The Role of Micro-Credit On Poverty Eradication: A Case Study of Brac Sudan Limited in Bor County, South Sudan

ABSTRACT The study was conducted in order to assess the role of micro-credit on poverty eradication in Sudan using Brae Sudan limited in South Sudan. The study sought to; assess the activities offered by micro-credit facilities among the family households, establish the implications of the major derivatives which related to poverty eradications and micro-credit establishments and establish the relationship between Brae Sudan Ltd and poverty reduction strategies in Bor County, Southern Sudan. The literature review was conducted with the aim of establishing and shading more light on the role of micro-credit on pove1ty eradication in the area under study in developing counhies and developed countries. And the study used a descriptive cross-sectional survey design based on quantitative and qualitative techniques of data analysis. The researcher collected the necessary data using questionnaire and interview methods of data collection. Data was tabulated and then analyzed in order to draw inference from the data collected. The information collected from the respondents through questionnaires and interview guide questions were used in order to answer the objectives of the study. The study fund out that, Brae Sudan Ltd, as a provider of micro-credit, has a key role in ensuring not only the survival of its borrowers and their family members during crisis but also during their rehabilitation alter it. The crisis management capacity of Brae Sudan Ltd borrowers was found to be higher than others. It was concluded that, poverty reduction is undoubtedly a doable proposition. It can be significantly and rapidly reduced with Brae Sudan Limited micro-credit programs provided; the required funds are available to the nascent micro-credit industry at reasonable costs, a professionally, competent and motivated staff is engaged in performing the operational tasks, This study recommended that in order to enhance the participation of farmer in accessing loans for agricultural production aimed at reducing poverty at household level, incentives must be provided, such as development of financial markets to improve credit access to private traders, reduce taxes on imports of purchased inputs, and improve transaction rules/regulations.