Microfinance and Women's Entrepreneurship: Impacts on Income and Welfare in Rural Pakistan

Malki, I., Ghalib, A. and Kausar, R. 2024. Microfinance and Women's Entrepreneurship: Impacts on Income and Welfare in Rural Pakistan . SSRN. Advanced online publication. https://doi.org/10.2139/ssrn.4807144

TitleMicrofinance and Women's Entrepreneurship: Impacts on Income and Welfare in Rural Pakistan
TypeJournal article
AuthorsMalki, I., Ghalib, A. and Kausar, R.
Abstract

This paper analyses survey data from women microfinance clients in rural Pakistan to assess how investing loans in entrepreneurial activities affects household-level outcomes. Using propensity score matching to compare borrowers who use loans for microenterprises versus other purposes, we find that entrepreneurship is associated with significantly higher income, clothing expenditures, poverty scores, and income diversification. However, there are no detectable impacts on spending for health and education or on the incidence of child labour. The results suggest that while microfinance can improve economic welfare for entrepreneurial households, complementary interventions may be needed to enhance human capital investment. We discuss implications for the design of microfinance programs and policies to empower women entrepreneurs in Pakistan.

JournalSSRN
Year2024
PublisherSSRN
Digital Object Identifier (DOI)https://doi.org/10.2139/ssrn.4807144
Web address (URL)https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4807144
Publication dates
Published online25 Apr 2024

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