Impacts of Micro Finance on the Livelihood of Women
History of Micro-finance, Micro-finance and development, women and development, credit, saving
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In Less Developing Countries, rural population in general and the women households in particular are victims of all developments including lack of access to credit and other social services. As a result of these evils of developments, they are terrible in the vicious circle of poverty.286 Micro-finance is a push factor that enables the poor to work to get out of poverty. Its application can be viewed from a long-term perspective and its benefits go beyond development through credit for poverty alleviation. The present study identified that micro-finance provision highly contributed for the com...
In Less Developing Countries, rural population in general and the women households in particular are victims of all developments including lack of access to credit and other social services. As a result of these evils of developments, they are terrible in the vicious circle of poverty.286 Micro-finance is a push factor that enables the poor to work to get out of poverty. Its application can be viewed from a long-term perspective and its benefits go beyond development through credit for poverty alleviation. The present study identified that micro-finance provision highly contributed for the community in general and the women households in particular. It enables them to engage in the new economic movements which created employment and improves their incomes, increase their participation in decision makings, improved their life standards and finally ensures their empowerment. This book can be serving as a quick reference for those who need to study further in the field of micro-finance interventions and its contributions in granting national development and growth.
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