Investigating the effectiveness of microfinance on poverty alleviation in South Africa
- Authors: Muchemwa, Catherine
- Date: 2024-04
- Subjects: Microfinance -- South Africa , Economic assistance, Domestic , Poverty -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/65252 , vital:74074
- Description: This dissertation explores the role and effectiveness of microfinance in addressing poverty in South Africa. With a focus on the unique socio-economic landscape of the country, the study employs a mixed-methods approach to investigate the impact of microfinance interventions on poverty alleviation. The research encompasses a thorough review of existing literature, examining the theoretical foundations and empirical evidence surrounding microfinance and poverty reduction, from the perspective of microfinance practitioners. The research design incorporates quantitative analysis through surveys complemented by qualitative investigations through in-depth interviews. Loan officers, middle management and senior management were the target audience for questionnaires designed to elicit their opinions on the contribution of microfinance to the fight against poverty. This multifaceted approach aimed to provide a nuanced understanding of the contextual factors influencing the effectiveness of microfinance in poverty alleviation. Moreover, the study identified potential challenges and barriers that may hinder the success of microfinance initiatives in South Africa. The effectiveness of microfinance institutions (MFIs) in reducing poverty was examined by analysing how well the services of microfinance institutions matched the demands of those looking to reduce their poverty. The results point to a significant discrepancy between the services offered by MFIs and the particular requirements of the people seeking access to finance. Notwithstanding this finding, there is a general consensus that MFIs are essential to the advancement of financial inclusion. The findings of this dissertation are expected to contribute valuable insights to policymakers, practitioners, and scholars interested in the intersection of microfinance and poverty alleviation in the South African context. By critically evaluating the successes and limitations of existing microfinance programmes, the research aims to inform future policy decisions and strategic planning for sustainable poverty reduction initiatives. , Thesis (MPhil) -- Faculty of Business and Economic Sciences, School of Economics, Development and Tourism, 2024
- Full Text:
- Date Issued: 2024-04
- Authors: Muchemwa, Catherine
- Date: 2024-04
- Subjects: Microfinance -- South Africa , Economic assistance, Domestic , Poverty -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/65252 , vital:74074
- Description: This dissertation explores the role and effectiveness of microfinance in addressing poverty in South Africa. With a focus on the unique socio-economic landscape of the country, the study employs a mixed-methods approach to investigate the impact of microfinance interventions on poverty alleviation. The research encompasses a thorough review of existing literature, examining the theoretical foundations and empirical evidence surrounding microfinance and poverty reduction, from the perspective of microfinance practitioners. The research design incorporates quantitative analysis through surveys complemented by qualitative investigations through in-depth interviews. Loan officers, middle management and senior management were the target audience for questionnaires designed to elicit their opinions on the contribution of microfinance to the fight against poverty. This multifaceted approach aimed to provide a nuanced understanding of the contextual factors influencing the effectiveness of microfinance in poverty alleviation. Moreover, the study identified potential challenges and barriers that may hinder the success of microfinance initiatives in South Africa. The effectiveness of microfinance institutions (MFIs) in reducing poverty was examined by analysing how well the services of microfinance institutions matched the demands of those looking to reduce their poverty. The results point to a significant discrepancy between the services offered by MFIs and the particular requirements of the people seeking access to finance. Notwithstanding this finding, there is a general consensus that MFIs are essential to the advancement of financial inclusion. The findings of this dissertation are expected to contribute valuable insights to policymakers, practitioners, and scholars interested in the intersection of microfinance and poverty alleviation in the South African context. By critically evaluating the successes and limitations of existing microfinance programmes, the research aims to inform future policy decisions and strategic planning for sustainable poverty reduction initiatives. , Thesis (MPhil) -- Faculty of Business and Economic Sciences, School of Economics, Development and Tourism, 2024
- Full Text:
- Date Issued: 2024-04
Contextually based model of an early childhood home-visiting programme for vulnerable children in the Eastern Cape Province of South Africa
- Authors: Schmidt, Kim
- Date: 2022-10
- Subjects: Poverty -- South Africa , Orphans -- Abuse of , Children -- Social conditions
- Language: English
- Type: Doctoral theses , text
- Identifier: http://hdl.handle.net/10353/27380 , vital:66965
