Using household data collected in 1990 from a representative sub-sample of the 1985 Rural Credit Survey of Pakistan by the International Food Policy Research Institute (IFPRI), this paper looks at whether credit use does, in fact, affect rural welfare. The paper examines the key characteristics...

The United Nations Development Programme (UNDP) introduced a micro credit scheme of N9milllion as one of the projects in the Integrated Community Development Programme (ICDP) in Delta state in 2000. UNDP appointed Lift Above Poverty Organization (LAPO) a Micro Finance Institution (MFI) in...

Throughout the developing world, there is a desperate quest for a way out of the financial predicament confronting the rural poor. In most countries of the developing regions, especially South Asia and Sub-Saharan Africa, the rural population forms the larger proportion of the entire population...