Social Impact Assessment of Microfinance Programmes - weman

The variable respondent’s education had a positive and significant effect for young
borrowers on income and expenditure outcomes. However, for old borrowers this did not
hold. The number of earners in the household was generally positively related with
household income and expenditure outcomes for all borrowers in both kinds of
estimations.
These regression results show that Kashf borrowers, both young and old are doing well
with regards to income and expenditure as compared to other respondents and this has
also had a positive impact on assets and schooling of girls. On the other hand Kashf
borrowers do not score well on the empowerment indices, but in general all individuals
who self-select themselves into borrowing have high score on the indices.
Table 8.9 Regression results
Young Borrowers
Old Borrow
Single Difference Double Difference Single Difference Do
Dependent Variable
Coefficient t-value 1 Coefficient t-value Coefficient t-value Co
Log(Respondent Income) 0.14 2.14 ** 0.16 1.72 * 0.23 3.29 ***
Log(Household Income) 0.01 0.14 ** -0.02 -0.31 0.13 3.29 ***
Log(Per Capita Income) 0.09 1.65 * 0.01 0.14 0.21 3.23 ***
Log(Total Household Expenditure) 0.09 1.78 * 0.04 0.51 0.19 3.66 ***
Log(Food Expenditure) -0.10 -2.62 *** -0.14 -2.12 ** -0.03 -0.76
Educational Expenditure -19.00 -0.31 -20.00 -0.27 59.00 0.78
Health Expenditure 21.50 1.54 5.59 0.24 57.00 2.26 **
Savings -11.60 -0.23 -79.00 -1.17 10.30 0.17
Asset Score 1.14 5.23 *** 0.66 1.69 * 1.52 6.58 ***
Children Enrolled in School(%) 6.65 1.29 7.50 0.89 11.80 2.00 **
Boys Enrolled in School(%) -1.80 -0.30 -0.25 -0.03 1.40 0.20
Girls Enrolled in School(%) 9.16 2.10 ** 8.90 1.11 13.60 2.48 ***
Women's Empowerment (Overall Index) 2 -3.86 -4.22 *** -4.01 -3.47 *** -2.58 -3.13 ***
Economic Empowerment -0.35 -0.96 *** -0.97 -2.01 ** -0.16 -0.45
Income Empowerment -0.79 -4.02 *** -0.89 -3.56 *** -0.75 -3.66 ***
Asset Empowerment -0.89 -5.17 *** -0.67 -3.08 *** -0.69 -3.89 ***
Empowerment related with Education and
Health -0.81 -2.39 ** -0.77 -1.65 * -0.44 -1.33
Social Empowerment -1.02 -5.11 *** -0.76 -2.73 *** -0.55 -2.70 ***
1 Significant at 10%(*), Significant at 5%(**), Significant at 1% (***)
2 Score based on 47 questions, the other idices listed below are a breakdown of this index. Refer to questionnaire for detail.
Note: Young Borrowers are clients who have taken between 1 to 3 loans and Old borrowers are those who have taken between 4 to 7 loans.
8.4 Focus Group Discussions
This section discusses the client feedback of microfinance institutions and the various
coping mechanisms at the local level in terms of financial transactions. Information has
been gathered primarily through Focus Group Discussions with beneficiary groups in
randomly selected programme localities. Some additional information has also been
gathered through discussions with respective programmes’ field and programme staff.
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