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A Comparative Study of Microfinance Institutions of India, Pakistan and Bangladesh: Philosophy, Methodology and Performance

Thesis Info

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Author

Khan, Prof. Dr. Ather Azim

Program

PhD

Institute

University of Central Punjab

City

Lahore

Province

Punjab

Country

Pakistan

Thesis Completing Year

2014

Thesis Completion Status

Completed

Subject

Commerce (Finance)

Language

English

Link

http://prr.hec.gov.pk/jspui/bitstream/123456789/9924/1/Ather_Azim_Khan_Commerce_Finance_2014_HSR_UCP_Lahore_10.03.2017.pdf

Added

2021-02-17 19:49:13

Modified

2024-03-24 20:25:49

ARI ID

1676724398939

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This thesis is about comparative analysis of microfinance institutions of three major countries of South Asia which are India, Pakistan and Bangladesh. At present microfinance is very common in these countries and many microfinance institutions are operating in each country; maximum number of microfinance borrowers i.e. 58.6 million and average loan balance, which is USD 144, are in South Asia and so it is the most sensitive part of the world in terms of poverty. The comparison of the microfinance institutions is done on the basis of philosophies of these institutions, the working methodologies and models of microfinance these MFIs have adopted and the performance of these institutions. Performance of microfinance institutions is measured using four parameters, which are sustainability/profitability, outreach, operational and financial efficiency and compliance. Comparison is done first of the three countries and then of the microfinance institutions of each type, categorized as NGOs, NBFIs, Cooperatives and Credit Unions, Banks and others. Data is taken from the Microfinance Information Exchange for a period of 11 years from 161 MFIs, 99 MFIs of India, 25 MFIs of Pakistan, and 37 MFIs of Bangladesh. Assets, Average deposit balance per depositor, Average deposit balance per depositor / GNI per capita, Average loan balance per borrower, Average loan balance per borrower / GNI per capita, Borrowers per staff member, Borrowings, Capital/asset ratio, Cost per borrower, Debt to equity ratio, Depositors per staff member, Deposits, Diamonds, Equity, Financial expense/ assets, Financial revenue/ assets, Gross Loan Portfolio, Number of active borrowers, Number of depositors, Operating expense/ assets, Operating expense/ loan portfolio, Personnel, Portfolio at risk greater than 30 days, Provision for loan impairment/ assets, Return on assets, Return on equity, Women borrowers, Write-off ratio, and Yield on gross portfolio (nominal) are used as the variables of various areas of performance. The endogenous variables are Return on Assets and Return on Equity for sustainability, number of borrowers per staff member for operational efficiency, cost per borrower for financial efficiency, and number of active borrowers for outreach. Panel data analysis is done after checking the assumptions. Normality of data is checked using Jarque-bera test and linearity using normal probability plot. Variance Information Factors of variables are seen to find out multicoliearity and scattered diagram for detecting Heteroskedasticity. Hausman Test is applied to find out the suitability of Fixed or Random Effect Model. In addition to this descriptive analysis of the variables is also done. This study concludes that there are many models of microfinance prevalent in the three A COMPARATIVE STUDY OF MFIs OF SOUTH ASIA 13 countries. Due to requirements of fund providers and also to pay interest to the depositors, in case of MFIs where savings are also a part of microfinance, sustainability is the main issue and Institutionists’ Approach is more commonly followed. Very few MFIs follow Welfarists’ Approach due to high financial operational costs of MFIs. Very few common factors were found in relevant Fixed or Random Effect models in each area of analysis, both in the grouping of countries and also the institutions type.
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دو بہادر دوست

