Effectiveness Is the Microfinance Programme in Poverty Reduction Paper
Business Finance
TASK 1
Microfinance emerged as a noble substitute for informal credit and an effective and powerful instrument for poverty reduction among people, who are economically active, but financially constrained and vulnerable in various countries. Microfinance covers a broad range of financial services including loans, deposits and payment services and insurance to the poor and low-income households and their micro enterprises. Microfinance institutions have shown a significant contribution towards the poor in rural, semi urban or urban areas for enabling them to raise their income level and living standards in various countries. (Abstract from a Working Paper by Sunitha Shree).
You are required to choose a country of your preference and discuss on the following:-
Examine how effective is the microfinance programme in poverty reduction in the country of your choice. You also need to examine the poverty level of the country before and after the practice of microfinance programme. You may use the below points in your research and it is subject to limitation. Your report should not exceed 10 pages.
Study the functioning of microfinance.
Deliberate on the financial products and the impacts on the lives of the beneficiaries of microfinance programme.
Explore on the impact of microfinance in increasing the living standards of the poor people.
Investigate the role of microfinance to accumulate household assets of the beneficiaries.
Task 2
Examine on the SWOT analysis of microfinance programme in that country and give your recommendation for better implementations of the policy measures. Your report should not exceed 10 pages.
Proper referencing and citation should be observed. Harvard Referencing should be followed.
