|Title:||MICROFINANCE AND IMPROVEMENT IN LIVING STANDARDS: A PATHWAY OUT OF POVERTY (the case of Enemay Woreda, Eastern Gojjam, Amhara Regional State)|
|Abstract:||Since the 1970s there has been a strongly growing interest in considering microfinancing as a viable strategy for the poor. Especially after the success of the Grameen Bank, the system has been duplicated in the different parts of the developing world. Ethiopia is also one of the countries where microfinance has been given due consideration as a safety net for the poor to help them overcome the adversities of poverty. Microfinance institutions, as mentioned above, are basically set up with the goal of poverty reduction. Hence, the situation whether the objective of these MFIs is met merits special consideration by way of impact assessment. Although several studies have been conducted so far, the impact of microfinance on poverty reduction still remains an issue to be addressed. This study tries to answer three important questions: how well ACSI has been working regarding repayment and outreach; what welfare difference ACSI has brought on the clients and what opinion the clients have regarding the services provided by ACSI. With the above objectives in mind, the research work employed questionnaires (developed by UNSAID’s AIMS Project), key informants; focus group discussions, and observations to obtain primary data. In addition, secondary sources of data have also been used. Eventually, using a mix of qualitative and quantitative tools(such as logit model), the study found out that ACSI has brought positive impacts in income, consumption, asset building( in urban areas in particular) and decision making in household activities. However, much is to be done in incorporating more females in the program and in devising strategies in such a way that clients would look for other alternative income generating ventures, other than, for example, buying ox and sheep in rural areas and cereals trading in urban areas of Enemay Woreda. In addition, loan size ought to be considered in addition to providing the poor with trainings and technical backup.|
|Description:||A Thesis submitted to the school of graduate studies of Addis Ababa University in partial fulfillment of the requirements for the degree of Master of Arts in Regional and Local Development Studies (RLDS)|
|Appears in Collections:||Center for Regional and Local Development Studies|
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