Role of Education in Utilization of Micro-Credit in Poverty Alleviation in Lahore

Impact of micro-credit and role of education in poverty alleviation through income generating of the poor rural people was studied in three rural union councils in district Lahore. The results showed that 16% micro-credit beneficiaries were matric, 8% middle, 32% primary and 44% illiterate these beneficiaries utilized their credit in agriculture, livestock, and shop. 60% deal with agriculture and livestock while 12% were servants. After utilizing micro-credit 92% were increased their income. The overall impact of micro-credit on income generating of the respondents/ beneficiaries was found positive particularly of educated people who have also less children in poverty alleviation.