Effectiveness of Microfinance on Women Empowerment in Bilaspur: A Study

Authors

  • Kabir
  • Biswadeep Mishra

DOI:

https://doi.org/10.33516/rb.v42i2.50-57p

Keywords:

Microfinance, Women Empowerment, Microfinance Institutions (MFIs).

Abstract

The main purpose of this study is to measure the effectiveness of Microfinance on Women Empowerment in Bilaspur city of Chhattisgarh. The objective of the study is to assess the impact of microfinance on women empowerment by evaluating the perception of women beneficiaries of various MFIs. Another one is to suggest possible measures to get the best outcome of microfinance in terms of women empowerment in the area of study.

This study is descriptive in nature, based on primary data collected from beneficiaries of microfinance institutions with published and unpublished reviewed secondary data. Findings of the study revealed that microfinance has played a significant role in enhancing the women empowerment in Bilaspur city. And it is effectively contributing towards the upliftment of the women in the society by increasing their role and involvement in decision making factors like family planning, girl child education, children marriage, self confidence in the family and society as well.

This study will help the policy makers to frame out new policies to develop the status of microfinance in the state and this will ultimately contribute in the upliftment of women in the society by bringing them towards the doorstep of empowerment. Also to frame policies by keeping in mind the needs and demands of the women beneficiaries from the microfinance institutions.

Downloads

Download data is not yet available.

Published

2016-07-01

How to Cite

Kabir, ., & Mishra, B. (2016). Effectiveness of Microfinance on Women Empowerment in Bilaspur: A Study. Research Bulletin, 42(2), 50–57. https://doi.org/10.33516/rb.v42i2.50-57p

Issue

Section

Articles

References

Amin, M. A. & Chowdhury, T. (2008) Women, poverty and Empowerment: An investigation into the dark side of Microfinance. Asian Affairs, 30(2), 16-29.

Anal, S. K. (2013) Micro Finance and Women Empowerment – An Analysis. Anusandhanika, 5 (1 & 2), 142-148.

Cheston, S. & Kuhn, L. Empowering women through microfinance. Women’s opportunity fund, 1-64.

Das, K. K. (2016) Micro-finance and Women Empowerment. Intercontinental Journal of Finance Research Review, 4(2), 21-26.

Dessy, S. & Ewodou, J. (2006) Microfinance and Female Empowerment. Working paper, 06-03.

Dobra, A. & Stiftung, F.E. (2011) Microfinance: Champion in Poverty Alleviation and failure in Female Empowerment. Munich Personal RePEc Archive, 32413, 134-144.

Espallier, B. D., Guerin, I. & Mersland, R. (2009) Women and Repayment in Microfinance. RUME Working paper series.1-32.

Guerin, Kumar, S. & Agier, I (2010) Microfinance and Women’s Empowerment: Do Relationships between Women Matter? Lessons from Rural Southern India. CEB working paper N. 10/053, 1-19.

Handy, F. & Kassam, M. (2004) Women’s Empowerment in Rural India. ISTR conference, Canada, 1-39.

Jhawar, A & Chawla, P. (2015) Effectiveness of Microfinance Services on Women Beneficiaries of Indore City. International Journal of Marketing, Financial Services and Management Research. 4 (1), 47-56.

Kato, M. P. & Kratzer, J. (2013) Empowering Women through Microfinance: Even from Tanzania. ACRN Journal of Entrepreneurship Perspectives, 2(1), 31-59.

Lakwo, A. (2006) Microfinance, Rural Livelihoods, and Women’s Empowerment in Uganda. Printpartners Ipskamp BV, Enschede, Uganda.

Littlefield, E., Murduch, J. & Hashemi, S. (2003) Is Microfinance an Effective Strategy to reach the Millennium Development Goals.

M, A. & Jyothirmai, R. (2011) The role of Microfinance in Women Empowerment: A study on the SHG Bank Linkage Program in Hyderabad (Andhra Pradesh). Indian Journal of Commerce and Management Studies, II(4), 77-95.

Mayoux, L. (1999) Questioning Virtuous Spirals: Micro-Finance and Women’s Empowerment in Africa. Journal of International Development, 11, 957-984.

Mayoux, L. (2005) Women’s Empowerment through Sustainable Microfinance: Rethinking ‘best practices’. Gender and micro-finance, website: http://www.g enfinance.net.

Muhammad, S. D., Shaheen, G., Naqvi, S. I. H., & Zehra, S (2011) Women Empowerment and Microfinance: A case study of Pakistan. African Journal of Business Management, 6(22), 6497-6503.

Noreen, S. (2011) Role of Microfinance in Empowerment of Female Population of Bahawalpur district. International Conference on Economics and Finance research, 4, 318-324.

Reddy, C.S. & Manak, S (2005) Self-Help Groups: A keystone of Microfinance in India – Women Empowerment & Social Security. Mahila Abhivrudhhi Society Andhra Pradesh, 1-19.

Reji, E. M. (2009) Socio Economic Impact of Microfinance: A Study of Neighbourhood Groups (NHGs) in Nilambur Block of Malappuram District, Kerela. Indian Journal of Agricultural Economics, 64 (2), 246- 258.

Sharma, P. R. (2007) Micro-finance and Women Empowerment. The journal of Nepalese business studies, IV(1), 16-27.

Skarlatos, K. (2004) Microfinance and Women’s Economic Empowerment: Bridging the Gap, Redesigning the Future. Wisconsin coordinating council on Nicargua, 1, 1-63.

Vachya, L. & kamaiha, B. (2015) Microfinance Impact on Socio Economic Empowerment: A special Reference to Andhra Pradesh. International Journal of Finance and Banking Studies.4 (1), 51-70.