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Actually how Empowering is Microcredit?
Author(s) -
Mahmud Simeen
Publication year - 2003
Publication title -
development and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.267
H-Index - 93
eISSN - 1467-7660
pISSN - 0012-155X
DOI - 10.1111/1467-7660.00320
Subject(s) - empowerment , agency (philosophy) , welfare , economic growth , women's empowerment , conceptual framework , economics , public economics , sociology , social science , market economy
This article re‐assesses the effect of microcredit programme participation on women's empowerment by applying an analytical framework that recognizes the conceptual shift in emphasis in the definition of empowerment, from notions of greater well‐being of women to notions of women's choice and active agency in the attainment of greater well‐being. The author finds that microcredit programme participation has only a limited direct effect in increasing women's access to choice‐enhancing resources, but has a much stronger effect in increasing women's ability to exercise agency in intra‐household processes. Consequently, programme participation is able to increase women's welfare and possibly to reduce male bias in welfare outcomes, particularly in poor households.