INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
ABSTRACT: Poverty is one of the common obstacles of achieving higher growth and enhancing the standard of living of the people in most of the low income countries. Like other low income countries, Government of India has been implementing various schemes and programs to alleviate poverty since independence. In this context attempt has been made to analyze the impact of group loans on income and living standard of rural poor. For this purpose primary data has been collected from 243 households (200 beneficiaries and 43 non beneficiaries). 20 Self Help Groups (consisting 200 households), formed under Government sponsored poverty alleviation programme in district Ferozepur Punjab have been selected. Results of study show that project dairy is somewhat successful but handloom project is unsuccessful. Apart from that study shows positive but not significant impact of microfinance on the standard of living of poor. Also repayment rate is 64% that is very low.
Keywords:
Keywords: Poverty, Self help Group, Beneficiaries, Microfinance.
Cite Article:
"ASSESSING THE IMPACT OF MICROLOANS ON RURAL POOR", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 5, page no.1182-1187, May-2022, Available :http://www.ijnrd.org/papers/IJNRD2205145.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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