The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
The Role of Microfinance in Promoting Women's Empowerment: A Socioeconomic Approach
|
|
Author(s): Gertrude Amoakohene (Ghana Communication Technology University, Ghana), Stephen Owusu Afriyie (GCTU Business School, Ghana Communication Technology University, Ghana), Joseph Nkyi (GCTU Business School, Ghana Communication Technology University, Ghana), Mohammed Musah (GCTU Business School, Ghana Communication Technology University, Ghana)and Peter Yao Lartey (Brock University, Canada)
Copyright: 2023
Pages: 17
Source title:
Empowering Women Through Microfinance in Developing Countries
Source Author(s)/Editor(s): Yahaya Alhassan (University of Sunderland in London, UK)and Uzoechi Nwagbara (University of Sunderland in London, UK)
DOI: 10.4018/978-1-6684-8979-6.ch010
Purchase
|
Abstract
Women's economic empowerment is a technique meant to give them more authority over decisions, increase their income, and own assets. Since empowering women is essential to achieving the goals of development and reducing poverty, numerous attempts have been made to address this issue. Microfinance institutions (MFIs) have emerged as key tools over the past few decades to not only address poverty, but also to empower women in particular. It is believed that by employing microfinance, which has been shown to be one of the most effective approaches, women may gain some kind of personal empowerment. The primary objective of this research is to analyse how microfinance affects women's economic empowerment. Microfinance significantly boosts women's independent revenues, their levels of asset ownership, and their savings, which all contribute to their economic empowerment. The research also demonstrated that microfinance helps promote the growth of women's entrepreneurship and accessibility to business opportunities.
Related Content
|
Karleah Harris, Nikkita Jackson, Jonathan Trauth.
© 2024.
24 pages.
|
|
DuEwa M. Frazier.
© 2024.
25 pages.
|
|
Nick Seifert.
© 2024.
22 pages.
|
|
Wyletta S. Gamble-Lomax.
© 2024.
22 pages.
|
|
Rondrea Danielle Mathis.
© 2024.
27 pages.
|
|
Surjit Singha.
© 2024.
26 pages.
|
|
Catherine Saunders.
© 2024.
21 pages.
|
|
|