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SCHOOL OF BUSINESS AND ECONOMICS DEPARTMENT OF ECONOMICS RESEARCH PROPOSAL ON IMPACT OF MICROFINANCE ON POVERTY REDUCTION IN THE CASE OF ADDIS ABABA
Microfinance is currently being promoted as a key development strategy for promoting poverty reduction and empowerment of people economically. This is because of its potential to effectively address poverty by granting financial services to households who are not served by the formal banking sector. This study attempted to investigate the effects of MFIs on poverty reduction. The study focused on places located in Addis Ababa, especially in Akaki Kality sub city as a case study. It intended to cover credit facilities provided by the MFIs and clients perception on income improvement and/or reduced poverty levels. The study used descriptive survey design. The target population was one staff/administrators and 50 clients or recipients of the MFIs. The study employed stratified sampling technique to select staff of the selected MFIs and clients. Both qualitative and quantitative data analysis methods were used. The study revealed that as a microfinance institution has been providing microfinance services to different groups of youth specially women - productive or active poor and that the institution uses various strategies to deliver its services such as granting small loans to women to help them start businesses, grow their businesses and educate their children. To enhance client’s business skills to use credit and establish market channels for their products, the study recommends that microfinance institutions can arrange mechanisms to improve technical and business skills of the poorest through training and loan utilization. The study also recommended that MFIs should put in place micro-insurance schemes which could help clients to pool risk or share losses.
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This research examines the relationship microfinance and poverty alleviation in Nigeria, to understand the effectiveness of micro credit within the context of its current practice in Edo State in particular, and the nation as a whole as a tool for wealth creation and capital accumulation among the poverty stricken populace and low income earners. The study made use of primary data obtained through field survey from the selected microfinance banks in Edo State and utilized quantitative tools to analyze these data so as to bring out any existing relationship between microfinance and poverty alleviation. The results obtained showed that microfinance has the potential of alleviating poverty by ensuring wealth creation and its attendant self-sufficiency. From our result, about 70% of the sampled population agreed that there is a positive relationship between microfinance and improved standard of living of the recipients of these micro credits; 78% attested that they obtained some sort of credit from microfinance banks to set up their small scale businesses, without which it would be impossible to do so; about 67% said they have used loan collected to expand their business while 24% said they used the loan collected to invest on new technology for their business and the remaining 9% of the respondents obtained loans to facilitate the export of their products. Based on these findings, we could see that Microfinance has helped in alleviating poverty in the country by helping individuals to start up their business, expand their existing business, increase the level of employment and raise the standard of living in the country Focus of microfinance programmes in poor communities for it to be meaningful; a massive educational drive on the importance of microfinance in fighting widespread poverty should be launched in the country; etc were some of the recommendations made in this study.
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Microfinance is not a new concept of financial intermediation in Ghana. It provides very low-income earners who have remained under-served by universal banks within the context of self-help to save for the future and to take small loans for trading, production, or consumption. This study attempted to access microfinance as a tool for poverty alleviation using women in Tamale Ghana as a case study. The general objective of the study was to find out the impact microfinance has on businesses, social lives, and the livelihoods of people who patronise it. The specific objectives included assessing the income levels of clients of microfinance institutions, finding out how credit is accessed and repaid, identifying the challenges they encounter in accessing micro financial services, and finally, evaluating the impact microfinance has on their socio-economic well-being and poverty levels of Ghanaians. It sampled 230 women using the Yamane taro 1967 formula. Structured questionnaire was administered to the sample for primary data which was analysed and presented using frequency distribution tables, bar and pie charts, and simple regression. It emerged from this study that, the average monthly income levels of most respondents increased as a result of enterprise expansion done with loans taken from microfinance institutions. This marginally improved their diet, access to healthcare, and education for their wards. The increase in income, however, did not reflect in respondents’ ability to save as almost of the income goes into loan repayment. This was attributed to high-interest rates charged on loans which are often accessed in solidarity groups and paid weekly. The non-payment of interest on deposits, the high interest charged on loans, and the frequent collapse of microfinance institutions due to high non-performing loan portfolios are challenges to accessing microfinance products and services. The study concluded that microfinance does have potencies that when channeled properly can unlock enormous economic benefits to lift the poor out of poverty. It was recommended that microfinance institutions be client-centered and industry regulators must be apt and dynamic in protecting clients and injecting sanity into the microfinance subsector. It is also recommended that further studies be done to understand whether reducing interest rates charged on loans by microfinance institutions will result in boosting repayments and enabling savings among loan clients.
