Impact of microfinance programs of acsi on asset ownership Yibrie Osman1, Prof. Ramakrishna R.2 1PhD Scholar, Department of Economics, Andhra University, Visakhapatnam 2Professor of Economics, Department of Economics, Andhra University, Visakhapatna Online published on 30 November, 2019. Abstract A key characteristic of poor people all over the world is that they lack assets that can be used to secure loans and household durables. On the other hand, provision of microfinance services help individuals or households to protect, diversify and increase their income, and build assets. Hence, participation in microfinance credit programs leads to improvement in accumulation of assets over which the client has control. The main objective of the study was to investigateimpact of microfinance programs of ACSI on asset ownership. To do so, cross-sectional surveys of 400 questionnaires were administered to two groups of respondents which comprised of 200 established and 200 new clients. The study used frequency, percentages, means, t-test and chi-square in order to associate different individual characteristics, program and outcome variables with level of participation in ACSI. In addition, the study has employed propensity score matching method to control for self-selection and program selection bias. The research findings suggest thatparticipation in ACSI microfinance program played an important role in assisting participants to contribute towards the acquisition physical assets such as television and refrigerators. Therefore, there was much difference between established and new clients with respect to their contribution towards the acquisition of physical assets for their households. However, level of participation in ACSI has no significant effect on saving deposit for both stratification and kernel matching methods on average to established clients. Top Keywords ACSI, assets, television, refrigerator, saving deposit, PSM, ATT. Top |