The Impact of Microfinance on Poverty Reduction in Egypt: An Empirical Study

El Hadidi, Hala

doi:10.21608/aja.2020.88344

The Impact of Microfinance on Poverty Reduction in Egypt: An Empirical Study

نوع المستند : بحوث باللغة الإنجلیزیة

المؤلف

Hala El Hadidi

Department of Business Administration, The British University in Egypt

10.21608/aja.2020.88344

المستخلص

Microfinance became a critical aspect in the credit markets as an effective tool for poverty reduction and socioeconomic-development. Yet, the impact still questioned and varies from one country to another and from urban to rural areas. The aim of this paper is to examine the role of Egyptian microfinance on household income. A cross-sectional survey interviewed 780 from old and new clients in Greater Cairo and rural areas in Egypt. The stratified random method was used to collect the data from urban and rural districts. The finding of multinomial logistic reveals that Microfinance has positive impact on household income of women borrowers who spent three years in the scheme as compared to new borrowers who have not received treatment.

الكلمات الرئيسية

الموضوعات الرئيسية

الاقتصاد

المراجع

Agnes, Y. (2016). “Engendering Microfinance Services: Beyond Access”, Paper presented at the Women’s Empowerment or Feminisation of Debt? Workshop, London, March.

Al-mamun, Abdullah; Mohammad, Nurul; Huda, Mazumder & Malarvizhi, C. A. (2014). Measuring the effect of amanah ikhtiar Malaysia’s microcredit programme on economic vulnerability among hardcore poor households. Progress in Development Studies, 1, 49–59.

Al-Shami, Sayed; Samer, Ali; Izaidin Bin Adbul Majid; Nurulizwa Abdul Rashid & Mohd Syaiful Rizal Bin Abdul Hamid. (2016). “Conceptual framework: The role of microfinance on the wellbeing of poor people cases studies from Malaysia and Yemen”, Asian Social Science, 10 (1), 230–42.

Amolat, F. R. (2016). Client Impact Assessment: KMBI Program Impact Assessment for Microfinance Implementation for Region 1.

Anderson, L.; Locker, L.; Nugent, R. (2016). “Microcredit, Social Capital, and Common Pool Resources”, World Development, Vol. 30, No.1, 95-105.

Angelucci, Manuela; Dean S., Karlan & Jonathan, Zinman. (2013). Win some lose some? Evidence from a randomized microcredit program placement experiment by compartamos banco. Institute for the Study of Labor (IZA), 7439,71.

Armendáriz de Aghion & Morduch, J. (2013). “Microfinance beyond group lending”, Economics of Transition, 8, (2), 401–20.

Armendáriz; Beatriz; Aghion & Jonathan Morduch. (2013). “The economics of microfinance”, Economic Record, 82, 491–92.

Barsoum, Ghada. (2015). “Who gets credit? The Gendered Division of Microfinance Programs in Egypt”, Canadian Journal of Development Studies, 27, (1), 51-64.

Drolet, J. (2015). Women, Microcredit and Empowerment in Cairo, Egypt, International social work. Vol. 5, pp. 23-35.

Druschel, K. (2016). State of the Microcredit Summit Campaign Report. Washington, D.C.: Microcredit Summit Campaign Secretariat.

Engle, P. (2015). “Father’s Money, Mother’s Money, and Parental Commitment: Guatemala and Nicaragua.” In: RaeLesser Blumberg et al. Boulder, Colo (eds.) Engendering Wealth and Well-Being: Empowerment for Global Change. Westview Press. 20

Ghaliba, Asad K.; Issam, Malki & Katsushi, S. Imai. (2015). Microfinance and household poverty reduction: Empirical evidence from rural Pakistan. Oxford Development Studies, 84–104.

Hashemi, S. M.; S. R. Schuler & A. Riley. (2016). “Rural credit programs and women’s empowerment in Bangladesh”, World Development, 24 (4), 635–53.

Hiatt, Shon R. & Warner P. Woodworth. (2013). “Alleviating poverty through microfinance: Village banking outcomes in Central America|, The Social Science Journal, 43 (3), 471–77.

Imai, Katsushi S., Raghav, Gaiha, Ganesh, Thapa, & Samuel, Kobina Annim. (2016). “Microfinance and poverty-a macro perspective|, World Development, 40 (8), 1675–89.

Johnson & Rogaly. (2012). Microfinance and poverty reduction. UK and Ireland: UK: Oxfam.

Kabeer, Naila. (2015). Resources, Agency, Achievements: Measurement of women’ empowerment. Blackwell Publishing Limited, 30(May), 435–64.

Karlan, Dean. (2012). “Cross sectional impact analysis: Bias from dropouts”, Microfinance Journal (December). Vol. 3; No. 2, pp. 343-366.

Kondo, Toshio, Aniceto, Orbeta Jr., Clarence ,Dingcong, & Christine, Infantado. (2014). “Impact of microfinance on rural households in the Philippines”, IDS Bulletin, 39 (1), 51–70.

Ledgerwood, Joanna. (2014). Microfinance handbook: An Institutional and Financial Perspective. Washing. World Bank.

Littlefield, Elizabeth, Jonathan Murduch, & Syed Hashemi. (2003). Is microfinance an effective strategy to reach the millennium development goals?, https://www.mikrofinanzwiki.de/file/570/is_mf_an_effective_strategy_to_reach_the_mdg_2003.pdf

Morduch, Jonathan, & Robert F. Wagner Graduate. (2002). Analysis of the effects of microfinance on poverty reduction. NYU Wagner Working Paper No. 1014, Issued June 28.

Morris, Gayle & Carolyn Barnes. (2013). “An assessment of the impact of microfinance”, Journal of Microfinance, 7 (1), 39–54.

Nader, Y. (2016). “Microcredit and the socio-economic wellbeing of women and their families in Cairo”, The Journal of Socio-economics, 37 (2008) 644-656. No. 1. pp: 45–63.

Navajas, Sergio, Mark, Schreiner, Richard L., Meyer, Claudio, Gonzalez-vega & Jorge, Rodriguez-meza. (2012). Microcredit and the poorest of the poor: Theory and evidence from olivia. World Development, 28 (2), 333–46.

Oxaal, Z., Baden, S. (2013). Gender and Empowerment: definitions, approaches and implications for policy. Institute of Development Studies. University of Sussex, UK. Vol. 3, pp 532-556.

Rahman, A. (2015). “Micro-credit Initiatives for Equitable and Sustainable Development: Who Pays?” World Development, 27, No. 1. pp: 67–82.

Razavi, S. (2014). “From Rags to Riches: Looking at Poverty from a Gender Perspective”, IDS Bulletin, 28, No. 3. pp: 49–62.

Robinson., Marguerite. (2013). The microfinance revolution sustainable finance for the poor. Washington, US: World Bank.

Roodman, David & Jonathan, Morduch. (2015). Impact of microcredit on the poor in Bangladesh: Revisiting the Evidence. Washington.

Rooyen, C., R. Stewart & T. De Wet. (2015). “The impact of microfinance in Sub-Saharan Africa: A systematic review of the evidence”, World Development, 40, 2249–62.

Salib, S. (2014). “FORA’s Impact among Migrants: Primary Findings”, Oak Brook, Ill.: Opportunity International Network. Vol. 3, pp. 56-82.

Sen, G. (2015). “Engendering Poverty Alleviation: Challenges and Opportunities”, Development and Change. Vo. 2. No. 30. pp: 685–92.

Swain, Ranjula Bali & Adel, Varghese. (2015). “Does self help group participation lead to asset creation?”, World Development, 37, 1674–82