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Venkataramanaiah Malepati
kabasha marc
ROLE OF MICROFINANCE INSTITUTIONS IN POVERTY REDUCTION EMPLOYMENT CREATION AND INCOME GENERATING ACTIVITIES IN GHANA
Ramatu Ussif
The poor been provided with financial services like credit, insurance, savings, and investment as employment creation and poverty reduction technique has earned much importance in the country for the past decade. This article examines microfinance institutions' role in poverty reduction, employment creation, and income-generating activities in Ghana. Again, it determines whether the institution has helped in the reduction of poverty, improving the standard and condition of living of its clients/customers. Primary and secondary data were used. A total of 90 respondents were interviewed made up of customers with questionnaires and was analyzed using SPSS. From the investigation, the article found out that microfinance institutions have highly impacted positively and significantly on customers in the form of income generation, employment creation, reducing poverty, increasing the standard of living and household's well-being of the customers. Also, the emanated results from the questionnaires administered reveal a favorable relationship between microfinance, poverty reduction and employment creation since most of the beneficiaries attested to a level of improvement in their businesses through the loans they receive and also improvement in their living standards and conditions since they became part of the microfinance program. Aside from the positive impacts, the institution is not without problems/issues affecting its operations and growth. These problems/issues include Risk problem, regulatory issues, capacity building problem, and problems of information gathering and dissemination which if stakeholders address properly, the microfinance institution will continue to contribute meaningfully towards employment creation, reducing poverty and increasing incomes across the world not only in Ghana.
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A Research Proposal Submitted to Addis Ababa University College of Business and Economics Department of Management, Graduate ... 2022 Addis Ababa, Ethiopia. Statement of Declaration I hereby declare that the work which is being presented in this project paper entitled ―Factors influencing the internationalization of firms: Case of Addis Ababa ...
The result is not sensitive to the used methodology, but optimistic future analysis. 9 vi 1. Introduction 1.1. Background of the Study A. Overview of Economic performance Ethiopia has experienced fast economic growth in recent years. With real GDP growth rate 11.0 %( double digit levels) since 2011/12, the country has consistently outperformed.
2,486,155 populations, of whom 1, 250,527 are men and 1,235,628 are women. Whereas, Bench Sheko zone. has total population 652, 531, of whom 323, 348 are men and 329,183 w. men.There are 1,052 total small and medium enterprises in the study area. About 502 small and medium enterprises are found in Jimma zone; an.
s concerned. 1.3 Objectives of the StudyThis study aims to examine the contribution of private investment to economic growth in Ethiopia over the past 40 years (1971-2011) and hence to evaluate a priori whether policies aimed at promoting private investment will be succ. ssful in raising the long run growth rate. Th.
This is to certify that the thesis entitles "Impacts of National Saving on Economic growth: In the case of Ethiopia", submitted to Jimma University for the award of the Degree of Master of Science in Economics (MSc) and is a record of bonafide research work carried out by Mr. Assefa Bekele Yomeso, under our guidance and supervision.
A proposal submitted in accordance with the requirements for the degree of Masters of Business Administration (MBA) at the Faculty of Business and Economics, Addis Ababa University Advisor: Lakew Alemu (Ph.D.) Addis Ababa, Ethiopia. November, 2021
This econo mic secto r makes up 46.6% of the GDP and provides opportunities for. other economic activities such as marketing and processing (EEA, 201 7). In 2015/16 fiscal year the industrial and ...
The Ethiopia Economy has shifted to a higher growth rate since 2003/04.This has been sustained and during the. last five years, over all GDP has grown rapidly at an average rate of 10% per annum. The domestic saving rate. was 5.9% in 2005/06 and remained at 5.5% in 2009/10.
