Open AccessImpact of Bandhan Microfinance on Empowerment of Rural Women in Tinsukia District of Assam
Author(s) -
Inameeka Baruah,
Mayuri Bora,
Manash Jyoti Deka
Publication year - 2022
Publication title -
asian journal of agricultural extension, economics and sociology
Language(s) - English
Resource type - Journals
ISSN - 2320-7027
DOI - 10.9734/ajaees/2022/v40i330862
Subject(s) - microfinance , empowerment , socioeconomics , loan , unit (ring theory) , business , economic growth , geography , psychology , sociology , economics , finance , mathematics education
The study on Impact of Bandhan Microfinance on Empowerment of Rural Women in Tinsukia District of Assam was conducted with the objective of finding out the socio-economic status of the respondents and to analyse the impact of Bandhan Microfinance on empowerment of rural women after availing the microfinance services. The study was conducted in Tinsukia district of Assam with 108 respondents. Margherita Sub-division, was purposively selected from where two Bandhan banking units i.e., Banking Unit, Digboi and Banking Unit, Margherita were included. Results of the study showed that large percentage (71.29%) respondents belonged to medium socio-economic level. The findings also revealed that there was significant improvement in economic, psychological, personal and socio-cultural empowerment of women after availing loan from Bandhan Microfinance. Their economic empowerment was found to be prominent compared to other empowerment dimensions. Significant impact on the empowerment of the rural women after availing the Bandhan Microfinance services in the study area was found while compared their level of empowerment before availing the loan.