Availability of Microfinance & Its Impact on Economic Growth: A Case Study of Rural Areas of Khyber Pakhtunkhwa

Nouman, Muhammad, Availability of Microfinance & Its Impact on Economic Growth: A Case Study of Rural Areas of Khyber Pakhtunkhwa (July 1, 2010).

11 Pages Posted: 24 Oct 2011 Last revised: 28 Jun 2014

See all articles by Muhammad Nouman

Muhammad Nouman

University of Agriculture, Peshawar

Faisal Khan

University of Peshawar

Date Written: July 1, 2010

Abstract

Microfinance is one of the most widely used tools for poverty reduction all over the world. This research provides an overview of the availability of microfinance and its impact on economic growth in the rural areas of Khyber Pakhtunkhwa, Pakistan. Opinion survey of the locals of different rural areas of Khyber Pakhtunkhwa has been conducted using schedule method. A sample size of 100 people has been selected from the randomly selected 35 villages of Khyber Pakhtunkhwa. Descriptive statistics for center and dispersion have been used for the purpose of analysis. Findings suggest that there is a huge gap between the amount of microfinance needed and the amount of microfinance that is available in the rural areas of Khyber Pakhtunkhwa. Moreover, the available microfinance facilities are not generating sufficient economic activities.

Available at SSRN: http://ssrn.com/abstract=1944406

Keywords: Microfinance, Availability, economic growth, Khyber Pakhtunkhwa, Pakistan

Suggested Citation

Nouman, Muhammad and Khan, Faisal, Availability of Microfinance & Its Impact on Economic Growth: A Case Study of Rural Areas of Khyber Pakhtunkhwa (July 1, 2010). Nouman, Muhammad, Availability of Microfinance & Its Impact on Economic Growth: A Case Study of Rural Areas of Khyber Pakhtunkhwa (July 1, 2010). , Available at SSRN: https://ssrn.com/abstract=1944406 or http://dx.doi.org/10.2139/ssrn.1944406

Muhammad Nouman (Contact Author)

University of Agriculture, Peshawar ( email )

Peshawar
Peshawar, Khyber Pakhtun Khwa 25000
Pakistan

Faisal Khan

University of Peshawar ( email )

Quaid-E-Azam College of Commerce
Peshawar, Khyber Pukhtoon Khwa 25125
Pakistan

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