Catalyzing Socioeconomic Change: Exploring Microfinance's Impact on Poverty Dynamics in Afghanistan
DOI:
https://doi.org/10.47611/jsrhs.v12i4.5859Keywords:
Microfinance, Poverty Dynamics, Socioeconomic Change, AfghanistanAbstract
Amidst the challenges of post-conflict reconstruction and poverty reduction, this study delves into the dynamics of microfinance and its potential to catalyze socio-economic change in Afghanistan. With a focus on critical indicators including employment rates, literacy rates, infant mortality rates, and the national poverty headcount ratio, this research examines the nuanced relationship between microfinance and poverty alleviation. Employing a quantitative approach, the study employs regression analyses to unveil the impacts of microfinance engagement indicators on these socio-economic variables. Drawing from a rich collection of secondary data, this research collects four dimensions of microfinance engagement (i.e. number of active borrowers, gross loan portfolio, amount of savings, and number of active savers) and employs them as parameters vis-à-vis the critical indicators. This research conducts a systemic analysis of the empirical evidence and contributes to the understanding of how microfinance interventions can pave the way for a more inclusive and prosperous future for Afghanistan.
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Mussel, Al. (2017). ‘Temporary Workers’, Temporary Fathers: Transnational Family Impacts of Canada’s “Seasonal Agricultural Worker Program.” Relations Industrielles / Industrial Relations, 72(4), 682–709. http://www.jstor.org/stable/26625247
Nagarajan, G. (1998). Microfinance in the wake of natural disasters: Challenges and opportunities. USAID. https://pdf.usaid.gov/pdf_docs/Pnacd461.pdf
Razzaque, M. A. (2010). Microfinance and Poverty Reduction: Evidence from A Longitudinal Household Panel Database. The Bangladesh Development Studies, 33(3), 47–68. http://www.jstor.org/stable/23339852
SHIRAZI, N. S., & KHAN, A. U. (2009). ROLE OF PAKISTAN POVERTY ALLEVIATION FUND’S MICRO CREDIT IN POVERTY ALLEVIATION: A Case of Pakistan. Pakistan Economic and Social Review, 47(2), 215–228. http://www.jstor.org/stable/25825353
Agbylor, E. (n.d.). Sustainability, growth and impact of MFIs in Africa. MRPA. https://mpra.ub.uni-muenchen.de/111752/1/MPRA_paper_111752.pdf.
Banerjee, A., Duflo, E., Glennerster, R., & Kinnan, C. (2015). The Miracle of Microfinance? Evidence from a Randomized Evaluation. American Economic Journal: Applied Economics, 7(1), 22–53. http://www.jstor.org/stable/43189512
Calabria, E. (2020). In the interest of saving: Refugee-led microfinance in Kampala, Uganda. Wiley Online Library. https://onlinelibrary.wiley.com/doi/10.1111/dpr.12500
Chatterjee, P., & Sarangi, S. (2006). [Review of The Economics of Microfinance, by B. A. de Aghion & J. Morduch]. Southern Economic Journal, 73(1), 259–264. https://doi.org/10.2307/20111887
Chomen, D. A. (2021, October 26). The role of microfinance institutions on Poverty Reduction in Ethiopia: The case of oromia credit and saving share company at Welmera District . SpringerOpen. https://fbj.springeropen.com/articles/10.1186/s43093-021-00082-9
Duong, H. (2022). The impact of microfinance on poverty reduction in Vietnam: A dynamic panel-data analysis. Wiley Online Library. https://onlinelibrary.wiley.com/doi/full/10.1002/pop4.354
Hashemi. (1999, February 22). Rural credit programs and women’s empowerment in Bangladesh. ScienceDirect. https://www.sciencedirect.com/science/article/abs/pii/0305750X9500159A