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Scale Enterprise: Case Study Hawassa City Administration, Ethiopia A Thesis Submitted to the School of Graduate Studies of Jimma University in Partial Fulfillment of Requirements for the Award of the MSc. in Accounting and Finance BY: DESTA YOHANNES DELALO JIMMA UNIVERSITY BUSINESS AND ECONOMICS COLLEGE MSc. In ACCOUNTING AND FINANCE JUNE 2017
This research proposal is divided into two parts, the first one introduces the actual proposal; the statement of the problem, the objective, the research question, the hypothesis, the ... women in Ethiopia on economic and social aspects in rural and urban areas, showed that the status of women in the development arena was minimal both in rural ...
Download Free PDF. SCHOOL OF BUSINESS AND ECONOMICS DEPARTMENT OF ECONOMICS RESEARCH PROPOSAL ON IMPACT OF MICROFINANCE ON POVERTY REDUCTION IN THE CASE OF ADDIS ABABA ... Centre, University of Maryland. Micro-finance Development in Ethiopia, January 21-23, 2004, Awassa, Ethiopia Ministry of Finance and Economic Development (MoFED), Poverty ...
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Despite the country's success in economic growth and poverty reduction over the past decade, income inequality and unemployment remain formidable challenges in Ethiopia. According to the 2014 Central Statistics Authority report, average urban unemployment was as high as 16.5%.
Mohamed Research proposal; INTRODUCTION[1] INDIRA GANDHI NATIONAL OPEN UNIVERSITY (IGNOU) DEPARTMENT OF RURAL DEVELOPMENT. THE ROLE OF AGROFORESTRY PRACTICE FOR SUSTAINING THE RURAL LIVELIHOOD:-THE CASE OF BORECHA WOREDA, ILLUBABOR ZONE OF OROMIA REGIONAL STATE, ETHIOPIA. MASTER THESIS RESEARCH PROPOSAL. PROGRAM: RURAL DEVELOPMENT.
Project Development Objective (PDO). The PDO of the project (AGP) is to increase agricultural productivity and market access for key crop and livestock Products in targeted woredas with increased participation of women and youth. The Additional Financing would. contribute to the same PDO. 6. Key indicators.
THE ROLE OF MICRO AND SMALL ENTERPRISES FOR ECONOMIC EMPOWERNMENT: THE CASE OF ADDIS ABABA, ETHIOPIA A Research Submitted for Partial fulfillment of the requirements for the degree of Masters in Development Economics By Yoseph Sartie Submitted to: St. Mary's university, Institute of Agriculture and Development Studies
DEPARTMENT OF ECONOMICS JUNE, 2021 JIMMA, ETHIOPIA . ii Determinants of Participation in Off-farm Employment among Small Holder Farmers of Jimma Arjo District, East Wollega Zone, Oromia ... am deeply grateful to my research main advisor, Mr. Fikadu G. (Ph.D. Scholar) and Co-advisor Mr. Dereje A. (MSc) for their professional suggestions ...
The Growth Lab and the Government of Ethiopia initiated this engagement in 2019 to advance research, policy analysis, and knowledge sharing toward the goal of sustaining rapid and inclusive growth in the country. Over the three-and-a-half-year project, the Ethiopian economy faced pandemic, conflict, drought, and a range of other challenges.
Economics research college of business and economics department of economics proposal submitted to department of economics in partial fulfillment of the. Skip to document ... by continent were the result of changes in fertility and mortality rather than large-scale migration (Martin, 2009). Ethiopia is one of the fewer developing countries ...
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FOR MASTER OF ARTS IN RURAL DEVELOPMENT. TITLE OF THE THESIS: TO ASSESS THE SIGNIFICANCE OF COMMON INTEREST. GROUPS IN SOCIO-ECONOMIC EMPOWERINGMENT OF. CASE STUDY OFDIGELU TIJO DISTRICT. NATIONAL REGIONAL STATE, ETHIOPIA. RESEARCH PROPOSAL SUBMITTED TO INDIRA GANDHI NATIONAL OPEN UNIVERSITY, IN. PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE ...
4) Economic Impact: Cenchrus clandestinus is considered among the world's worst 100 weeds and is listed as a serious weed in eight countries (Holm et al., 1977). It is deliberately introduced as a useful plant for grazing or soil conservation, but because of its vegetative spread it can become invasive. It can establish