Impact of Microcredit on Housing and Food Security in Nepal

Shalik Ram Pokhrel

doi:doi:10.11648/j.jfa.20221002.11

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Impact of Microcredit on Housing and Food Security in Nepal

Shalik Ram Pokhrel

Published in Journal of Finance and Accounting (Volume 10, Issue 2)

Received: 17 February 2022 Accepted: 9 March 2022 Published: 15 March 2022

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Abstract

This paper intends to assess the impact of microcredit on housing and food security in Nepal. The multivariate techniques used to achieve the objectives of the study. The study uses Nepal Living Standard Survey2011 data, which covers 5,988 households. Considering the endogeneity in the microcredit participation of household, the study uses instrumental variable technique (IV method) for assessing the impact of microcredit on housing and food security After the adjustment of the endogeneity, distance of bank, distance of cooperative from household and holding of land size of household as the instruments, eligible household reduced 475 household from 779 total households of intervention group and similarly 2,953 households from 5,209 total households of control group. CMP (conditional mixed process) estimator used to give flexibility in terms of combining continuous and binary variables together in the same model. Multivariate analysis indicates that it has positive and significant relationship on housing and food security (construction material, ownership status, sources of electricity, structural condition, sources of drinking, maintenance of house, consumption of cereals, consumption of veg, consumption of milk, consumption of egg, consumption of meat, food diversity) on intervention group than the control group. The results and findings of this study and review of the literatures in the paper provided a wide range of evidence that microcredit programs can increase incomes and lift families out of poverty. Microcredit would be a viable and potentially sustainable tool to reduce poverty level in Nepal.

Published in	Journal of Finance and Accounting (Volume 10, Issue 2)
DOI	10.11648/j.jfa.20221002.11
Page(s)	78-95
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Microcredit, Impact, Expenditure, Nepal

References

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APA Style

Shalik Ram Pokhrel. (2022). Impact of Microcredit on Housing and Food Security in Nepal. Journal of Finance and Accounting, 10(2), 78-95. https://doi.org/10.11648/j.jfa.20221002.11

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ACS Style

Shalik Ram Pokhrel. Impact of Microcredit on Housing and Food Security in Nepal. J. Finance Account. 2022, 10(2), 78-95. doi: 10.11648/j.jfa.20221002.11

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AMA Style

Shalik Ram Pokhrel. Impact of Microcredit on Housing and Food Security in Nepal. J Finance Account. 2022;10(2):78-95. doi: 10.11648/j.jfa.20221002.11

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@article{10.11648/j.jfa.20221002.11,
  author = {Shalik Ram Pokhrel},
  title = {Impact of Microcredit on Housing and Food Security in Nepal},
  journal = {Journal of Finance and Accounting},
  volume = {10},
  number = {2},
  pages = {78-95},
  doi = {10.11648/j.jfa.20221002.11},
  url = {https://doi.org/10.11648/j.jfa.20221002.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20221002.11},
  abstract = {This paper intends to assess the impact of microcredit on housing and food security in Nepal. The multivariate techniques used to achieve the objectives of the study. The study uses Nepal Living Standard Survey2011 data, which covers 5,988 households. Considering the endogeneity in the microcredit participation of household, the study uses instrumental variable technique (IV method) for assessing the impact of microcredit on housing and food security After the adjustment of the endogeneity, distance of bank, distance of cooperative from household and holding of land size of household as the instruments, eligible household reduced 475 household from 779 total households of intervention group and similarly 2,953 households from 5,209 total households of control group. CMP (conditional mixed process) estimator used to give flexibility in terms of combining continuous and binary variables together in the same model. Multivariate analysis indicates that it has positive and significant relationship on housing and food security (construction material, ownership status, sources of electricity, structural condition, sources of drinking, maintenance of house, consumption of cereals, consumption of veg, consumption of milk, consumption of egg, consumption of meat, food diversity) on intervention group than the control group. The results and findings of this study and review of the literatures in the paper provided a wide range of evidence that microcredit programs can increase incomes and lift families out of poverty. Microcredit would be a viable and potentially sustainable tool to reduce poverty level in Nepal.},
 year = {2022}
}

