The Impact of Microfinance on Household Livelihood in Red Sea State Sudan

Abstract

The study examined the impact of microfinance on livelihood the main objective of the paper is to investigate and analyze the impact of micro finance on house hold livelihood in Red Sea State. In methodology the study used econometric and descriptive statistical analytical method. Using the regression equations. We examined the time series data as important step that is overlooked by many studies and research. The series graph showed the instability (non-stationary) in order to address the variance of the variance; we obtained the natural logarithm of the series data. Thus we obtained the estimates of the parameters of model as well as the counter logarithm (anti-log) using the ordinary liner simple method. It is the efficient way to obtain an efficient regression. We avoided the false regression (spurious regression) forecasting data series in the future and this is the most important of this paper. The results indicate that there is a positive impact between the increase of microfinance and livelihood.