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Influence of Microfinance and Empowerment on Satisfaction: Case Study of Pakistan
Author(s) -
Kausar Yasmeen,
Naif Mutlaq J Alruways,
Kashifa Yasmeen,
Swadhin Mondal
Publication year - 2019
Publication title -
studies in business and economics
Language(s) - English
Resource type - Journals
eISSN - 1995-0586
pISSN - 1818-1228
DOI - 10.29117/sbe.2019.0114
Subject(s) - microfinance , empowerment , multinomial logistic regression , loan , entrepreneurship , logistic regression , life satisfaction , business , ordered logit , demographic economics , economics , psychology , economic growth , finance , social psychology , medicine , machine learning , computer science
The purpose of this study is to evaluate the influence of women empowerment, microfinance involvement, and loan size on women satisfaction. To achieve the objectives through simple random sampling technique the cross-sectional was collected from 372 borrowers’ and 372 nonborrowers’ women’s through questionnaire and later multinomial logistic regression was applied. The findings revealed and support the theory of adoption, which demonstrates that income increases satisfaction. Microfinance is a kind of money, which involves borrowers in small business and enables them to have money through doing businesses that increase borrowers’ women satisfaction compare to non-borrower’s women. More empowered women is more satisfied with life. Present study also found that the effect of microfinance involvement on women’s satisfaction depends on their empowerment In the light of findings this study recommends that future researchers can examine the same model in the different culture. This study contributes theoretically, practically and politically.

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