A QUALITATIVE APPROACH TO DETERMINE THE PROBLEMS AND CHALLENGES FACED BY MICROFINANCE INSTITUTION WITH REFERENCE TO POVERTY ALLEVIATION: A CASE OF DISTRICT BAHAWAL NAGAR, PUNJAB, PAKISTAN

• DOI: 10.32479/ijefi.10232
• Publication Date: 2020-07-14T15:45:00Z
• Authors: Zahid Iqbal; Rai Imtiaz Hussain; Muhammad Ali; Hamna Sohail; Hafiz Fawad Ali
• Keywords: Economics and Econometrics; HF5001-6182; Economics; FOS: Political science; Social Sciences; Business, Management and Accounting; FOS: Law; Microfinance; Accounting; Respondent; 0502 economics and business; Business; 10. No inequality; HB71-74; Poverty; Political science; Economic growth; Islamic Banking and Finance Literature Review; Microfinance, Gender Empowerment, and Economic Development; 05 social sciences; 1. No poverty; Loan; Economics, Econometrics and Finance; Economics as a science; 8. Economic growth; Law; Finance

This study aims are to identify the factors that create hurdle in poverty reduction with reference loan provided by Microfinance Institutions (MFIs) destitute people of District Bahawalnagar. In this questions regarding Utilization Loan for Immediate Needs (ULIM), Miss Match Amount (MMLA), Customer Capacity Utilizing (CCUL) and Addict (ULAC) were asked respondent through face interview. After than all interview was transcript MS Excel important themes identified their percentage frequencies. 12 four identified. Important ULIN is Spending amount on construction, marriages health & education, whereas compatibility amount, high interest rate processing fee derived from MMLA. Another question CCLU, lack business experience skill taking drugs addicts, gambler using recreational goods ULAC questions. All these will be shared MFIs working alleviation so a milestone elimination achieved controlling proper planning formulating policies factors. Keywords: Institutions, Poverty Alleviation, PakistanJEL Classifications: G21, I32DOI: https://doi.org/10.32479/ijefi.10232