Microfinance institutions and poverty alleviation : a case study Sudan Microfinance Yei County
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Date
2010-06
Authors
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Journal ISSN
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Publisher
Kampala International University.College of Economics and Management
Abstract
The study was conducted to investigate the Micro finance institution and poverty alleviation
reduction case study Sudan Microfinance Yei County. The study intended to investigate the
Micro finance institution and poverty alleviation reduction case study Sudan Microfinance Yei
County. The independent variable was microfinance operations, while the dependent variable
poverty alleviation operations. The study sought to investigate the impact of microfinance
institution on poverty alleviation, since there was no significant documentation on the impact of
microfinance on poverty alleviation.
The study findings revealed that 67% of the respondents agree or support that SUMI has helped
in the poverty alleviation in Y ei County. Furthermore, the findings also revealed that 67% of the
respondents agreed that SUMI observed that ensuring loan payment strategy was the best way
and strategy that can be implemented in extending its services to its clients.
The study used survey and data collection process was done by using instruments such as
administered questionnaire and interviewing for primary data, on sample size of 120 and target
population of 350 and extensive library research, which data was analyzed and presented in form
of tables, percentage distribution and frequency distribution. Using Microsoft excel software,
therefore, the study found out that, microfinance institutions have benefited the people in Yei
County.
It was therefore concluded that the microfinance institutions seem to have impacted on the
pove1iy alleviation in Y ei County thus causing improved performance, efficiency and
effectiveness in the economy in general in terms of increased investments and improved
productivity job creation.
Thus it was recommended that government and the management of Sudan Micro Finance Yei
County need to improve its programs to improve on the pove1iy levels in the county, in addition
an improvement in the judicial system is necessary so that the legal system is quicker and
supports the rights of borrowers and lenders. Research also recommends on the improvement on
the transparency of cash management so as to solve the problems of poverty in the county. There
fore more research has been conducted to test the validity of this option as it could be a tool to
solve the problems associated with poverty alleviation by Microfinance institutions in the
country
Description
Research report submitted to the School of Business and Management in partial fulfilment of the a ward of a bachelors degree in Business Administration of Kampala International University
Keywords
Microfinance, Institutions, poverty, Alleviation