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This study aims to find out the correlation among microfinance, education, and basic health in the weavers’ clusters of District Charsadda. As several banks financed the enterprises located in the cluster from time to time but less was known regarding the social-economic change that occurred as a result of the financing in the area. Thus the rationale behind the undertaken study was to understand how the financing helped bring change in their lives and improve their livelihood. The data were collected from the micro level enterprises so as to assess the impact of microfinance on those enterprises located in District Charsadda of KPK province. Some fifty multi-facet personally administered questionnaires were distributed with specific quantitative data questions out of which only twenty-two were returned filled and the rest of them were discarded due to no show by the entrepreneurs or then irregular filling by them. The study suggested that a positive linear correlation between Poverty, Education, and Basic Health. Regression analysis identified a significant degree of change that Poverty initiated in Education and Basic Health subsequently. The study proved to be worth replicated in other clusters nationwide and an eye-opening situation for the microlending practitioners and functionaries.

Waleed Afridi, Saeed Muhammad, Fahad Khan Afridi. (2018) A Note on Impacts of Microfinance on Poverty Eradication: A Pilot Study of Micro, Small, and Medium Enterprises of Khyber Pakhtunkhwa Province, Paradigms , Vol 12, Issue 2 .
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