Since 2014
Microfinance; A Poverty Reduction Tool, Socio-Economic Prospective
The Journal of Management and Research
View Archive Info| Field | Value | |
| Title |
Microfinance; A Poverty Reduction Tool, Socio-Economic Prospective
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| Creator |
JAFFERY, ADA
MAMOON, DAWOOD |
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| Description |
This paper aims to critically evaluate the microfinance approach in social and economic perspective. Critical analysis reveals that microfinance can be used as an efficient tool to reduce poverty, thus contributing towards economic as well as social development. Moreover, paper highlights the role of institutional design and indicates that microfinance institutions working on the lines of non government organizations and following the double bottom line approach performs better than the other institutional frameworks. Joint liability and the role of group leader are eminent in enhancing the performance of these institutions. Poverty can be decreased if microfinance institutions are driven in a more systematic manner keeping in mind primarily the well being of society.
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| Publisher |
University of Management and Technology
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| Date |
2019-11-29
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
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| Identifier |
https://ojs.umt.edu.pk/index.php/jmr/article/view/187
10.29145/jmr/12/0102004 |
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| Source |
Journal of Management and Research; Vol 1 No 2 (2014): Volume 1,Issue 2, 2014; 1-5
2519-7924 2218-2705 |
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| Language |
eng
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| Relation |
https://ojs.umt.edu.pk/index.php/jmr/article/view/187/121
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| Rights |
Copyright (c) 2019 Editorial Assistant; ADA JAFFERY, DAWOOD MAMOON
http://creativecommons.org/licenses/by/4.0 |
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