Title Page
ABSTRACT
Contents
CHAPTER I. INTRODUCTION 11
A. Statement of the Research Problem 13
B. Purpose of the study 14
C. Significance of this Study 15
D. Research Methodology: Comparative study 17
E. Limitations of the Study 18
F. Research Question 19
CHAPTER II. REVIEW OF RELATED LITRATURE 20
A. Poverty Background in Ethiopia 20
B. Theoretical Discussion of Microfinance 22
C. Review of the Empirical Literature for Microfinance 32
D. The Trend of Microfinance in Ethiopia 38
E. Korea’s Poverty Reduction Model 42
F. Korea’s Historical Context to the SAEMAUL KUMGO 44
G. A Brief Overview of Microfinance in Korea 46
CHAPTER III. PRESENTATION ANALYSIS AND INTERPRETATION: HOW DOES THIS RESEARCHER COMPARE THE STUDY? 51
A. Interview with World of Joy Customers 51
B. Structure of the Data Set 54
C. Description of Data Analysis Models 54
D. Regression Equation Model 56
E. The Cox Proportional Hazard Model 58
F. Survival Dataset for Ethiopia 62
G. Implication of the Data 63
CHAPTER IV. REACHING OUT TO THE POOR 66
A. The Skills and Capacity Component 69
B. The Financial Viability Option 71
C. Observation and the Way Forward 73
CHAPTER V. CONCLUSION 79
LIST OF ACCRONYMS 83
BIBLIOGRAPHY 84
APPENDIX: CURRICULUM VITAE 89