Impact Of Microfinance On The Development In Developing Countries

This book is about an exploratory case study of the impact of microfinance on poverty reduction in a developing country. The existing literature is highly divergent about the effectiveness of microfinance as a tool for poverty reduction. This situation shows the need for further research in order to provide a better understanding of the microfinance impact on poverty reduction and the microfinance failure to reach needy people living in remote rural areas.The researcher conducted an online survey with the heads of households recipient and non-recipient of microfinance, living in the Haut-Katanga - D R of Congo. Only forty recipients and twenty non-recipients of microfinance responded to the survey due to the difficulties of access to the internet.A multidimensional approach of measurement of poverty and the “Alkire and Foster index” was used as a method and tool of data analysis.The size of the sample and the restrictions encountered in the study did not permit to make concrete conclusions. Finally, the Author makes some reflections on the findings and the issues that arise in studying microfinance in DRC.