Measurement economic and social influence of microcredit on life quality

Abstract

This work presents a model to measure microcredit impact on life quality in Colombia. The model is prepared parting from a comparison among economic and social variables most used in literature on microcredit impact, and the basis presented by the National Department of Statistics –DANE, with the Survey on Life Quality-ECV. Results show a relationship of variables for each indicator; theoretic basis for creation of a survey are obtained; indexes are fed from such variables and their related statistical analyses. Results presented take into account that theoretic methodology is applicable on practical basis, using standards already described by the DANE, which allows to condition more centered and flexible population and spaces for study, in order to measure several cities, or several financial entities nationwide, in addition, results may be econometrically analyzed to determine which indicators and their standards impact life quality, depending on analyzed populations.