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1. Ph.D. Scholar, Department of Economics and Agriculture Economics, PirMehr Ali Shah Arid Agriculture University, Rawalpindi, Pakistan 2. Professor, Department of Economics and Agriculture Economics, PirMehr Ali Shah Arid Agriculture University, Rawalpindi, Pakistan 3. Assistant Professor, Department of Economics and Agriculture Economics, PirMehr Ali Shah Arid Agriculture University, Rawalpindi, Pakistan PAPER INFO ABSTRACT Received: May 08, 2020 Accepted: August 25, 2020 Online: September 15, 2020 The presence of two major sustainable developments leaks i.e. economic poverty and income inequality among the people living in Central Karakoram national Park (CKNP) are the serious threats to environmental degradation for a developing country like Pakistan. Keeping in view these serious socioeconomic and environmental concerns in mind the focus of present research was to examine the connections between microfinance, income inequality and sustainable development in mountainous (CKNP) region of Gilgit-Baltistan Pakistan. Three approaches of income inequality; Gini coefficient, Robbin Hood Index and Quintiles Analysis were applied to investigate the microfinance bias in favor of the income inequality among mountain poor. Empirical investigations are made using cross sectional data collected from four valleys; Bagrote, Haramosh, Rundo and Shigar among two districts; Gilgit and Skardu) of CKNP region applying multi-stage sampling technique to assess the nexus between microfinance, income inequality and sustainable development. The findings of the study demonstrate a positive connection between microfinance, income inequality and sustainable development

pakistan social sciences review

The Nexus between Microfinance, Income Inequality and Sustainable Development: Cross-Sectional Evidence from Central Karakoram National Park (CKNP) Region of Gilgit-Baltistan, Pakistan