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Microcredit as a strategy for poverty reduction: a case study of the Sudan

Sudan is among those developing countries characterized by high incidence of poverty in spite of its prodigious resource endowments. Sudan government has continued to introduce progra mmes aiming at alleviation of poverty which were generally characterized by a lack of effec tiveness. The trad...

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Main Author: Eisa, Garout Suliman
Format: Article
Language:English
Published: David Publishing Company. 2013
Subjects:
HG3691 Credit
Online Access:http://irep.iium.edu.my/36039/1/garout.pdf
http://irep.iium.edu.my/36039/
http://www.davidpublishing.com/davidpublishing/Upfile/5/13/2013/2013051365574565.pdf
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spelling my.iium.irep.360392014-03-16T18:01:14Z http://irep.iium.edu.my/36039/ Microcredit as a strategy for poverty reduction: a case study of the Sudan Eisa, Garout Suliman HG3691 Credit Sudan is among those developing countries characterized by high incidence of poverty in spite of its prodigious resource endowments. Sudan government has continued to introduce progra mmes aiming at alleviation of poverty which were generally characterized by a lack of effec tiveness. The traditional approach towards poverty reduction centered on national development progr ammes designed to enhanc e economic growth and improve standards of living. In addition, the Islamic institution of Zakat was utilized to help poor families start income-generating projects. However, recently, a more ambitious poverty-focused microcred it programme was la id forth. Thus, billions of dollars were earmarked for microcredit to help the poor obtain investible resources which can be directed towards starting income-generating projects. This paper argue s that today, there is no shortage of funds earmarked for microfinance in Sudan. But the prevailing institutional inadequacies would not allow such substantial outlays to have much impact on poverty reduction. This paper revi ews the history of microcredit and microfinance in the country, highlights the roles of different institutions in provision of microcredi t, attempts to figure out its possible policy outputs, and finally makes some sugges tions to overcome the evident shortcomings. David Publishing Company. 2013-04 Article REM application/pdf en http://irep.iium.edu.my/36039/1/garout.pdf Eisa, Garout Suliman (2013) Microcredit as a strategy for poverty reduction: a case study of the Sudan. Journal of Modern Accounting and Auditing., 9 (4). pp. 557-570. ISSN 1548‐6583 http://www.davidpublishing.com/davidpublishing/Upfile/5/13/2013/2013051365574565.pdf
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HG3691 Credit
spellingShingle HG3691 Credit
Eisa, Garout Suliman
Microcredit as a strategy for poverty reduction: a case study of the Sudan
description Sudan is among those developing countries characterized by high incidence of poverty in spite of its prodigious resource endowments. Sudan government has continued to introduce progra mmes aiming at alleviation of poverty which were generally characterized by a lack of effec tiveness. The traditional approach towards poverty reduction centered on national development progr ammes designed to enhanc e economic growth and improve standards of living. In addition, the Islamic institution of Zakat was utilized to help poor families start income-generating projects. However, recently, a more ambitious poverty-focused microcred it programme was la id forth. Thus, billions of dollars were earmarked for microcredit to help the poor obtain investible resources which can be directed towards starting income-generating projects. This paper argue s that today, there is no shortage of funds earmarked for microfinance in Sudan. But the prevailing institutional inadequacies would not allow such substantial outlays to have much impact on poverty reduction. This paper revi ews the history of microcredit and microfinance in the country, highlights the roles of different institutions in provision of microcredi t, attempts to figure out its possible policy outputs, and finally makes some sugges tions to overcome the evident shortcomings.
format Article
author Eisa, Garout Suliman
author_facet Eisa, Garout Suliman
author_sort Eisa, Garout Suliman
title Microcredit as a strategy for poverty reduction: a case study of the Sudan
title_short Microcredit as a strategy for poverty reduction: a case study of the Sudan
title_full Microcredit as a strategy for poverty reduction: a case study of the Sudan
title_fullStr Microcredit as a strategy for poverty reduction: a case study of the Sudan
title_full_unstemmed Microcredit as a strategy for poverty reduction: a case study of the Sudan
title_sort microcredit as a strategy for poverty reduction: a case study of the sudan
publisher David Publishing Company.
publishDate 2013
url http://irep.iium.edu.my/36039/1/garout.pdf
http://irep.iium.edu.my/36039/
http://www.davidpublishing.com/davidpublishing/Upfile/5/13/2013/2013051365574565.pdf
_version_ 1643610905025445888
score 13.211869

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