| Author (Year) |
Microfinance Institutions |
Country |
Findings |
| Pitt and Khandker (1998) |
Grameen Bank,Bangladesh RuralAdvancementCommittee (BRAC)& RuralDevelopment RD-12 Programme |
Bangladesh |
Significant and higherimpacts on female ratherthan male participants onhousehold expenditure;children's education andpropensity to borrow. Maleparticipants have higherimpacts on labour supply. |
| Coleman (1999) |
Rural FriendsAssociation (RFA)& Foundation forIntegratedAgriculturalManagement(FIAM) |
NortheastThailand |
Significant and positiveimpact (savings, income,productive expenses, andlabor time) for the morewealthy members. |
| Karlan and Zinman (2009) |
First Macro Bank |
Manila,Philippines |
Significantly improve thebusiness profit especiallyfor male and higher incomeentrepreneurs. Howeverfound no evidence on wellbeingimprovement |
| Li et al. (2011) |
Rural CreditCooperative (RCC) |
Hubei,China |
Significantly improve thehousehold welfare (income& consumption) |
| Mokhtar (2011) |
AIM, TEKUN,YUM |
Malaysia |
Significantly increaseborrower's businessrevenues, householdincomes and providingsocial and economicsecurity. However,microfinance is effective inbuilding their assets ateither microenterprise orhousehold level. |
| Iqbal et al. (2015) |
Khushalli Bank Ltd,KashafMicrofinance Bank,TameerMicrofinance BankLtd, Akhovat Trust |
Bahawalnagar, Pakistan |
There is a positivesignificant impact ofmicrofinance on thefulfillment of basic needs,living standard, and selfemploymentthus lead todecrease in poverty |
| Maity (2023) |
Self-help Group Bank Linkage Programme (SHG–BLP) |
India |
SHG–BLP is successful in ensuring financial inclusion and simultaneously also assists in reducing social exclusion among the stakeholders |
| Rokhim et al. (2023) |
Microcredit schemes by PT Bank Rakyat Indonesia |
Indonesia |
Microcredit is important to the microbusiness shared value. Highest level of importance were recorded in the increase of business revenue growth, business productivity and fulfilling the needs of consumers |
