Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/196961 
Year of Publication: 
2018
Citation: 
[Journal:] Journal of Global Entrepreneurship Research [ISSN:] 2251-7316 [Volume:] 8 [Issue:] 27 [Publisher:] Springer [Place:] Heidelberg [Year:] 2018 [Pages:] 1-17
Publisher: 
Springer, Heidelberg
Abstract: 
Microfinance services have emerged as an effective tool for financing micro-entrepreneurs to alleviate poverty. Since the 1970s, development theorists have considered non-governmental microfinance institutions (MFIs) as the leading practitioners of sustainable development through financing micro-entrepreneurial activities. This study evaluates the impact of micro-finance services provided by MFIs on poverty alleviation. In this vein, we examine whether microfinance services contribute to poverty alleviation, and also identify bottlenecks in micro-finance programs and operations. The results indicate that the micro-loans have a statistically significant positive impact on the poverty alleviation index and consequently improve the living standard of borrowers by increasing their level of income.
Subjects: 
Poverty alleviation
Microcredit
NGOs
Sustainable rural development
Developing country
Bangladesh
JEL: 
C13
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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