Urban Poverty Alleviation through Better Microfinancing and Urban Livelihood Strategies

The paper focuses on urban poverty as a multisided problem. The marginalised section of the population often struggles regarding accessibility to financial services. Microfinancing has the potential for poverty alleviation and empowering urban population. The paper examines microfinance initiatives by the government and explores the significance of community-based organisations as a tool for financial inclusion. The paper identifies the issues and concludes with recommendations and suggestions for developing resilient urban livelihood strategies.