- Description: In South Africa, there are many vulnerable children. Vulnerability refers to the child’s potential to be harmed either physically or psychologically with multiple exposures to stress resulting in children becoming vulnerable (Matengu, 2018). Factors that place young children at risk of being harmed include poverty, being orphaned, not living with their biological parents or having a disability. In South Africa, more than 50% of children are impacted by these very factors (DSD, 2018). Vulnerable children can be supported through various interventions to overcome the challenges they face, in spite of the stress that they may experience. This results in a great need for prevention and early intervention services particularly during early childhood when children are most vulnerable because of their complete dependency on caregivers for care and protection. This study adopted an interpretivist, qualitative approach using an intervention research design to develop guidelines for a model of an early childhood home-visiting programme that supports the optimal development of vulnerable children, aged 0–2 years in the Eastern Cape province of South Africa. Findings confirmed that vulnerable children need responsible caregiving and a nurturing environment yet they are exposed to risk factors such as extreme levels of poverty, ongoing and severe child maltreatment and poor physical health. In addition findings confirmed that there was support available to vulnerable children in the Eastern Cape province but that there were gaps in these services. Furthermore findings indicated that there is a need for an early childhood home-visiting programme, that such a programme should be implemented by a multidisciplinary workforce and that the guidelines for such a programme must include a range of practice principles and processes. In conclusion the study found that vulnerable children in the Eastern Cape province continue to be exposed to a complex range of risk factors with devastating consequences for their immediate and future well-being and that the gaps in services to vulnerable children further hinders their development. Lastly it was concluded that there is a need for a multidisciplinary team to implement a home-visiting programme and that such a programme would hold many potential benefits for the young and vulnerable child. Guidelines for a model of an early childhood home visiting programme were developed and refined to include five practice principles which outline processes in relation to the engagement and advocacy with stakeholders and role players, the recruitment and selection of a home-visiting workforce, the content of a training programme for a home visiting workforce, the implementation of the home-visiting programme and the monitoring and evaluation of the programme. This model draws together the disciplines of health, social work and early childhood education to provide transdisciplinary training to a home-visiting workforce that is then equipped to engage with communities and caregivers in support of ensuring that vulnerable children are able to achieve optimal development. , Thesis (PhD) -- Faculty of Social Sciences and Humanities, 2022
- Full Text:
- Date Issued: 2022-10
- Authors: Schmidt, Kim
- Date: 2022-10
- Subjects: Poverty -- South Africa , Orphans -- Abuse of , Children -- Social conditions
- Language: English
- Type: Doctoral theses , text
- Identifier: http://hdl.handle.net/10353/27380 , vital:66965
- Description: In South Africa, there are many vulnerable children. Vulnerability refers to the child’s potential to be harmed either physically or psychologically with multiple exposures to stress resulting in children becoming vulnerable (Matengu, 2018). Factors that place young children at risk of being harmed include poverty, being orphaned, not living with their biological parents or having a disability. In South Africa, more than 50% of children are impacted by these very factors (DSD, 2018). Vulnerable children can be supported through various interventions to overcome the challenges they face, in spite of the stress that they may experience. This results in a great need for prevention and early intervention services particularly during early childhood when children are most vulnerable because of their complete dependency on caregivers for care and protection. This study adopted an interpretivist, qualitative approach using an intervention research design to develop guidelines for a model of an early childhood home-visiting programme that supports the optimal development of vulnerable children, aged 0–2 years in the Eastern Cape province of South Africa. Findings confirmed that vulnerable children need responsible caregiving and a nurturing environment yet they are exposed to risk factors such as extreme levels of poverty, ongoing and severe child maltreatment and poor physical health. In addition findings confirmed that there was support available to vulnerable children in the Eastern Cape province but that there were gaps in these services. Furthermore findings indicated that there is a need for an early childhood home-visiting programme, that such a programme should be implemented by a multidisciplinary workforce and that the guidelines for such a programme must include a range of practice principles and processes. In conclusion the study found that vulnerable children in the Eastern Cape province continue to be exposed to a complex range of risk factors with devastating consequences for their immediate and future well-being and that the gaps in services to vulnerable children further hinders their development. Lastly it was concluded that there is a need for a multidisciplinary team to implement a home-visiting programme and that such a programme would hold many potential benefits for the young and vulnerable child. Guidelines for a model of an early childhood home visiting programme were developed and refined to include five practice principles which outline processes in relation to the engagement and advocacy with stakeholders and role players, the recruitment and selection of a home-visiting workforce, the content of a training programme for a home visiting workforce, the implementation of the home-visiting programme and the monitoring and evaluation of the programme. This model draws together the disciplines of health, social work and early childhood education to provide transdisciplinary training to a home-visiting workforce that is then equipped to engage with communities and caregivers in support of ensuring that vulnerable children are able to achieve optimal development. , Thesis (PhD) -- Faculty of Social Sciences and Humanities, 2022
