Impact evaluation of microfinance: A HEPM perspective

Microfinance services were primarily conceived for poverty alleviation and millions of borrowers have benefited across various countries. This study measures microfinance impact on borrowers from the following dimensions viz. enterprise, household, individual and security. The impact was measured by...

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Main Authors: Kumar, Senthil, Aslam, Mohammad, Nawanir, Gusman, Moshood, Taofeeq Durojaye
Format: Conference or Workshop Item
Language:English
Published: EDP Sciences 2023
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/38593/
http://umpir.ump.edu.my/id/eprint/38593/1/Impact%20evaluation%20of%20microfinance_A%20HEPM%20perspective.pdf
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author Kumar, Senthil
Aslam, Mohammad
Nawanir, Gusman
Moshood, Taofeeq Durojaye
author_facet Kumar, Senthil
Aslam, Mohammad
Nawanir, Gusman
Moshood, Taofeeq Durojaye
author_sort Kumar, Senthil
building UMP Institutional Repository
collection Online Access
description Microfinance services were primarily conceived for poverty alleviation and millions of borrowers have benefited across various countries. This study measures microfinance impact on borrowers from the following dimensions viz. enterprise, household, individual and security. The impact was measured by comparing the borrowers' poverty level before and after microfinance (within impact), and then with and without microfinance (between impact) using Household Economic Portfolio Model (HEPM). In general, it was observed that microfinance has had a favorable impact on borrowers. The income level of borrowers has increased after they availed the loan indicating that participant borrowers' financial position is better than that of the non-participant borrowers. The results confirm that both industry survival and growth are achievable thereby advocating that microfinance is a sustainable development tool in the current scenario. Hence, policymakers should continue framing strategies that are in favour of extending microfinance to micro-enterprises that are deprived of mainstream finance.
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format Conference or Workshop Item
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institution Universiti Malaysia Pahang
institution_category Local University
language English
last_indexed 2025-11-15T03:30:39Z
publishDate 2023
publisher EDP Sciences
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spelling ump-385932023-09-12T01:26:15Z http://umpir.ump.edu.my/id/eprint/38593/ Impact evaluation of microfinance: A HEPM perspective Kumar, Senthil Aslam, Mohammad Nawanir, Gusman Moshood, Taofeeq Durojaye HD28 Management. Industrial Management T Technology (General) Microfinance services were primarily conceived for poverty alleviation and millions of borrowers have benefited across various countries. This study measures microfinance impact on borrowers from the following dimensions viz. enterprise, household, individual and security. The impact was measured by comparing the borrowers' poverty level before and after microfinance (within impact), and then with and without microfinance (between impact) using Household Economic Portfolio Model (HEPM). In general, it was observed that microfinance has had a favorable impact on borrowers. The income level of borrowers has increased after they availed the loan indicating that participant borrowers' financial position is better than that of the non-participant borrowers. The results confirm that both industry survival and growth are achievable thereby advocating that microfinance is a sustainable development tool in the current scenario. Hence, policymakers should continue framing strategies that are in favour of extending microfinance to micro-enterprises that are deprived of mainstream finance. EDP Sciences 2023-05-31 Conference or Workshop Item PeerReviewed pdf en cc_by_4 http://umpir.ump.edu.my/id/eprint/38593/1/Impact%20evaluation%20of%20microfinance_A%20HEPM%20perspective.pdf Kumar, Senthil and Aslam, Mohammad and Nawanir, Gusman and Moshood, Taofeeq Durojaye (2023) Impact evaluation of microfinance: A HEPM perspective. In: E3S Web of Conferences; 2023 Ural Environmental Science Forum on Sustainable Development of Industrial Region, UESF 2023 , 25-28 April 2023 , Chelyabinsk. pp. 1-17., 389 (09035). ISSN 2555-0403 (Published) https://doi.org/10.1051/e3sconf/202338909035
spellingShingle HD28 Management. Industrial Management
T Technology (General)
Kumar, Senthil
Aslam, Mohammad
Nawanir, Gusman
Moshood, Taofeeq Durojaye
Impact evaluation of microfinance: A HEPM perspective
title Impact evaluation of microfinance: A HEPM perspective
title_full Impact evaluation of microfinance: A HEPM perspective
title_fullStr Impact evaluation of microfinance: A HEPM perspective
title_full_unstemmed Impact evaluation of microfinance: A HEPM perspective
title_short Impact evaluation of microfinance: A HEPM perspective
title_sort impact evaluation of microfinance: a hepm perspective
topic HD28 Management. Industrial Management
T Technology (General)
url http://umpir.ump.edu.my/id/eprint/38593/
http://umpir.ump.edu.my/id/eprint/38593/
http://umpir.ump.edu.my/id/eprint/38593/1/Impact%20evaluation%20of%20microfinance_A%20HEPM%20perspective.pdf