Contributions of IMF Programs in the Financial Resilience of Households: Analysis of Satisfaction and Well-Being of Households from Rural Areas —Case of Malagasy IMFs

Abstract

Explicitly considering the level of household financial resilience raises new questions about the role of financial services in development. Development and well-being can be reflected in the satisfaction of basic household needs. As a tool for development, the role of financial services takes on particular relevance in the fight against poverty. But the problem that arises is the extent to which IMF programs contribute to the satisfaction and well-being of households. The objective of this research is therefore to evaluate, through studies carried out on a sample of 200 households from rural areas, the impacts of the actions of microfinance institutions on the financial resilience measured by the satisfaction and well-being of these households. The results show the contributions of IMF programs to the improvement of the satisfaction and well-being of member households.