Time Series Analysis of Micro Credit and its impact on SMEs business Growth and Alleviating Poverty in Rural Sindh

This research investigates the impact of Micro Credit on SMEs Business growth and alleviate poverty in Sindh. Data will be collected from 200 respondents who used Micro credit by using the simple random sampling technique and data were analysis by using SPSS-16-5 version. Interviews of farmers /growers, officers of micro credit, office public and private supporting services, Institutions and other professionals were conducted by using structured interview. It was revealed that over a time, economic growth would ‘trickle down’ and benefit all sections of society. Even though there are strong reasons to hold that this view is still valid, evidence suggests that this alone might not be sufficient and that directed intervention for poverty alleviation is a necessity. In due course it was felt that a targeted approach was a necessity for tackling this problem. Present study attempts to alleviate poverty can be categorized broadly into three styles. First, macro economic policies designed to accelerate growth were combined with appropriate fiscal polices for income redistribution for reducing inequalities. The second style aims at public investment in creating an infrastructure for providing health, education, etc. with a view to promoting quality of life. Results showed that Micro credit has positive impact on alleviate poverty in Sindh. The case study indicates that 40% of the beneficiaries opened shops/small provision stores, followed by investment in poultry, embroidery and livestock.