- Full Text:
- Date Issued: 2022-10
Rural enterprise development as a means to poverty alleviation
- Authors: Bodley, David Cyril
- Date: 2020-12
- Subjects: Poverty -- South Africa , Rural development projects -- South Africa , Economic assistance, Domestic -- South Africa
- Language: English
- Type: Doctoral theses , text
- Identifier: http://hdl.handle.net/10948/49759 , vital:41797
- Description: South Africa’s disappointing economic performance over the last decade has resulted in a socio-economic crisis, with unemployment and inequality rates being of the highest rates anywhere in the world. Furthermore, unemployment is concentrated among the young, unskilled, and previously disadvantaged population posing a considerable threat to South Africa’s new democracy. Internationally, a method to absorb job seekers into the economy is to make small business the engine-room of economic growth and development. Consequently, the South African Government has identified in its National Development Plan the establishment of small businesses as a priority, including the development of small businesses in rural and marginalised communities. As rural communities in South Africa experience systemic problems such as the lack of infrastructure, financial capital, skills and potential markets, establishing enterprises in rural settings is often more complex than those more advanced parts of the economy elsewhere where fewer constraints exist. This makes the task of establishing and growing rural entities particularly challenging, suggesting bespoke policy and support is required. This study analyses the literature to gain an understanding of economic development theory and how this intersects with and informs small enterprise development policy. It then looks at South Africa’s strategy and policy framework pertaining to enterprise development. Specifically, the literature examines the role of rural enterprise development to establish whether this enables people to move out of poverty or further entraps people in poverty. The study collates data from a rural and marginalised community through observation and interview techniques. Firstly, multiple in-depth interviews were conducted with nineteen entrepreneurs in a rural community to collect data on business opportunities and explore the type of support entrepreneurs would require from government. Secondly, a focus group interview was conducted with entrepreneurs that had ii experienced institutional support to understand how well current policy and programmes support rural enterprise development. The primary data was analysed in conjunction with the literature on economic theory and enterprise development using the technique of triangulation to avoid logic leaps and formation of false assumptions. The insights and findings from the analysis reinforced certain facts within the body of knowledge pertaining to enterprise development, but there were also some interesting new insights that emanate from the data. South Africa has been able to introduce a wide range of policy initiatives and has multiple programmes and strategies to support small enterprise development. It has achieved firm success and impetus as well as experiencing certain failures. The study clearly highlights both and makes recommendations to improve policy promoting rural enterprise development as a means to alleviate poverty. , Thesis (PhD) -- Faculty of Business and Economic Sciences, School of Management Sciences, 2020
- Full Text:
- Date Issued: 2020-12
- Authors: Bodley, David Cyril
- Date: 2020-12
- Subjects: Poverty -- South Africa , Rural development projects -- South Africa , Economic assistance, Domestic -- South Africa
- Language: English
- Type: Doctoral theses , text
- Identifier: http://hdl.handle.net/10948/49759 , vital:41797
- Description: South Africa’s disappointing economic performance over the last decade has resulted in a socio-economic crisis, with unemployment and inequality rates being of the highest rates anywhere in the world. Furthermore, unemployment is concentrated among the young, unskilled, and previously disadvantaged population posing a considerable threat to South Africa’s new democracy. Internationally, a method to absorb job seekers into the economy is to make small business the engine-room of economic growth and development. Consequently, the South African Government has identified in its National Development Plan the establishment of small businesses as a priority, including the development of small businesses in rural and marginalised communities. As rural communities in South Africa experience systemic problems such as the lack of infrastructure, financial capital, skills and potential markets, establishing enterprises in rural settings is often more complex than those more advanced parts of the economy elsewhere where fewer constraints exist. This makes the task of establishing and growing rural entities particularly challenging, suggesting bespoke policy and support is required. This study analyses the literature to gain an understanding of economic development theory and how this intersects with and informs small enterprise development policy. It then looks at South Africa’s strategy and policy framework pertaining to enterprise development. Specifically, the literature examines the role of rural enterprise development to establish whether this enables people to move out of poverty or further entraps people in poverty. The study collates data from a rural and marginalised community through observation and interview techniques. Firstly, multiple in-depth interviews were conducted with nineteen entrepreneurs in a rural community to collect