Nexus between Microfinance and Social Empowerment in Bilaspur: A Study

Authors

  • Kabir

DOI:

https://doi.org/10.33516/rb.v42i4.97-105p

Keywords:

Microfinance, Social Empowerment, Beneficiaries.

Abstract

The purpose of this article is to study the impact of Microfinance on social empowerment of the beneficiaries of Microfinance Institutions in Bilaspur city of Chhaisgarh. This paper is based on both primary and secondary data. Primary data was collected from 205 respondents who are beneficiaries of Microfinance Institutions. The major outcome of the correlation and multiple regressions is that self confidence, children's education decision, health and hygiene condition, family planning decision, and sanitation condition have significantly improved aer taking microfinance. However the condition of Potable water sources has not improved. This paper is based on interpretation and analysis of original data collected from the respondents. The study shows the impact of Microfinance on improving the social status of the beneficiaries of the Microfinance Institutions. Aer this study the policy makers may reframe their strategies and policies of Microfinance services in a manner to get more and more beneficiaries benefied and have improvement in the social status aer taking Microfinance. Due to paucity of time and money the sample size is of 205 respondents which are quite small to represent the whole target population. Also there is a scope for future researcher to conduct similar study on large sample size and with other factors involvement too to get the more detailed insight of the same.

Downloads

Download data is not yet available.

Downloads

Published

2017-01-01

How to Cite

Kabir, . (2017). Nexus between Microfinance and Social Empowerment in Bilaspur: A Study. Research Bulletin, 42(4), 97–105. https://doi.org/10.33516/rb.v42i4.97-105p

Issue

Volume 42, Issue 4, January 2017

Section

Articles
Crossref
Scopus
Google Scholar
Europe PMC

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.

Cheston, Susy; and Kuhn, Lisa (2002). Empowering Women Through Microfinance. UNIFEM for Microcredit Summit 2002.

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.

Develtere, Patrick; and Huybrechts, A. (2002). Evidence on the Social and Economic Impact of Grameen Bank and BRAC on the Poor in Bangladeshâ€, Higher Institute of Labour Studies, Katholieke University, Leuven, Belgium.

Dhawamani, P. (2010) Empowerment of Rural Women Through SHGs in SaurTaluk of Virudhunagar District, College Sadhan Journal for Bloomers of Research, 2(2), 191-195.

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

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

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.

Kabeer, N.(1999). The conditions and consequences of choice: Reflections on the measurement of women’s empowerment. UNRISD Discussion Paper No. 108. Geneva: United Nations Research Institute for Social Development.

Kabeer, N.; and Noponen, Helzi (2005). Social and Economic Impacts of PRADAN’s Self Help Group Microfinance and Livelihoods Promotion Program: Analysis from Jharkhand, India, Imp-Act: Improving the Impact of Microfinance on Poverty: Action Research Program

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.

Lilefield, 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: MicroFinance 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: hp://www.genfinance.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.

NCAER (2008), “Impact and Sustainability of SHG Bank Linkage Programmeâ€, paper presented at the Microfinance India Summit, Ashok Hotel, New Delhi in 11& 12 November, 2008.

Noreen, S. (2011) Role of Microfinance in Empowerment of Female Population of Bahawalpur district. International Conference on Economics and Finance research, 4, 318324.

Nunnally, J.C. (1967). Psychometric Methods. New York: McGraw Hill.

Puhazehndi, V. & Satyasai, K.J.S. (2000) Microfinance for Rural People: An Impact Valuation, NABARD, Mumbai, India.

Reddy, C.S. & Manak, S (2005) Self-Help Groups: A keystone of Microfinance in India – Women Empowerment & Social Security.MahilaAbhivrudhhi 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.

Singh, Naresh (2003). Building Social Capital through Micro-Finance: A Perspective on the Growth of MicroFinance Sector with special reference to India.

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

Status of Microfinance in India report, 2015-16.

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.