This research paper examines the social impacts experienced by impoverished populations through their participation in microfinance programs. Microfinance is a very relevant topic in the discussion of poverty alleviation, especially amongst under developed nations. While there is substantial academic work centered around microfinance, the vast majority tends to rely primarily on economic measures in order to evaluate effectiveness of a program. In this research paper I discuss the use of a modified measurement tool to evaluate microfinance programs based on social impact indicators. I utilize the methods and data from three existing studies on microfinance to gain insight into program assessment. Through my examination of formal interviews and surveys conducted by the three case studies, it is evident that most micro-entrepreneurs that are enrolled or have been enrolled in a microfinance program benefit from an increase in community engagement and personal empowerment.


Navarro-Farr, Olivia


Sociology and Anthropology


Other Economics | Work, Economy and Organizations


Micro-enterprise, Microfinance, Social empowerment

Publication Date


Degree Granted

Bachelor of Arts

Document Type

Senior Independent Study Thesis



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