Abstract
Gender discrimination is a persistent problem faced by women all over the world,
which has ledto the need to empower women for uplifting their status as
recognized by Millennium Development Goals (2010). The present study focuses
on the role of microfinance in empowering women and also acknowledges its’
significance in alleviating poverty. The researcher used qualitative approach and
case study method for in depth analysis of the phenomenon in context of Akhuwat,
an interest free microfinance organization. It was recognized that microfinance
brings about changes in women’s lives: household condition, family wellbeing and
social status. It is improved by availing the services of microfinance institution and
interest free loans further add to their well-being. Present study focused on four
background variables to examine their influence on decision making ability of
women in aspects of their domestic and social life. Age, education, marital status
and family type are important contributing factors that influence women’s
empowerment. It was also observed that women are more inclined to be altruistic
and spend most of their income on their families. The present study can be further
extended by incorporating more factors and increasing sample size in order to get
more significant results.
Huma Rehman, Amani Moazzam, Nighat Ansari. (2015) Role of Microfinance Institutions in Women Empowerment: A Case Study of Akhuwat, Pakistan, South Asian Studies, Volume 30, Issue 1.
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