Economic impact of microfinance in Nepal: a case study of the Manamaiju Village Development Committee, Kathmandu

Authors

  • Dipak Bahadur Adhikari Patan Multiple Campus, Tribhuvan University
  • Jayanti Shrestha Padma Kanya Multiple Campus, Tribhuvan University

DOI:

https://doi.org/10.3126/ejdi.v15i1-2.11861

Keywords:

microfinance, loanees, non-loanees, Manamaiju VDC, Women Support Cooperative (WSC)

Abstract

The concept of micro-credit was developed to mobilize small savings of poor people to create deposit, which may be accessible to unreachable and un-bankable poor, especially women. The study has highlighted that microfinance is an effective tool for bringing positive impact on the economic status of the respondents along with their family members. It has helped to generate extra income for their family and their own use. The extra income allows the respondents family to buy nutritious food, access to modern health care services and they can afford to send their children to the school.

DOI: http://dx.doi.org/10.3126/ejdi.v15i1-2.11861

Economic Journal of Development Issues Vol. 15 & 16 No. 1-2, pp. 36-49

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Author Biographies

Dipak Bahadur Adhikari, Patan Multiple Campus, Tribhuvan University

Assistant Lecturer

Jayanti Shrestha, Padma Kanya Multiple Campus, Tribhuvan University

Lecturer

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Published

2015-01-07

How to Cite

Adhikari, D. B., & Shrestha, J. (2015). Economic impact of microfinance in Nepal: a case study of the Manamaiju Village Development Committee, Kathmandu. Economic Journal of Development Issues, 15(1-2), 36–49. https://doi.org/10.3126/ejdi.v15i1-2.11861

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