Role of Microfinance Institutions in Entrepreneurship Development in District Gujrat, Pakistan

Abstract

Microfinance and entrepreneurship help as a combine tool to contribute in development. The foremost objectives of this paper is to see the role of microfinance institutions in entrepreneurship development and also measure the level of satisfaction of microfinance institutions clients toward their respective banks considering primary source of data at district level. The sample of 150 microfinance bank clients residing in Gujrat district has been interviewed. Descriptive analysis use in this paper and also non parametric test Kruskal-Walli and Mann-Whitney test used. This study concludes that microfinance institutions play a significant role in entrepreneurship development in district Gujrat Pakistan and the clients who are taking loan from the Tameer bank they use this amount to start a business than the other ones who use it for marriage, education house building purpose etc.