دو بہادر دوست

اک واری دی گل اے کہ کسے پنڈ وچ دو دوست رہندے سن۔ اوہ رج کے نکمے سن۔ کوئی کم نہیں کر دے تے ہر ویلے روٹیاں کھاندے سن۔ اوہناں دے گھر والے اوہناں توں بہت تنگ سن۔ جدوں اوہ اوہناں نوں کم کرن دا آکھدے تاں اوہ کوئی نہ کوئی بہانہ بنا کے اوہناں دا حکم ٹال دیندے۔ تنگ آ کے گھر والیاں اوہناں نوں گھروں کڈھ دتا تے زہر والیاں روٹیاں پکا کے اوہناں نوں نال دے دتیاں۔ اوہ گھروں ٹر پیندے نیں۔ کافی دور جا کے اوہناں نوں بھکھ لگدی اے۔ اوہ روٹی کھاون لئی اک درخت تھلے بہہ جاندے نیں۔ جدوں اوہناں روٹی رومال وچوں کھول کے سامنے رکھی تاں ویکھدے نیں کہ اک شیر اوہناں ول آ رہیا اے۔ تے اوہدے پچھے بادشاہ دی فوج لگی ہوئی اے۔ شیر سدھا اوہناں ول آیا تے اوہ ڈر کے درخت اتے چڑھ گئے۔ شیر نوں بھکھ لگی ہوئی سی۔ اوس ساریاں روٹیاں کھالئیاں تے تھوڑی دیر بعد زہر دے اثر پاروں مر گیاں۔ جدوں اوہناں ویکھیا کہ شیر مر گیا اے تاں اوہ درخت توں تھلے اترے تے شیر دی گردن اتے بہہ گئے۔ اینے چر وچ فوجی اوتھے آوندے نیں۔ اوہناں ویکھیا کہ دو بندیاں نے شیر نوں مار دتا اے۔ اوہ فوجی اوہناں دو نواں نوں لے کے بادشاہ کول آندے نیں۔ بادشاہ اوہناں دی بہادری اتے بہت خوش ہوندا اے تے اوہناں نوں اپنی فوج وچ ملازم رکھ لیندا اے۔ بادشاہ علاقے وچ اعلان کروا دیندا اے کہ ایہہ دونویں بندے شہر وچوں جو کجھ وی کھاون ایہناں نوں روکیا نہ جاوے۔ اوہ دونویں بہت خوش ہوندے نیں تے ون سونّے کھانے کھا کے موٹے ہو جاندے نیں۔

اک دن اچانک بادشاہ دی دوجے ملک دے بادشاہ نال لڑائی شروع ہو جاندی...

EXPLORING THE PREVALENCE OF NEUROPATHIC HAND PAIN AMONG YOUNG ADULTS AND ITS IMPACT ON HAND FUNCTION

Background and Aims: To explore the prevalence of neuropathic hand pain in young adults and how it affects hand functionality. Methodology: A convenience sampling was used to conduct a cross-sectional study on 192 medical students aged 18 to 28 years from October 2022 to March 2023. The purpose of the study was to evaluate the prevalence of neuropathic hand pain in young adults and how it affects hand functionality. Both the Duruoz Hand Index and the Douleur Neuropathique Four Questionnaire were used. Results: This study included 192 participants, the majority of whom were females (84%) and aged 20-24 years. 16.1% of participants reported having had surgery or an injury to their upper limb in the past. Participants described neuropathic pain symptoms such as electric shocks (21.4%), burning pain (18.2%), and painful cold (15.6%). Limitations and Future Implications: A small sample size and a focus on a particular group of medical students may restrict the generalizability of the findings. To improve the generalizability of the findings, future research should replicate these findings using larger sample sizes and diverse populations. Insights into the development and chronicity of neuropathic hand pain in young adults may also come from longitudinal studies. Conclusion: Our study demonstrates the prevalence of neuropathic hand pain in young adults and how it affects hand functionality. Female participants were more likely to experience pain and functional hand impairments.

