preloader

Article DetailsArticle Details

Impact of Microfinance on Household Income: Evidence from Village Level Study in Orissa

Impact of Microfinance on Household Income: Evidence from Village Level Study in Orissa

DATE PUBLISHED
Published December 10, 2015
SECTION
Articles

Author Details

Abstract

This studies, the impact of microfinance interventions on the income of rural households in orissa. A stratified random sampling technique was employed to select households from four districts in the state of Orissa. The sample households were further classified into two groups according to their livelihood patterns: agriculture & allied activity and microenterprise & trading activity. A comparison between the target group of households participating in microfinance programs and a control group was carried out by a univariate z-test and by multiple regression analysis. The inequality in income distribution was analysed in terms of
the Gini coefficient and the Lorenz curve. The study provides strong evidence of the positive effect of microfinance programs on the income of the participating
households.

Keywords

Microfinance, Household income, Microenterprise, Gini coefficient

References

Buckley, G. (1997). Micro Finance in Africa : Is it either a

Problem or Solution? World Development,

(7) : 1081-1094.Dash, A. (2003). “Poverty

and Sustainability: Achieving Double Bottom

Line in Microfinance”. Paper Presented in 2nd

Impact Global Meeting, South Africa, May 5-

, 2003.

Dahiya, P.S., N.K. Pandey, and A. Karol (2001). “Socio-

Economic Evaluation of Self-Help Groups in

solan District of Himachal Pradesh : Impact,

Issues and Policy Implications”. Indian

Journal of Agriculture Economics, 56(3) :

-487.

Desilva, D. and N. Denby (1992). Banking the Unbankable

:Bring Credit to the Poor. New Delhi :

Horizon India Books.Guide.Kumarian Press Inc., Bloomfield CT, 2005.

Hulme, D. (2000). “Is Microdebt Good for people ?A Note

on Dark side of Microfinance”.Small

Enterprise Development, 11(1) : 26-28.

Jain, R., R.K. Kushawaha, and A.K. Srivastava

(2003).“Socio-Economic Impact through

Self-Help Groups”.Yojana, July Issue : 11-12.

Kabber, N. (2001). “Conflicts over credit : Re-evaluating the

empowerment potential of loans to women in

rural Bangladesh”. World Development,

(1) : 63-84.

Kando, T. (2007).“Impact of Microfinance on Rural

Households in the Philippines.A Case Study

from the Special Evaluation Study on the

Effects of Microfinance Operations on Poor

Rural Households and the Status of

Women”.Operational Evaluation, Asian

Development Bank, Manila.

Kumari, Y.I. and B.S. Rao (2001). “Emergence of Women

Self-Help Groups and its Impact on Rural

Development : A Case Study in Krishna

District of Andhra Pradesh”. Indian Journal

of Agriculture Economics, 56(3) : 485.

Makina, D, and L.M. Malobola (2004). “Impact Assessment

of Microfinance Programmes, Including

Lessons from Khula Enterprise Finance”.

Development Southern Africa, 21(5) : 799-

Mishra, J.P., R.R. Verma, and V.K. Singh (2001).“Socio-

Economic Analysis of Rural Self-Help

Groups Scheme in Block Amaniganj, District

Faizabad (Uttar Pradesh)”.Indian Journal of

Agriculture Economics, 56(3) : 473-474.

Morduch, J. (1998). “Does Micro-finance Really Help the

Poor? New Evidence from Flagship Programs

in Bangladesh”.Manuscript of Harvard

University and Stanford University.

Nagayya, D. (2000). “Microfinance for Self Help

Groups”.Kurukshetra, 48(11) : 10-15.

Panda, D.J. (2009b). “Participation in Group based

Microfinance and its Impact on Rural

Households : A Quasi-experimental Evidence

from an India State”. Global Journal of

Finance and Management, 1(2) : 171-183.

Panda, D.K. (2008). “Performance of Self Help Groups

under Microfinance Programmes : Evidence

from a Tribal District of Orissa”. VikasVani

Journal, 2(3) : 51-60.

SIDBI (2008). “Assessing Development Impact of

Microfinance Programmes : Findings and

Policy Implications from a National Study of

Indian Microfinance Sector”. Small Industries

Development Bank of India, Lucknow, India.

Zewde, Z.N. and E. Tollens (2008). “Microfinance Impact

Evaluation at Household Level” in : Lazar, D.

and Palanichamy, P (eds.). Microfinance and

Poverty Eradication : Indian and Global

Experience. New Delhi : New Century

Publications, pp. 294-320.

Subscribe
to our newsletter

Subscribe
to our newsletter