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Role of Microfinance to Alleviate Poverty in Pakistan

Year: 2025

Type: article

Abstract: Microfinance has been economic driver for many countries and helps in building economy and prosperity. While number of banks and MFIs has been working in Pakistan yet a there is a stagnant growth in economy. The purpose of this study is to analyze the role of microfinance on poverty alleviation, Microfinance directly affects socio economic factors such as income generation, Health facilities access to education as well as entrepreneurial and employment opportunities. This study evaluates whether microfinance plays a crucial role in empowering individuals in their financial matters and also it aims to provide insights into its contribution to poverty alleviation.

Source: Indus journal of social sciences.

DOI: 10.59075/ijss.v3i1.914

Authors: Arslan Elven, Dr. Sohaib Uz Zaman

Institution: University of Karachi

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth, Reduced inequalities

Open Access status: diamond

OpenAlex ID: W4408766511

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