Assessment of Forage Productivity and Livestockwildlife Competition over Utilization of Alpine Pastures in Hushe and Thallay Valleys of Baltistan

The present study was conducted to assess the vegetation cover, productivity, carrying capacity in the alpine rangelands of Gilgit-Baltistan. The assessment of the population of domestic ungulates, wild ungulates and their habitat characteristics was also carried out. At the end the diet composition and diet selection of wild ungulates and domestic small ruminants for important fodder resources were assessed, so that the severity of grazing pressures on these rangelands could be assessed. A model was developed in the area of competition keeping in view the availability and preferences of livestock and wild ungulates for the future sustainable use of rangeland resources. The study was conducted during July and August of 2012-13; diet competition was assessed during the winter season of the same year. The line transect method was used to assess the cover and productivity of rangelands. A total of 1320 quadrats were selected in both the Hushe and Thallay valleys in 2012 and 2013. Cover abundance of the individual species within each quadrat was measured and recorded. The vegetation cover was higher in Thallay Valley, showing coverage over 60% area, while the Hushe Valley showed 36% area covered by vegetation, however, the productivity of the Hushe range was relatively higher (275.5 Kg/ha) than in the Thallay Valley (240.5 Kg/ha). Within the vegetation cover distribution, the Hushe range was mainly dominated by forb (22.38%); the Thallay Valley was also dominated with forb (25.42%), in which Artemisia was dominant. This means the palatable species has been replaced by less palatable and drought resistant species due to the combined effect of overgrazing and environmental factors. In Hushe Valley, the average carrying capacity was found as 19 hectare/Animal. Unit/5 months. In Thallay Valley, the average carrying capacity was found as 16 hectare/Animal.Unit/5 xxiv months. This extremely low productivity and carrying capacity of range shows the critical condition of range sites in the valleys due to heavy grazing by livestock and climatic factors, specifically rain fall and soil characteristics such as organic matter and soil phosphorus. A livestock survey was conducted to check the grazing pressure with a semi structured questionnaire and the type of livestock was noted in each village. For assessment of Capra ibex in Hushe, two permanent trails - one upstream (7 km) from Hushe village to Dumsum Junction and one downstream (5 km) from Hushe village to Hushe Bridge - were established along the Hushe River. In Hushe Valley, the average livestock holdings per household were 17.14 animals. In Thallay Valley, the average livestock holding size was 15.25 animals per household. The number of dzomo per household has decreased because of the changing trend from agriculture to employment. The dzomo needs to be grazed on the pasture because of their grazing behavior which people can’t afford due to their jobs. The grazing period was dependent upon climatic condition and the harsh winter was a factor to control livestock numbers in both valleys. The population density of Himalayan Ibex was 3.44 animal / km2 during winters in the Hushe Valley. In winter, ibex come down to the surroundings of the main Hushe Nallah (3000-3600 m) for grazing, due to a shortage of grasses at higher altitude because of snow cover. The number of ibex seems to be increasing due to non-interferences of human beings. The average number of trophy size ibex was 3.54 in each of studied locations. This study revealed that the number of hunting licenses may need to be increased for the sustainable conservation of ibex and co-existence of both livestock and ibex, and to reduce the pressure on rangeland grasses. xxv For the assessment of competition, a total of 150 faecal pellets were collected. Each of 50 samples for Himalayan Ibex (hereafter referred to as ibex), domestic goat and domestic sheep (hereafter referred to as goat and sheep) were collected from Hushe Valley during the winter season from November 2012 to February 2013. The images of faecal fragments were compared with the plant reference photomicrographs. Frequency occurrence, relative importance value (RIV) and diet selection value (DSV) were calculated to estimate the diet overlap between the wild ungulates and domestic ungulates and thus to measure their overall diet similarity. The present study revealed that the shrub Rosa webbiana is the most preferred plant species in winter for ibex, goat and sheep with the highest diet selection values. The Salix illensis is also an important source of food for sheep and goat. The Artemisia bravifolia shows considerable contribution to the diet of ibex. The diet overlap index between ibex and goat was calculated as 0.86. The diet overlap index between ibex and sheep was 0.85, whereas the diet overlap index between sheep and goat was 0.96. The value of ( ) is closer to each other and closer to 1.00, which showed potential of competition among all species in winter season. This high diet overlap in winter was due to the downward movement of ibex in winter to search for food. The livestock also graze during day time in the surrounding areas therefore there is a possibility of high competition for the available forage in winter season. The results of the present study revealed that there is a high amount of pressure on the lower rangeland resources in winter seasons, as livestock graze in the lower ranges more frequently