Hussein, M. (2009). The State of Microfinance in Afghanistan. FinDev Gateway. https://www.findevgateway.org/sites/default/files/publications/files/mfg-en-paper-the-state-of-microfinance-in-afghanistan-2009.pdf
International Journal of Academic Research in Economics and Management Sciences. (2013). Empirical Study of the Impact of Microfinance Bank on Small and Medium Growth in Nigeria. HRMARS. https://hrmars.com/papers_submitted/465/Empirical_Study_of_the_Impact_of_Microfinance_Bank_on_Small_and_Medium_Growth_in_Nigeria.pdf
Kalanda, A. (2006). Development of malawi’s Microfinance Regulation and Supervision. Find Dev Gateway. https://www.findevgateway.org/sites/default/files/publications/files/mfg-en-paper-development-of-malawis-microfinance-regulation-and-supervision-jan-2006_0.pdf
Kamal Vatta. (2003). Microfinance and Poverty Alleviation. Economic and Political Weekly, 38(5), 432–433. http://www.jstor.org/stable/4413155
Karlan, D., & Zinman, J. (2011). Microcredit in theory and practice: using randomized credit scoring for impact evaluation. Science (New York, N.Y.), 332(6035), 1278–1284. https://doi.org/10.1126/science.1200138
Khan, L. (2022). Effect of Microfinance on Poverty Reduction and Economic Growth of Developing Economies. ResearchGate. https://www.researchgate.net/profile/Liaquat-Ali-Khan-2/publication/364318118_Effect_of_microfinance_on_poverty_reduction_and_economic_growth_of_developing_economies/links/63471dee76e39959d6baa637/Effect-of-microfinance-on-poverty-reduction-and-economic-growth-of-developing-economies.pdf?origin=publication_detail
Khandker, S. R., & Samad, H. A. (2014). Microfinance Growth and Poverty Reduction in Bangladesh: What Does the Longitudinal Data Say? The Bangladesh Development Studies, 37(1 & 2), 127–157. https://www.jstor.org/stable/26538550
Khandker, S. (1998). Fighting Poverty with Microcredit: Experience in Bangladesh. SCIRP. https://www.scirp.org/(S(351jmbntv-nsjt1aadkposzje))/reference/referencespapers.aspx?referenceid=278038
Kurter, O. & Husseini, İ. A. (2021). EVALUATION OF STRATEGIC MANAGEMENT ISSUES RELATED TO THE MİCROFINANCE INDUSTRY AND SMALL AND MEDIUM ENTERPRISES IN AFGHANISTAN . Uluslararası Finansal Ekonomi ve Bankacılık Uygulamaları Dergisi. https://dergipark.org.tr/en/pub/ufebud/issue/65094/997775
Ligon, E. & S. (2011, February 1). The value of social networks in rural Paraguay. CUDARE Working Papers. https://ideas.repec.org/p/ags/ucbecw/120419.html
Lutfi, N. (2021). Microfinance institutions in Afghanistan: Developments. Karabuk. http://acikerisim.karabuk.edu.tr:8080/xmlui/bitstream/handle/123456789/1091/10381146.pdf?sequence=1
Mussel, Al. (2017). ‘Temporary Workers’, Temporary Fathers: Transnational Family Impacts of Canada’s “Seasonal Agricultural Worker Program.” Relations Industrielles / Industrial Relations, 72(4), 682–709. http://www.jstor.org/stable/26625247
Nagarajan, G. (1998). Microfinance in the wake of natural disasters: Challenges and opportunities. USAID. https://pdf.usaid.gov/pdf_docs/Pnacd461.pdf
Razzaque, M. A. (2010). Microfinance and Poverty Reduction: Evidence from A Longitudinal Household Panel Database. The Bangladesh Development Studies, 33(3), 47–68. http://www.jstor.org/stable/23339852
SHIRAZI, N. S., & KHAN, A. U. (2009). ROLE OF PAKISTAN POVERTY ALLEVIATION FUND’S MICRO CREDIT IN POVERTY ALLEVIATION: A Case of Pakistan. Pakistan Economic and Social Review, 47(2), 215–228. http://www.jstor.org/stable/25825353
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