International Journal of Research in Social Sciences

  • Year: 2017
  • Volume: 7
  • Issue: 8

Role of microfinance in poverty alleviation in africa-meta analysis

  • Author:
  • Irshad Ahmed1, Bezawit Lema2
  • Total Page Count: 17
  • DOI:
  • Page Number: 68 to 84

1Associate professor, Department of management studies, College of business and economics, Assosa university, Assosa, Ethiopia, East Africa

2Head of The Department, Department of Management Studies, College of Business and Economics, Assosa University, Assosa, Ethiopia, East Africa

Abstract

As there are concerns that Africa‘s recovery will be delayed and the longer term growth lowered, the key policy question is how to bring the continent quickly to high and sustainable growth path. Africa is at a turning point. Many countries have achieved high growth rates over the past decade, and many aspire to structural transformation, but the good performance has not translated into significant poverty reduction and shared prosperity. It has yet to provide low-income households and other vulnerable groups enough opportunity to improve their living standards. The paper has been done based on various review of literatures and research papers on the contribution of Micro-finance institutions in upliftment of the below poverty line. Micro finance plays a predominant role in rural parts of Africa which shows the significant changes in livelihood and lifestyle of below poverty line. The data interpretation of the different statistical tools says that there is significance different between the life style, Health and nutritional values awareness, between the members of MFI‘s and non MFI‘s.

Keywords

Vulnerable Groups, Financial Sustainability, Capacity Building, Disseminating, Empirical Investigation