My empiricalinvestigation will be guided by the questions: i. Globally what is the impact of microfinance onindividuals and households? ii. Under what circumstances can microfinance help liftthe poor out of poverty? iii. And how can we draft premises for povertyalleviation in Pakistan based on the indicators drafted from success storiesaround the globe? The literaturereview will answer the first two questions whereas in order to answer the lastquestion I will be conducting a field study. For the field study, the mostimportant factor will be to identify the stakeholders and define the samplesize. From my initialliterature review, I have identified two main categories of stakeholders i. Organizations/institutions (such as SBP, PMN, SECPetc) ii.
Individuals (such as microfinance beneficiaries). The datacollection method that I will use will be semi-structured interviews. Thereason why I want to use this method is that it is flexible and provides roomfor discussion in order to clarify any confusions/misunderstandings.
Povertyalleviation is a very complex concept and through interviews, I can gather qualitativein-depth information regarding the topic. The disadvantages of this method are thatit is cost intensive so the sample size will be not too big which will giverise to selection bias and as the data gathered will be mostly qualitative innature, it will also be prone to interpretation bias. None the less as far asthe disadvantages of the method are known, a conscious effort can be made tominimize them.