Microfinance as a tool for poverty reduction: A study of Jordan

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41340%2F15%3A69802" target="_blank" >RIV/60460709:41340/15:69802 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1515/sab-2015-0033" target="_blank" >http://dx.doi.org/10.1515/sab-2015-0033</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1515/sab-2015-0033" target="_blank" >10.1515/sab-2015-0033</a>

Result language
angličtina
Original language name
Microfinance as a tool for poverty reduction: A study of Jordan
Original language description
The aim of this study is to evaluate the impact of microfinance on the poor, particularly in the specific areas of economic and social development of people and their employment. The research was carried out in Jordan, a country with a well-developed microfinance sector. The results have shown that microfinance has led to an improvement in the financial and social situation of the poor, especially for female clients of microfinance institutions. Interestingly, the higher income of clients has not causedhigher expenditure on their basic needs, but rather people have generated saving for their future and used the additional money for education. According to the results of the microfinance impact assessment, it can be assumed that people, particularly females, prefer to improve the social situation for future generations. Based on this finding, we consider microfinance an effective tool for breaking the vicious circles of poverty, especially in Jordan. Furthermore, microcredits have faci
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
GA - Agricultural economics
OECD FORD branch
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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