A Case Study of Micro Financing in the Suburbs of District Rawalpindi Pakistan

Abstract

The present study aims at assessing the impact of micro-credit on the standard of living and poverty alleviation.  This study provides an overview of the qualitative components of the previously conducted research. In all there were 35 participants of the study and all of them were female beneficiaries. A questionnaire method was used for data collection in order to get possible responses. The questionnaire is based on the open end and close end data. Participants were requested to share their personal experiences regarding micro-credit.  The study has found out that micro credit has a positive impact on social – economic growth of the beneficiaries of the loan as well as their families. It is also noted that the number of loans is directly associated with outcomes.

Keywords:  Micro Financing, Poverty alleviation, Suburbs, Females, Pakistan