Fighting against poverty is one of the core objectives of United
Nation Development Programme (UNDP) under the project the
Millennium Development Goals (MDGs). The potential to gain economic
opportunities depends on the scale of access to monetary services.
Micro finance made possible the access of the poor to the economic
opportunities and enhanced their income in order to come out of the
poverty cycle. The main objective of the study was to explore the
impact of micro credit provided by NRSP on poverty alleviation in
Rawalpindi, Pakistan. A survey with the help of purposive sampling
was conducted and 100 borrowers of NRSP were selected as respondent
from five villages. The result shows that Micro credit had made a
significant difference in improving income levels of the borrowers.
Micro credit is an effective tool which works as a mediator towards
the improved livelihood of the loonies and also enhances their
income. Borrowers were satisfied by the utilization of micro credit
in a productive and purposeful way. People in rural areas have been
benefiting from micro credit scheme.
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