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Measuring the effect of Amanah Ikhtiar Malaysia’s microcredit programme on economic vulnerability among hardcore poor households

Author

Listed:
  • Abdullah Al-Mamun

    (Senior Lecturer, Faculty of Entrepreneurship and Business, Universiti Malaysia Kelantan, Malaysia)

  • Mohammad Nurul Huda Mazumder

    (Post Doctoral Research Fellow, Faculty of Administrative Sciences, Laval University, Canada)

  • C.A. Malarvizhi

    (Lecturer, Faculty of Management, Multimedia University, Malaysia)

Abstract

This study attempted to assess the impact of Amanah Ikhtiar Malaysia’s (AIM) microcredit programme on the level of economic vulnerability among hard core poor household clients in Peninsular Malaysia. To attain the objective, this research utilized economic vulnerability index. This study employed a cross-sectional design and stratified random sampling methods. Findings showed that participation in AIM’s microcredit programme decreases the level of economic vulnerability. The study suggests that AIM should, therefore, emphasize on designing flexible and diversified financial products and delivery methods together with skill development training to improve the socio-economic condition of the hard core poor households in Malaysia.

Suggested Citation

  • Abdullah Al-Mamun & Mohammad Nurul Huda Mazumder & C.A. Malarvizhi, 2014. "Measuring the effect of Amanah Ikhtiar Malaysia’s microcredit programme on economic vulnerability among hardcore poor households," Progress in Development Studies, , vol. 14(1), pages 49-59, January.
    • Handle: RePEc:sae:prodev:v:14:y:2014:i:1:p:49-59
    DOI: 10.1177/1464993413504351
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    References listed on IDEAS

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    Cited by:

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    2. Wan Nurulasiah binti Wan Mustapa & Abdullah Al Mamun & Mohamed Dahlan Ibrahim, 2018. "The Effect of Economic Vulnerability on the Participation in Development Programs and the Socio-Economic Well-Being of Low-Income Households," Societies, MDPI, vol. 8(3), pages 1-16, July.
    3. Wonhyung Lee & Nurul Widyaningrum, 2019. "Multidimensional access to financial services: Insights from Indonesia," Progress in Development Studies, , vol. 19(1), pages 21-35, January.
    4. Wan Nurulasiah binti Wan Mustapa & Abdullah Al Mamun & Mohamed Dahlan Ibrahim, 2018. "Economic Impact of Development Initiatives on Low-Income Households in Kelantan, Malaysia," Social Sciences, MDPI, vol. 7(7), pages 1-17, July.
    5. Abdullah Al Mamun & Mohd Asrul Hery Bin Ibrahim & Rajennd A/L Muniady & Mohammad Bin Ismail & Noorshella Binti Che Nawi & Noorul Azwin Binti Md Nasir, 2019. "Observations of Participation in Development Initiatives on Enterprise Income and Asset in Peninsular Malaysia," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 5(2), pages 198-213, July.
    6. Vu Ha Thu & Daisaku Goto, 2020. "Does Microfinance Improve the Household Welfare of Ethnic Minorities? Evidence from Bac Kan Province, Vietnam," Progress in Development Studies, , vol. 20(1), pages 65-83, January.
    7. Al Mamun, Abdullah & Thurasamy, Ramayah & Fazal, Syed Ali, 2021. "Entrepreneurial index for low-income households in Malaysia," Socio-Economic Planning Sciences, Elsevier, vol. 77(C).
    8. Abdullahil MAMUN & Harun Bal & Tolga Kabas, 2019. "Microcredit and Social Business Movement as Catalyst for Poverty Eradication: The Grameen Experience," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 5(5), pages 32-42, July.
    9. Yogeeswari Subramaniam & Tajul Ariffin Masron & Mastura A. Wahab & Md Aslam Mia, 2021. "The impact of microfinance on poverty and income inequality in developing countries," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 35(1), pages 36-48, May.

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