International Journal of Business Reflections, Vol 2, No 1 (2021)

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THE IMPACT OF MICROCREDIT ON POVERTY ALLEVIATION: A STUDY OF SHAHEED BENAZIRABAD DISTRICT, PAKISTAN

Bab Shah, Muhammad Arif

Abstract


Poverty is all the time a major concern in developing countries all through the history and many strategies taken and implement for alleviation of this issue so in this context the key objective of this study is to examine and find out the impact of microcredit on poverty alleviation of credit users of in Shaheed Benazirabad District. By using concepts such like education, living standards, income, health, food and nutrition, electricity, assets, expenditure and employment, a sample of 370 credit users were selected through cluster simple random sampling and survey questionnaire used to collect data and analysis through SPSS.  The key findings of the study reveal that living standard and income level increases after utilizing the microcredit. The present research work has a noteworthy contribution in explaining and solving of some the myths of the microfinance, in addition, advancing the research and literature because the region in which the study conducts was untouched before this study on this important subject of poverty alleviation.


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