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Does Microfinance Impact on Rural Empowerment in Bangladesh? Differences Between Governmental and Non‐Governmental Microfinance Programs
Author(s) -
Mazumder Mohummed Shofi Ullah,
Wencong Lu
Publication year - 2015
Publication title -
sustainable development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.115
H-Index - 64
eISSN - 1099-1719
pISSN - 0968-0802
DOI - 10.1002/sd.1578
Subject(s) - microfinance , empowerment , descriptive statistics , politics , propensity score matching , economic growth , business , economics , socioeconomics , political science , medicine , statistics , mathematics , law
We investigate the impact of microfinance providers on economic, family and social, and political empowerment. Data were collected in two phases from 300 microfinance beneficiaries and 200 controls. Descriptive statistics, factor analysis, multiple regression, propensity score matching and the Rosenbaum bound method were used for analysis. In the majority of areas, microfinance increased recipients’ empowerment. Both econometric estimations showed the largest effects for family and social and political empowerment in recipients of governmental microfinance, while non‐governmental microfinance recipients saw greater improvements in economic empowerment. Copyright © 2015 John Wiley & Sons, Ltd and ERP Environment