Impact of Microfinance: Impact of Microfinance Case Study of NRSP in Bahawalpur of Pakistan - Softcover

Ayuub, Sunia

Softcover

ISBN 10: 3659371181 ISBN 13: 9783659371189

Publisher: LAP LAMBERT Academic Publishing, 2013

Synopsis

Mostly in our rural areas credit is not available to the farmer on time or they can get it only on very high interest rate. So there is great potential of Micro Financing in Bahawalpur region. Many developing countries like Bangladesh, India, Sri Lanka and Pakistan are using microfinance to increase the living standard of their people. Rate of interest charged by these MFIs are very high and their main focus is on Agriculture sector only. There is a strong relationship between microfinance and poverty alleviation. The results also showed that Microfinance Scheme help people to improve their living standard and provide them financial opportunity to expand their business. Microfinance is the key strategy that leads to quick revival of economy, increase in living standards and empowerment. Living Standard is very important issue in all developing countries like Pakistan where one forth of population falls in the category of Poor. Govt. has estimated that about 23% population lived under poverty line. Mostly in our rural areas credit is not available to the farmer on time or they can get it only on very high interest rate. So there is great potential of Micro Financing in our region.

About this title

About the Author

Sunia Ayuub has passed her MS (Finance) from Islamia University of Bahawalpur Pakistan in 2013. Since then she is taking interest in those issues which are related to the modern financing methods.She is the author of some admirable research papers in international and reputed journals.

Edition details

• Publisher: LAP LAMBERT Academic Publishing
• Publication date: 2013
• Language: English
• ISBN 10: 3659371181
• ISBN 13: 9783659371189
• Binding: Paperback
• Number of pages: 68