ISSN(Print): 2520-0348 - ISSN(Online): 2616-793X     H-index : 4

GLOBAL SOCIAL SCIENCES REVIEW (GSSR)

 An Open access,Open Archive, Double-blind Peer Review, Multidisciplinary Journal
Recognition by Govt of Pakistan (HEC)
  • Home
  • AboutUs
    • Scope
    • Aims and Objectives
    • Editorial Board
    • Humanity Only(HO)
    • Editorial Advisory Board
  • Abstracting/Indexing
  • Current Issue
  • Previous Issues
  • Publishing Ethics
    • Ethical Statement
    • Publication Policy Agreement
    • Publication Ethical Policy
    • Publication Charges Policy
    • Publication Ethical Guidelines
  • Submission Guidelines
    • Author Guidelines
    • References Style Booklet
    • Plagiarism Guidelines
    • Article Processing Chart
  • Submit Paper

Home /Article/

Cbo based microfinancing in pakistan comparative analysis of akhuwat foundation and kashf foundation

How to Cite

 

CBO Based Microfinancing in Pakistan: Comparative Analysis of Akhuwat Foundation and Kashf Foundation

Views (797)
Cite Us
Downloads (0)
Google Scholar

Abstract

Poverty is a risk to harmony, which results in the dismissal of human rights. Microfinance is a tool that is famous across the world as a solution to alleviate poverty. Through this tool, lowincome households can have permanent access to a range of high-quality and affordable financial services that are offered by a range of retail providers. Community-based organizations, commonly known as "CBO", play a vital role in providing microfinance to the needy group of people, which determined the relationship between microfinance and poverty alleviation. This research presents a comparative study between Akhuwat Foundation and Kashf Foundation microfinance models for providing housing finance to low-income groups. A qualitative approach has been applied to determine the relationship between microfinance and poverty alleviation. In-depth interviews are conducted with working staff and borrowers of Akhuwat Foundation and Kashf Foundation (microfinance organizations). The research concludes that both organizations strive to alleviate poverty and to enhance the living standard of low-income people through mutual support in the system. The study also suggests that these organizations should need to emphasize more on the diversified needs of the poor people and must aim to serve the most extremely poor strata of the population.

Authors

1-Muhammad Salman
School of Architecture & Planning, University of Management and Technology, Lahore, Punjab, Pakistan.

2-Sana Malik
School of Architecture & Planning, University of Management and Technology, Lahore, Punjab, Pakistan.

3-Fariha Tariq
School of Architecture & Planning, University of Management and Technology, Lahore, Punjab, Pakistan.

Keywords

Microfinance, Interest-Free Loans, Community Empowerment, Poverty Alleviation

DOI Number

10.31703/gssr.2021(VI-III).02

DOI Link

http://dx.doi.org/10.31703/gssr.2021(VI-III).02

Page Nos

9-18

Volume & Issue

VI - III

Share On Facebook
Share On Twitter
Share On Linkedin


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.


Published: 09 2021

Citation Formats

ABNT   APA   BibTex   MLA   Oxford   Harvard   Chicago   Turabian   AAA   MHRA






GSSR Logo Humapub Logo

GSSR struggles for a future where human development is based on informed decision making process. Therefore, the journal challenges the status quo of current academic research that suffers from disconnect to actual application by finding solution to the problems confronted by humanity. GSSR intends to become the global leader in introduction of innovations where theories connect with application while maintaining the best features of theoretical and applied aspects.

  • Head Office: Office # 01, 1st Floor, Fazal Arcade, F-11 Markaz, Islamabad.
  • Regional Office(Europe): 7 Hurst Park Avenue, Cambridge CB4 2AA UK.
  • +92-332-9147-618
  • Journal Management : managingeditor@gssrjournal.com
  • Article Submission: articles@gssrjournal.com
  • Information : info@gssrjournal.com

About Us

  • Home
  • AIMS & Scope
  • Description
  • Editorial Board


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Author Guidelines

  • References Style Booklet
  • Plagiarism Guidelines
  • Article Processing Chart









0000995254 Hits

Copyright 2016 GSSR Journal, Developed by Moxoft