The role of informal microfinance institutions in saving

The method of collecting Primary and Secondary data differs since primary data are to be
originally collected, while in case of secondary data the nature of data collection work is
merely that of compilation.
The sort of data it will be the investigator measures the effects of an experiment which he
conducts intentionally in defining the research problem. The researcher must tackle the task
intelligently to avoid the perplexity encountered in a research operation.
Defining a research problem properly and clearly is a crucial part of a research study and must
in no case be accomplished hurriedly. The research problem should be defined in a systematic
manner, giving due weight age to all relating points. The techniques for the purpose involves
the undertaking of the following steps generally one after the other.
(i) Defining statement of a problem.
(ii) Understanding the nature of the problem
(iii) Surveying the available literature
(iv) Developing the ideas through discussions.
(v) Rephrasing the research problem into a working position.
The value of Administrative Data
The finding has set to answer the critical policy and program questions of ‘’what works’’,
‘’for whom’’, and ‘’at what cost’’, the panel finds that:
• Policy makers and program administrators will require more and better data sources
than they now have if they are to adequately monitor program operations and
evaluate program outcomes. Program administrators and policy makers will need
reliable state and local data if, among other things, they are to: summarize program
operations; determine who is being served by which programs, which is under
served etc.
• Current research survey data can not adequately monitor the diverse, local
programs currently being established by state and local governments.
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