Role of micro finance in employment generation; A case study of microfinance program of nirdhan ulthan bank limited Kudiya VDC Nawalparasi district

Abstract

This thesis entitled "ROLE OF MICRO FINANCE IN EMPLOYMENT GENERATION: A CASE STUDY OF MICROFINANCE PROGRAM OF NIRDHAN UTTHAN BANK LIMITED KUDIYA VDC, NAWALPARASI DISTRICT" analyzes different natures of Rural employment generation from the micro finance of Kudiya Village Development committee (VDC) of Nawalparasi district, Nepal. The major objective of the study is to examine the extent employment generation of the study area. For this purpose, 60 households have been proportionately selected. The specific objective of this study is to identify the socio-economic status and change in income level of Kudiya VDC. Both qualitative as well as quantitative methods have been applied to collect primary and secondary data. For this study semi-structured questionnaire, Key informant interview, field Observation has been employed. Focus Group Discussion, interview observation are used as the techniques to obtain required information in order to fulfill the objectives. The study area is Kudiya VDC of Nawalpara si District. Microfinance programs have been running with the aim of socio-economic empowerment, mobilization of awareness and generation of self-employment targeting the rural poor. Microfinance has been one of the few effective tools for poverty reduction over the past years. It has been revealed that the loans have been mostly invested on small scale business, livestock and other agro-based enterprises. The major findings are land holding, numbers of income level, quality of home to live and possession of other household amenities have increased among the sample surveyed clients. Moreover, vulnerability has decreased, food security has been increased, and health, child education and sanitation situation are improved. Importantly, livelihoods pattern of microfinance clients has been shifted from wage base to the agriculture and self-employment base. Awareness, capability, confidence and social capital have also been significantly improved. In general, the survey has revealed that socio-economic conditions of the sample clients have substantially improved. The study demonstrate the positive socio-economic change, change in income level, living standard, increasing employment and literacy level after being part of NIRDHAN UTTAN BANK LIMITED. It’s has been seen people are satisfied with this program.