data on business opportunities and explore the type of support entrepreneurs would require from government. Secondly, a focus group interview was conducted with entrepreneurs that had ii experienced institutional support to understand how well current policy and programmes support rural enterprise development. The primary data was analysed in conjunction with the literature on economic theory and enterprise development using the technique of triangulation to avoid logic leaps and formation of false assumptions. The insights and findings from the analysis reinforced certain facts within the body of knowledge pertaining to enterprise development, but there were also some interesting new insights that emanate from the data. South Africa has been able to introduce a wide range of policy initiatives and has multiple programmes and strategies to support small enterprise development. It has achieved firm success and impetus as well as experiencing certain failures. The study clearly highlights both and makes recommendations to improve policy promoting rural enterprise development as a means to alleviate poverty. , Thesis (PhD) -- Faculty of Business and Economic Sciences, School of Management Sciences, 2020
- Full Text:
- Date Issued: 2020-12
An assessment of local economic development as a mechanism for poverty alleviation: a case study of selected municipalities in Amathole District
- Authors: Dube, Kethiwe
- Date: 2011-06
- Subjects: Economic development -- South Africa , Poverty -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/24410 , vital:62788
- Description: The legacy of apartheid created uneven development in South Africa, which led to lack of effective service delivery, high levels of poverty and unemployment. This resulted in many people within the communities being vulnerable to poverty. In response to the retarded development, the post apartheid government formulated a number of policies and legislations. Local Economic Development (LED) is one of the policies mandated to guide developmental local government initiatives in addressing poverty, unemployment and redistribution. The aim of the study was to assess LED as a mechanism for poverty alleviation, focusing on the effectiveness of the LED strategies employed by the selected municipalities in Amathole District Municipality (ADM). The literature and the empirical study revealed that LED is seen as a tool through which socio-economic development can be achieved. To achieve the objectives of the study, the study employed both quantitative and qualitative research methods. A thematic content and pie chat analysis were employed to analyse data, which was gathered using questionnaires, interviews, non-participant observation and documentary survey. The findings of the study revealed that LED strategies have a significant impact on improving infrastructure and service delivery, have both a pro-poor and a pro-growth focus on improving the general welfare of the residents and that LED agencies play a pivotal role in promoting sustainable development, thereby alleviating poverty. Though the current LED strategies employed by ADM are deemed to be effective, they do not fully meet the intended goal of eradicating poverty. Therefore, the researcher recommended that the municipalities should, inter alia, encourage responsible leadership, expand capital investment, promote capacity building and communities should be fully committed in working together with the municipalities in promoting sustainable development. , Thesis (MPA) -- Faculty of Management and Commerce, 2011
- Full Text:
- Date Issued: 2011-06
- Authors: Dube, Kethiwe
- Date: 2011-06
- Subjects: Economic development -- South Africa , Poverty -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/24410 , vital:62788
- Description: The legacy of apartheid created uneven development in South Africa, which led to lack of effective service delivery, high levels of poverty and unemployment. This resulted in many people within the communities being vulnerable to poverty. In response to the retarded development, the post apartheid government formulated a number of policies and legislations. Local Economic Development (LED) is one of the policies mandated to guide developmental local government initiatives in addressing poverty, unemployment and redistribution. The aim of the study was to assess LED as a mechanism for poverty alleviation, focusing on the effectiveness of the LED strategies employed by the selected municipalities in Amathole District Municipality (ADM). The literature and the empirical study revealed that LED is seen as a tool through which socio-economic development can be achieved. To achieve the objectives of the study, the study employed both quantitative and qualitative research methods. A thematic content and pie chat analysis were employed to analyse data, which was gathered using questionnaires, interviews, non-participant observation and documentary survey. The findings of the study revealed that LED strategies have a significant impact on improving infrastructure and service delivery, have both a pro-poor and a pro-growth focus on improving the general welfare of the residents and that LED agencies play a pivotal role in promoting sustainable development, thereby alleviating poverty. Though the current LED strategies employed by ADM are deemed to be effective, they do not fully meet the intended goal of eradicating poverty. Therefore, the researcher recommended that the municipalities should, inter alia, encourage responsible leadership, expand capital investment, promote capacity building and communities should be fully committed in working together with the municipalities in promoting sustainable development. , Thesis (MPA) -- Faculty of Management and Commerce, 2011
- Full Text:
- Date Issued: 2011-06
Socio-economic processes in the rural areas of Region E
- Authors: May, Julian
- Date: 19--?
