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The Impact of Microfinance on Household Livelihood in Red Sea State Sudan

The study examined the impact of microfinance on 
livelihood the main objective of the paper is to investigate and analyze the 
impact of micro finance on house hold livelihood in Red Sea State. In 
methodology the study used econometric and descriptive statistical analytical 
method. Using the regression equations. We examined the time series data as 
important step that is overlooked by many studies and research. The series 
graph showed the instability (non-stationary) in order to address the variance 
of the variance; we obtained the natural logarithm of the series data. Thus we 
obtained the estimates of the parameters of model as well as the counter logarithm 
(anti-log) using the ordinary liner simple method. It is the efficient way to 
obtain an efficient regression. We avoided the false regression (spurious 
regression) forecasting data series in the future and this is the most 
important of this paper. The results indicate that there is a positive impact 
between the increase of microfinance and livelihood.