Microfinance Institutions And Poverty Alleviation A Case Study: Sudan Microfinance Yei County

The study was conducted to investigate the Micro finance institution and poverty alleviation reduction case study Sudan Microfinance Yei County. The study intended to investigate the Micro finance institution and poverty alleviation reduction case study Sudan Microfinance Yei County. The independent variable was microfinance operations, while the dependent variable poverty alleviation operations. The study sought to investigate the impact of microfinance institution on poverty alleviation, since there was no significant documentation on the impact of microfinance on poverty alleviation. The study findings revealed that 67% of the respondents agree or support that SUMI has helped in the poverty alleviation in Y ei County. Furthermore, the findings also revealed that 67% of the respondents agreed that SUMI observed that ensuring loan payment strategy was the best way and strategy that can be implemented in extending its services to its clients. The study used survey and data collection process was done by using instruments such as administered questionnaire and interviewing for primary data, on sample size of 120 and target population of 350 and extensive library research, which data was analyzed and presented in form of tables, percentage distribution and frequency distribution. Using Microsoft excel software, therefore, the study found out that, microfinance institutions have benefited the people in Yei County. It was therefore concluded that the microfinance institutions seem to have impacted on the pove1iy alleviation in Y ei County thus causing improved performance, efficiency and effectiveness in the economy in general in terms of increased investments and improved productivity job creation. Thus it was recommended that government and the management of Sudan Micro Finance Yei County need to improve its programs to improve on the pove1iy levels in the county, in addition an improvement in the judicial system is necessary so that the legal system is quicker and supports the rights of borrowers and lenders. Research also recommends on the improvement on the transparency of cash management so as to solve the problems of poverty in the county. There fore more research has been conducted to test the validity of this option as it could be a tool to solve the problems associated with poverty alleviation by Microfinance institutions in the country