Record Details

Microfinance Impact on Socio-Economic Empowerment: A special Reference to Andhra Pradesh

International Journal of Finance & Banking Studies

View Archive Info
 
 
Field Value
 
Title Microfinance Impact on Socio-Economic Empowerment: A special Reference to Andhra Pradesh
 
Creator Vachya L, V; School of Economics
University of Hyderabad
Hyderabad - 500 046
India
Kamaiah, B.
 
Subject Economics
Microfinance, women empowerment, income and employment
 
Description The present study seeks to examine the role of microfinance and its impact on economic and social empowerment of women. There are great debates going on whether forming groups, membership for women, providing credit and imparting some business skills would change the social equations in the society or whether provision of credit may lead to pervasively entrenched political and economic relations among the genders. The proponents argue that providing credit, targeting women can prove to be a suitable mechanism in ameliorating poor women’s socio-economic conditions and thereby can alter the relations between gender and class. Undoubtedly, there have been significant advances in women empowerment in recent years and the concept and practice of SHG-based microfinance has now developed deep roots in many parts of the country. Impact assessment being rather limited so far, it is hard to measure and quantify the effect the Indian microfinance experience so far had on the poverty situation in rural India. The present study seeks to examine the process of women empowerment and changes in the economic status of SHG members in particular and rural women in general. For this study, multi-stage stratified proportionate random sampling technique was adopted for selecting the representative districts, mandals/talukas, villages and households. The primary data was collected from six villages in the three regions (Coastal Andhra, Rayalaseema and Telangana) of Andhra Pradesh. Tabular and statistical analyses were applied for examining the data. Empirically acclaimed logistic regression model has been employed for analyzing significant impact of plausible socio-economic factors on women empowerment. The study found that the socio-economic indicators have changed. It also emerged that there has been an increase in women participation in the household decision making process. The study has suggested that the government should prepare suitable plans and programmes for the social and economic empowerment of women. The study suggest that for policy measures such as increase in frequency of SHG meeting, SHG training programme, increase in loan amount and ensuring effective utilization of the loan, may be the useful initiatives to enhance women empowerment, income and employment opportunities.
 
Publisher SSBFNET
 
Contributor —
 
Date 2015-03-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/347
 
Source International Journal of Finance & Banking Studies (ISSN: 2147- 4486); Vol 4, No 1 (2015): JANUARY; 51-69
2147-4486
 
Language eng
 
Relation http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/347/285