Open AccessMYTHS AND REALITIES OF MICROFINANCE AS A PANACEA FOR EMPOWERMENT
Author(s) -
Kausar Yasmeen
Publication year - 2019
Publication title -
pakistan journal of humanities and social sciences research
Language(s) - English
Resource type - Journals
eISSN - 2663-922X
pISSN - 2663-9211
DOI - 10.37605/pjhssr.2.1.6
Subject(s) - microfinance , panacea (medicine) , empowerment , multinomial logistic regression , loan , simple random sample , socioeconomics , economic growth , business , psychology , sociology , economics , finance , demography , statistics , medicine , alternative medicine , pathology , population , mathematics
The main aim of this study is to examine the influence of microfinance involvement on women’s empowerment. By using the questionnaire, 744 respondents were selected through simple random sampling methods to collect the data from non-borrowers and borrower’s women of National Rural Support Program (NRSP) and Khushhali Bank (KB) in Bahawalpur, Pakistan. This study applied the cross-sectional data and applied multinomial Logit to achieve its objectives. The findings reveal that the women who have microfinance are more empower relative to those who do not avail the microfinance so the coefficient of the loan size hike up women’s empowerment of movement. It is also revealed that there is no significant role of the English language on women's empowerment of movement. Educated women are more empowered. This paper contributes socially and economically.