Evaluation of the impact of access to microcredit on the social welfare of beneficiary households in Tunisia
DOI:
https://doi.org/10.59051/joaf.v10i1.310Keywords:
microfinanceAbstract
This study is a contribution in the field of evaluation of the effects of microfinance on the social status of its beneficiaries. In this article, we used the counterfactual approach that compare the evolution of the situation of beneficiaries of microcredit to a control group (which has the same initial characteristics of the group of beneficiaries). We focused our study on a sample of 300 people distributed equally between three categories of respondents (the beneficiaries of the NGO ENDA, the beneficiaries of the AKDI association and the control group). The results of our empirical study confirm previous findings on the positive effects of microfinance on social welfare. These effects are identified through rising food costs, access to health services, education for children and improved household living arrangements.
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References
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Maxwell S., 1999, The meaning and measurement of poverty, Overseas Development Institute, ODI Poverty Briefings N°3, London.
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MkNelly B., Watetip B., 1993, Impact Evaluation of Freedom from Hunger's Credit with Education Program in Thailand, Freedom From Hunger Foundation, Davis, California.
Pitt M., Khandker S., 1998, "The impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?", Journal of Political Economy, Vol.106, N°5, pp.958-977.
Pitt M., Khandker S., Chowdhury O., Millimet D., 2003, "Credit Programs for the Poor and the Health Status of Children in Rural Bangladesh", International Economic Review, Vol.44, N°1, pp.87-118.
Sebstad J., Chen G., 1996, Overview of Studies on the Impact of Microenterprise Credit, AIMS Project, Management Systems International, Washington D.C.
Sutoro, A. D., 1990, KUPEDES Development Impact Survey: Briefing Booklet, BRI, Planning, Research and Development Department.
Yin R. K. , 2003, Case Study Research: Design and Methods, Thousand Oaks, Sage Publications, California.
Alemu B.A., 2004, Microfinance and improuvement in living standards: A pathway out of poverty, the case of Enemy Woreda, Memoire de Master, Regional and Local Development studies (RLDS), Addis Ababa.
Brau J.C., Hiatt S., Woodworth W., 2009, “Evaluating impacts of microfinance institutions using Guatemalan data”, Managerial Finance, Vol.35, No.12, pp.953-974.
Brau, J.C. Woller G. 2004, ‘‘Microfinance institutions: a comprehensive review of the existing literature’’, Journal of Entrepreneurial Finance and Business Ventures, Vol.9, No.1, pp.1-26.
Buckley G., 1996, “Rural and Agricultural Credit in Malawi: A Study of the Malawi Mudzi Fund and the Smallholder Agricultural Administration”, Finance Against Poverty, Vol.2, pp.428-521.
Chen M.A., Snodgrass D., 2001, Managing Resources, Activities, and Risk in Urban India: The Impact of Microfinance, AIMS Paper, Management Systems International, Washington D.C.
DeLoach S.B., Lamanna E., 2011, “Measuring the Impact of Microfinance on Child Health Outcomes in Indonesia“, World Development, Vol.39, Issue 10, pp.1808-1819.
Gubert F., Roubaud F., 2005, Analyser l’impact d’un projet de micro-finance : l’exemple de madagascar, DOCUMENT DE TRAVAIL DT/2005-14, Développement, institutions et analyses à long terme.
Hardy S. D., Koontz T. M., 2009, "Rules for Collaboration: Institutional Analysis of Group Membership and Levels of Action in Watershed Partnerships", The Policy Studies Journal, Vol. 37, N°3, pp.393-414.
Khandker S.R., 2005, "Microfinance and Poverty: Evidence Using Panel Data from Bangladesh," World Bank Economic Review, World Bank Group, vol. 19, N°2, pp.263-286.
Littlefield E., Morduch J. and Hashemi S., 2003, Is microfinance an effective strategy to reach the millennium development goals, CGAP, Focus N°24. www.cgap.org/assets/images/ .
Maldonado J.H., González-Vega C., 2008, “Impact of Microfinance on Schooling: Evidence from Poor Rural Households in Bolivia“, World Development, Vol.36, Issue 11, pp. 2440-2455.
Maxwell S., 1999, The meaning and measurement of poverty, Overseas Development Institute, ODI Poverty Briefings N°3, London.
McIntosh C., Villaran G., Wydick B., 2015, “Microfinance and Home Improvement: Using Retrospective Panel Data to Measure Program Effects on Fundamental Events “, World Development, Vol.39, Issue 6, pp.922-937.
Merrill S.R., 2012, “Microfinance for Housing “, International Encyclopedia of Housing and Home, 2012, pp. 274-281.
MkNelly B., Watetip B., 1993, Impact Evaluation of Freedom from Hunger's Credit with Education Program in Thailand, Freedom From Hunger Foundation, Davis, California.
Pitt M., Khandker S., 1998, "The impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?", Journal of Political Economy, Vol.106, N°5, pp.958-977.
Pitt M., Khandker S., Chowdhury O., Millimet D., 2003, "Credit Programs for the Poor and the Health Status of Children in Rural Bangladesh", International Economic Review, Vol.44, N°1, pp.87-118.
Sebstad J., Chen G., 1996, Overview of Studies on the Impact of Microenterprise Credit, AIMS Project, Management Systems International, Washington D.C.
Sutoro, A. D., 1990, KUPEDES Development Impact Survey: Briefing Booklet, BRI, Planning, Research and Development Department.
Yin R. K. , 2003, Case Study Research: Design and Methods, Thousand Oaks, Sage Publications, California.
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Published
2019-06-30
How to Cite
BZEOUICH, B. (2019). Evaluation of the impact of access to microcredit on the social welfare of beneficiary households in Tunisia. Journal of Academic Finance, 10(1), 64–80. https://doi.org/10.59051/joaf.v10i1.310
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