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TY  - JOUR
T1  - Impact of Microcredit on Housing and Food Security in Nepal
AU  - Shalik Ram Pokhrel
Y1  - 2022/03/15
PY  - 2022
N1  - https://doi.org/10.11648/j.jfa.20221002.11
DO  - 10.11648/j.jfa.20221002.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 78
EP  - 95
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20221002.11
AB  - This paper intends to assess the impact of microcredit on housing and food security in Nepal. The multivariate techniques used to achieve the objectives of the study. The study uses Nepal Living Standard Survey2011 data, which covers 5,988 households. Considering the endogeneity in the microcredit participation of household, the study uses instrumental variable technique (IV method) for assessing the impact of microcredit on housing and food security After the adjustment of the endogeneity, distance of bank, distance of cooperative from household and holding of land size of household as the instruments, eligible household reduced 475 household from 779 total households of intervention group and similarly 2,953 households from 5,209 total households of control group. CMP (conditional mixed process) estimator used to give flexibility in terms of combining continuous and binary variables together in the same model. Multivariate analysis indicates that it has positive and significant relationship on housing and food security (construction material, ownership status, sources of electricity, structural condition, sources of drinking, maintenance of house, consumption of cereals, consumption of veg, consumption of milk, consumption of egg, consumption of meat, food diversity) on intervention group than the control group. The results and findings of this study and review of the literatures in the paper provided a wide range of evidence that microcredit programs can increase incomes and lift families out of poverty. Microcredit would be a viable and potentially sustainable tool to reduce poverty level in Nepal.
VL  - 10
IS  - 2
ER  -

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Author Information

Shalik Ram Pokhrel

Nepal Rastra Bank, Kathmandu, Nepal

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APA Style

Shalik Ram Pokhrel. (2022). Impact of Microcredit on Housing and Food Security in Nepal. Journal of Finance and Accounting, 10(2), 78-95. https://doi.org/10.11648/j.jfa.20221002.11

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ACS Style

Shalik Ram Pokhrel. Impact of Microcredit on Housing and Food Security in Nepal. J. Finance Account. 2022, 10(2), 78-95. doi: 10.11648/j.jfa.20221002.11

Copy | Download

AMA Style

Shalik Ram Pokhrel. Impact of Microcredit on Housing and Food Security in Nepal. J Finance Account. 2022;10(2):78-95. doi: 10.11648/j.jfa.20221002.11

Copy | Download

@article{10.11648/j.jfa.20221002.11,
  author = {Shalik Ram Pokhrel},
  title = {Impact of Microcredit on Housing and Food Security in Nepal},
  journal = {Journal of Finance and Accounting},
  volume = {10},
  number = {2},
  pages = {78-95},
  doi = {10.11648/j.jfa.20221002.11},
  url = {https://doi.org/10.11648/j.jfa.20221002.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20221002.11},
  abstract = {This paper intends to assess the impact of microcredit on housing and food security in Nepal. The multivariate techniques used to achieve the objectives of the study. The study uses Nepal Living Standard Survey2011 data, which covers 5,988 households. Considering the endogeneity in the microcredit participation of household, the study uses instrumental variable technique (IV method) for assessing the impact of microcredit on housing and food security After the adjustment of the endogeneity, distance of bank, distance of cooperative from household and holding of land size of household as the instruments, eligible household reduced 475 household from 779 total households of intervention group and similarly 2,953 households from 5,209 total households of control group. CMP (conditional mixed process) estimator used to give flexibility in terms of combining continuous and binary variables together in the same model. Multivariate analysis indicates that it has positive and significant relationship on housing and food security (construction material, ownership status, sources of electricity, structural condition, sources of drinking, maintenance of house, consumption of cereals, consumption of veg, consumption of milk, consumption of egg, consumption of meat, food diversity) on intervention group than the control group. The results and findings of this study and review of the literatures in the paper provided a wide range of evidence that microcredit programs can increase incomes and lift families out of poverty. Microcredit would be a viable and potentially sustainable tool to reduce poverty level in Nepal.},
 year = {2022}
}

Copy | Download

TY  - JOUR
T1  - Impact of Microcredit on Housing and Food Security in Nepal
AU  - Shalik Ram Pokhrel
Y1  - 2022/03/15
PY  - 2022
N1  - https://doi.org/10.11648/j.jfa.20221002.11
DO  - 10.11648/j.jfa.20221002.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 78
EP  - 95
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20221002.11
AB  - This paper intends to assess the impact of microcredit on housing and food security in Nepal. The multivariate techniques used to achieve the objectives of the study. The study uses Nepal Living Standard Survey2011 data, which covers 5,988 households. Considering the endogeneity in the microcredit participation of household, the study uses instrumental variable technique (IV method) for assessing the impact of microcredit on housing and food security After the adjustment of the endogeneity, distance of bank, distance of cooperative from household and holding of land size of household as the instruments, eligible household reduced 475 household from 779 total households of intervention group and similarly 2,953 households from 5,209 total households of control group. CMP (conditional mixed process) estimator used to give flexibility in terms of combining continuous and binary variables together in the same model. Multivariate analysis indicates that it has positive and significant relationship on housing and food security (construction material, ownership status, sources of electricity, structural condition, sources of drinking, maintenance of house, consumption of cereals, consumption of veg, consumption of milk, consumption of egg, consumption of meat, food diversity) on intervention group than the control group. The results and findings of this study and review of the literatures in the paper provided a wide range of evidence that microcredit programs can increase incomes and lift families out of poverty. Microcredit would be a viable and potentially sustainable tool to reduce poverty level in Nepal.
VL  - 10
IS  - 2
ER  -

Copy | Download