorontalo Regency in reality has not been able to give maximum contribution for improving coastal community welfare. The most dominant issue facing coastal areas is the problem of poverty. The purpose of this study is to find out how far the impact of this PEMP program on poverty alleviation in District Batudaa Pantai Gorontalo. The type of this study is an evaluative study. The type of evaluation study used is a descriptive evaluation of assessing and analyzing data by describing or describing existing data and analyzing the results. The results show that the KMP selection mechanism has not yet given room for participation in decision-making and empowerment of the poor; Disbursement mechanism and fund management less effective, not transparent; Strengthening of socio-economic organization of society not yet effective and process of assistance less than optimal Potensi sumber daya laut yang cukup besar yang dimiliki Kabupaten Gorontalo dalam kenyataannya belum mampu memberikan kontribusi secara maksimal bagi peningkatan kesejahteraan masyarakat pesisir. Persoalan yang paling dominan yang dihadapi wilayah pesisir justru masalah kemiskinan. Tujuan penelitian ini ialah untuk mengetahui seberapa jauh dampak program PEMP ini terhadap penanggulangan kemiskinan di Kecamatan Batudaa Pantai Kabupaten Gorontalo.Adapun tipe penelitian ini merupakan suatu studi evaluatif. Jenis studi evaluasi yang digunakan adalah evaluasi deskriftif yaitu menilai dan menganalisa data dengan cara menggambarkan atau mendeskripsikan data yang telah ada dan menganalisanya Hasil penelitian menunjukkan Mekanisme pemilihan KMP belumlah memberi ruang partisipasi dalam pengambilan keputusan dan pemberdayaan masyarakat miskin; Mekanisme pencairan dan pengelolaan dana kurang efektif, tidak transparan; Penguatan organisasi sosial ekonomi masyarakat belum efektif serta proses pendampingan kurang optimal

scholarly journals The Impact of Program Participation on Rural Household Income: Evidence from China’s Whole Village Poverty Alleviation Program

2019 ◽  
Vol 11 (6) ◽  
pp. 1545 ◽  
Author(s):  
Junying Lin ◽  
Zhonggen Zhang ◽  
Lingli Lv
Keyword(s):  
Propensity Score ◽  
Propensity Score Matching ◽  
Household Income ◽  
Poverty Alleviation ◽  
Household Head ◽  
The Political ◽  
Program Participation ◽  
Household Data ◽  
The Poor ◽  
The Impact

Villagers’ participation in poverty alleviation programs has received considerable attention, especially with regard to the poor. However, not much is known about the welfare effect of villagers’ program participation. This paper analyzes the impact of villagers’ program participation on their incomes. We used household data from 529 villagers in China’s Whole Village Poverty Alleviation Program. We focused on two types of program participation—discussion and voting. Using the propensity score matching approach, we estimate the impact of rural households’ program participation on their income. The results show that the education and the political career of the household head determine program participation. Households participating in discussion and voting have a positive and significant effect on household income. Richer households benefit more from the program. However, the poor receive less benefits. We conclude that broadening villager’s participation can boost the effectiveness of China’s poverty alleviation program.

scholarly journals Zakat dan Upaya Mengentaskan Kemiskinan

2019 ◽  
Vol 14 (1) ◽  
pp. 40-47
Author(s):  
Nurwati Nurwati ◽  
Heni Hendrawati
Keyword(s):  
Poverty Alleviation ◽  
Economic Prosperity ◽  
Literature Study ◽  
Study Approach ◽  
The Poor ◽  
The People ◽  
The Social ◽  
The Impact

The purpose of this study is to analyze the impact of zakat utilization on the effort of poverty alleviation. This study was conducted through a literature study approach. The results indicate that the utilization of zakat is increasingly visible in its contribution to support the government's efforts to poverty alleviation. The zakat was focused on the poor and allocated to the social humanitarian and education sectors. The implication of this finding is that the optimization of the potential of zakat will be able to bring economic prosperity to the people which is certainly encouraged by the participation of all elements of the nation

scholarly journals Evaluating the Impact of Microfinance for Women in Albania

2016 ◽  
Vol 4 (2) ◽  
pp. 233
Author(s):  
Oltiana Muharremi ◽  
Filloreta Madani ◽  
Erald Pelari
Keyword(s):  
Social Influence ◽  
Low Income ◽  
Financial Services ◽  
Poverty Alleviation ◽  
Empirical Investigation ◽  
Social Value ◽  
Microfinance Institutions ◽  
The Poor ◽  
The Impact ◽  
Micro Enterprises

<p class="Default"><em>Microfinance is defined as any activity involving the offering of financial services such as loans, savings and insurance to individuals with low income.</em><em> </em><em>Creating social value includes reducing poverty and having a better impact to improve living conditions through capital for micro-enterprises; insurance and savings deposits for reducing risk and boosting consumption. Worldwide microfinance actors promote access to basic financial services by developing new tools, a variety of products and the adoption of an integrated banking access.</em></p><p class="Default"><em>Initially, microfinance was largely gender neutral: it sought to provide credit to the poor who had no assets to pledge as collateral. It quickly emerged, however, that women invested their business profits in ways that would have a longer-lasting impact on their families and communities. Consequently women became fundamental to the success of the microfinance model as a poverty alleviation tool. The purpose of this article is to examine the impact of microfinance loans in improving the lives of women borrowers, as well as in strengthening their social influence and the microcredit impact in promoting savings. This study is based on an empirical investigation of 384 structured questionnaires and surveys directed at microfinance institutions and their clients in the regions of Vlore and Fier, Albania.</em></p>

