The establishment of the so-called Baitul Maal wat Tamwil (BMTs) in
the form of an Islamic microfinance (IMFI) is intended initially to
effectively help the poor. At present time there are around 3,874
BMTs operating around the country. Although the BMTs have been
existing since more than ten years ago, yet no research has been
conducted to examine their effectiveness in alleviating the
poverty. This study in aimed at fulfilling this important gap. The
case study approach on BMT MMU Sidogiri (located at East Java
Province) is taken. The paper goes beyond data measurement using
descriptive statistics, paired t-test and some poverty measurement
indexes such as headcount index, poverty gap, Sen index and and
Foster, Greer, and Thorbecke Index to investigate the effectiveness
of the BMT in reducing poverty. The study reveals that BMT
financing is effective in reducing poverty. Most of respondents can
increase their income after receiving BMT financing. Products of
the BMT especially BBA and mudarabah to empower the poor in various
productive business have been able to reduce extent and severity of
poverty.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!