- Subjects: Poverty -- South Africa , Income distribution -- South Africa , Household surveys -- South Africa , Rural poor -- South Africa , South Africa -- Rural conditions
- Language: English
- Type: text , book
- Identifier: http://hdl.handle.net/10962/75421 , vital:30416
- Description: The social conditions in the rural areas of South Africa are by now widely known and numerous researchers have documented the poverty stricken quality of life which generally prevails amongst black families in these areas (Wilson and Ramphele, 1989). The vast majority of rural households have incomes which are below subsistence levels and in the Homelands, agricultural productive ability has become so eroded that rural household income is now chiefly derived from remittances from migrants in the towns or from the wages of farm labourers (Nattrass and May, 1986). As such, at present the majority of black rural households living in Region E make up consumer communities which must purchase the majority of their subsistence needs, rather than producer communities in which subsistence needs can be met from the utilisation of local resources (Derman and Poultney, 1983). Despite this unpromising situation, the diminishing importance of agricultural production to the South African national economy (Bethlehem, 1989), and the dominance of urbanisation as a social force, it can be argued that the rural areas of Region E will be directly and substantially affected by efforts to restructure the South African economy as a whole. Consequently, revitalising the rural economy in a restructured social and economic system would be a concern in itself, even though the effect of this for a future growth path for South Africa may be uncertain (Kaplinsky, 1991:54). The report will first examine the broad demographic changes in Region E noting the impact of these changes on the rural areas. Thereafter, the economic processes which characterise the rural areas will be discussed, in particular, employment, income levels and income distribution. This will feed into a discussion of the social processes which will include changing dynamics of migration, and a socio-economic profile of rural households. The paper concludes by briefly examining access and usage of basic services and facilities in the rural parts of Region E.
- Full Text:
- Date Issued: 19--?
- Authors: May, Julian
- Date: 19--?
- Subjects: Poverty -- South Africa , Income distribution -- South Africa , Household surveys -- South Africa , Rural poor -- South Africa , South Africa -- Rural conditions
- Language: English
- Type: text , book
- Identifier: http://hdl.handle.net/10962/75421 , vital:30416
- Description: The social conditions in the rural areas of South Africa are by now widely known and numerous researchers have documented the poverty stricken quality of life which generally prevails amongst black families in these areas (Wilson and Ramphele, 1989). The vast majority of rural households have incomes which are below subsistence levels and in the Homelands, agricultural productive ability has become so eroded that rural household income is now chiefly derived from remittances from migrants in the towns or from the wages of farm labourers (Nattrass and May, 1986). As such, at present the majority of black rural households living in Region E make up consumer communities which must purchase the majority of their subsistence needs, rather than producer communities in which subsistence needs can be met from the utilisation of local resources (Derman and Poultney, 1983). Despite this unpromising situation, the diminishing importance of agricultural production to the South African national economy (Bethlehem, 1989), and the dominance of urbanisation as a social force, it can be argued that the rural areas of Region E will be directly and substantially affected by efforts to restructure the South African economy as a whole. Consequently, revitalising the rural economy in a restructured social and economic system would be a concern in itself, even though the effect of this for a future growth path for South Africa may be uncertain (Kaplinsky, 1991:54). The report will first examine the broad demographic changes in Region E noting the impact of these changes on the rural areas. Thereafter, the economic processes which characterise the rural areas will be discussed, in particular, employment, income levels and income distribution. This will feed into a discussion of the social processes which will include changing dynamics of migration, and a socio-economic profile of rural households. The paper concludes by briefly examining access and usage of basic services and facilities in the rural parts of Region E.
- Full Text:
- Date Issued: 19--?
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