Woman Microfinance in Indonesia: Present Status and Future Direction

2020 ◽  
Vol 16 (1) ◽  
pp. 105-124
Author(s):  
Sutiyo ◽  
Andi Pitono ◽  
Tri Raharjanto ◽  
Jona Bungaran Basuki Sinaga
Keyword(s):  
Local Government ◽  
Poverty Alleviation ◽  
Comparative Method ◽  
Savings And Loans ◽  
Fund Allocation ◽  
The Poor ◽  
Poor Households ◽  
Asset Growth ◽  
Future Direction ◽  
The Impact

Microfinance has broadly been used to alleviate poverty and empower women in Indonesia. Many studies have already examined the microfinance performance but mostly on the basis of a client versus non-client comparative method. In this study, we measure the outreach of and impact of microfinance on poverty alleviation through random sampling of poor households. A case study was conducted at the district of Purbalingga to assess the most widespread woman microfinance in Indonesia, Savings and Loans for Women ( Simpan Pinjam Perempuan, SPP). While the SPP has a good repayment rate and asset growth, its performance in poverty alleviation is low. Only 18 per cent of the respondents ever benefitted from the SPP, which indicates low outreach to the poor. The impact on income generation and development of social capital as well as empowerment of the poor is weak. The causes are limited fund, lack of prioritisation to the poor and inexistence of assistance to loan utilisation. Institutionally, the SPP is not connected to the local government. These create a low sense of belonging and fund allocation from the local authorities. The continuity of the SPP requires a closer institutional linkage with the local government and bank institutions in order to have better assistance and budgeting while maintaining informality of loan disbursement.

Impact of the Youth to the Work Program on the economic level of the Young Poor in the La Libertad Region

2017 ◽  
Vol 1 (1) ◽  
pp. 12
Author(s):  
Ysabel Valverde Flores
Keyword(s):  
Young People ◽  
Small Businesses ◽  
Socioeconomic Level ◽  
Short Term ◽  
Work Program ◽  
The Poor ◽  
Economic Level ◽  
Basic Services ◽  
The Impact

The impact determination of the ‘Youth to Work’ Program on the socioeconomic level of poor youth in the La Libertad Region began with a diagnosis to analyze the situation of poor youth in the La Libertad Region. The short-term action plans for the ‘Youth to Work’ Program were determined, and the impact of the ‘Youth to Work Program on the poor youth was analyzed. Finally, guidelines for improvements to the ‘Youth to Work’ program were established based on a Proposal for Accompaniment and advice to run businesses, taking into account their mission, objectives and strategies of the program. The businesses undertaken correspond to 33% to production (Ready-to-wear clothes, candy- and piñata store), 41% to commerce (Food store and hardware stores), and 26% to services (Events and awnings, children's show, restaurant, juice business and hairdresser); 33% of young people increased investment in Education; 52% of the young people increased the investment in Housing; 45% of young people increased their investment in Basic Services. Of the sample taken 27 small businesses have identified 38 jobs at the beginning of business and after the impact assessment was determined 43 jobs, increasing by 42%.

What Works Best for the Poor in Rural India

2017 ◽  
Vol 18 (2) ◽  
pp. 230-245 ◽  
Author(s):  
Atul Mehta ◽  
Joysankar Bhattacharya
Keyword(s):  
Poverty Alleviation ◽  
Systems Approach ◽  
Panel Data Analysis ◽  
Rural India ◽  
Annual Data ◽  
Financial Systems ◽  
Indian States ◽  
What Works ◽  
The Poor ◽  
Poverty Lending

Financial sector development serves poor directly through poverty-lending approach or financial systems approach. Robinson (2001) questions the appropriateness of poverty-lending approach for the extremely poor and supports the financial systems approach for providing a poverty alleviation toolbox to serve the poor at various levels. The present study attempts to assess the effectiveness of the two lending approaches and comments on the appropriateness of the same for the poor and the poorest of the poor in rural India using state-wise annual data from 1999–2000 to 2011–2012. We conduct a panel data analysis for a sample of 15 major Indian states and provide an empirical evidence for the effect of various poverty alleviation tools on the poor and the poorest of the poor in rural India. The study partially supports the use of tools suggested by Robinson.

The impact of government procurement and anti-poverty efforts on sales format selection in a supply chain

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Qingyu Zhang ◽  
Tianlong Luo
Keyword(s):  
Supply Chain ◽  
Rural Areas ◽  
Poverty Alleviation ◽  
Stackelberg Game ◽  
Market Price ◽  
Government Procurement ◽  
Content Type ◽  
The Poor ◽  
Poor Farmer ◽  
The Impact

PurposeIn the presence of government procurement, one important driving force behind a poor farmer entering into sales format agreements is to improve profits. In this study, the authors examine two widely used sales formats, namely resale format and agent format, to investigate how parameters influence the optimal sales format selection and decision equilibriums of supply chain members under the scenarios with or without the buyer's poverty alleviation efforts.Design/methodology/approachThis paper adopts the Stackelberg game-theoretical approach to examine the interactions between the farmer from poor/rural areas and the buyer.FindingsThe authors find that under certain conditions, the optimal sales format of the poor farmer and buyer can be consistent, which eliminates conflicts in the sales format selection. In addition, with the buyer's poverty alleviation effort, the poor farmer and buyer can achieve the Pareto improvement, which is a win–win outcome for them. The authors also find that the market price in government procurement is independent of competition, which is consistent with practical observations.Originality/valueIt is the first study to investigate the optimal sales format selection given government procurement as a poverty alleviation effort which is in competition with a firm's regular channel.

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