Authors: Zulfiqar Ali Rajper Assistant Professor, Department of Commerce, Shah Abdul Latif University Shikarpur Campus, Pakistan. Ikhtiar Ali Ghumro, PhD. Professor, Department of Commerce, Shah Abdul Latif University Khairpur, Pakistan. Riaz Ahmed Mangi, PhD. Professor, Department of Commerce, Shah Abdul Latif University Khairpur, Pakistan. Jamil Ahmed Lund Principal Scientific Officer
Abstract: Microfinance is playing a significant role in poverty alleviation. The current study focused on the impact of microfinance on poverty alleviation in Sindh. The purpose of this study is to analyze the impact of loan and income on the poverty alleviation among the respondents in Sindh. The target population for this study was the respondents who are the customers of Khushhali Bank Limited in the Sukkur region Sindh and the sample size was of 370. The survey has been conducted to collect the data through the closeended questionnaire. The SPSS v.21 software was used to analyze the data. The relationship among the study variables measured by using the Pearson correlation and the regression technique was used to know the impact among the study variables (Dependent/Independent). In this research, the study variables are significantly correlated with each other and have a significant impact among the study variables. The current study reveals that the effective provision and easy access of microfinance can empower the poor to maintain their consumption level, develop micro enterprises and gradually increase their assets. It helps in generating income to improve their living standards and can enjoy the quality of life. With little effort, microfinance institutions can improve their performance and play a big role in alleviating the poverty of their customers in Sindh. The conclusion drawn from this study found a significant relationship among the study variables and the microfinance as a key factor for alleviating poverty among the respondents in Sindh.