This thesis examines the effectiveness of microfinance in the socio-economic development with the major focus on poverty reduction and gender equality (in the sense of women empowerment) in Northern part of India.
The purpose of this research is to measure the effectiveness of microfinance in the sense of socio-economic development in the Northern part of India. The aim has been accomplished by using the methods of statistical analysis and through the examination of primary and secondary data. The methods of data analysis that were employed in the research incorporated chi-square tests, independent sample t-tests and binary logistic regressions.
The data has been analysed based on the survey of 100 respondents, who were below nationally defined poverty line in Lucknow (Major metropolitan city of North India) and areas nearby. The survey data was divided into two parts i.e. 60% of the respondents were the non-microfinance respondents and remaining 40% were the microfinance recipients. Recommendations regarding the research have been based on the findings from the analysis. Findings of the study have shown that young entrepreneurs who are below poverty line are more likely to apply for the micro loan. This has been explained by the binary logistic regression analysis of the whole sample. Further, the findings show that microfinance has very low outreach in North India.
This has been explained by the data from the MIX market, level of awareness of microfinance among the non-microfinance respondents and the case study of Nat Purva Village near Lucknow. Furthermore, the results disclosed that microfinance recipients face difficulty while applying to micro loan due to which they also face difficulty in paying the loan amount with interest back. This has been explained by the chi-square test and binary logistic regression analysis of the responses from the microfinance recipients.
However, overall impact of microfinance on both poverty reduction and gender equality is turned out to be positive. This has been explained by MFI’s major focus on women entrepreneurs, changes in social and economic conditions of the recipients after taking the micro loan, expenditure of the recipients on education of children, recipient’s recommendations regarding micro loan and the ability of recipients to apply for the micro loan again.
Inhaltsverzeichnis (Table of Contents)
- Chapter 1: Introduction
- 1.1 Definition of microfinance
- 1.2 Why India
- 1.3 Why North India
- 1.4 Microfinance delivery models in North India
- 1.5 Aims and Objectives of the research
- 1.6 Summary
- Chapter 2: Literature Review
- 2.1 Introduction
- 2.2 Micro Finance Loans and their uses
- 2.3 International Evidence
- 2.4 Indian Evidence
- 2.5 Scope of Research and Possible Contribution
- 2.6 Some Possible Research Hypothesis
- Chapter 3: Methodology
- 3.1 Research Philosophy and Approach
- 3.2 Research Strategy
- 3.3 Data
- 3.4 Methods of data analysis
- 3.5 Limitations
- Chapter 4: Findings and Analysis
- 4.1 Analysis of the whole sample
- 4.2 Analysis of the sample of non-microfinance respondents
- 4.3 Analysis of the sample of microfinance recipients
- 4.3.1 Chi-Square Test with cross-tabulation
- 4.3.2 Independent- Samples T-Test
- 4.3.3 Binary Logistic Regression
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This research aims to evaluate the effectiveness of microfinance in promoting socio-economic development in Northern India. This objective is achieved through the use of statistical analysis and the examination of primary and secondary data. The study analyzes data from a survey of 100 respondents living below the poverty line in Lucknow and surrounding areas. The analysis includes chi-square tests, independent sample t-tests, and binary logistic regressions.
- The effectiveness of microfinance in socio-economic development in Northern India
- The impact of microfinance on poverty reduction and gender equality
- The challenges faced by microfinance recipients in accessing and repaying micro loans
- The outreach of microfinance in North India
- The factors influencing microfinance loan applications
Zusammenfassung der Kapitel (Chapter Summaries)
Chapter 1: Introduction introduces the concept of microfinance and the rationale behind focusing on Northern India. It outlines the microfinance delivery models prevalent in the region and defines the research's aims and objectives.
Chapter 2: Literature Review provides an overview of existing research on microfinance loans and their impact, examining both international and Indian evidence. It also discusses the scope of the research and potential contributions.
Chapter 3: Methodology outlines the research philosophy and approach, detailing the research strategy, data collection methods, and data analysis techniques. It also addresses potential limitations of the study.
Chapter 4: Findings and Analysis presents the analysis of the survey data. It examines the characteristics of the overall sample, focusing on the experiences of both non-microfinance respondents and microfinance recipients. The analysis utilizes chi-square tests, independent sample t-tests, and binary logistic regressions to explore various factors related to microfinance access, repayment, and overall impact.
Schlüsselwörter (Keywords)
The research centers on microfinance, particularly its role in promoting socio-economic development in Northern India. Key themes explored include poverty reduction, gender equality, joint liability groups, and the challenges faced by microfinance recipients in accessing and repaying loans. The study also examines the outreach of microfinance in the region and the factors influencing loan applications.
- Arbeit zitieren
- Kumar Deepam (Autor:in), 2015, Microfinance as a driving force for socio-economic development in emerging economies. Measuring its effectiveness in North India, München, GRIN Verlag, https://www.grin.com/document/310204
