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Effects of Access to Financial Services on Women Economic Empowerment

Effects of Access to Financial Services on Women Economic Empowerment

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Reference ID: PS-14526-TM

DEDICATION

This research material titled “Effects of Access to Financial Services on Women Economic Empowerment” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Business Administration and Management (BAM), Book Authors and Profound Scholars of existing or related project material on “Effects of Access to Financial Services on Women Economic Empowerment” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    This study was undertaken for the purpose of filling the information gap on the effects of micro finance on women economic empowerment. The study was conducted in Mbeya City and 110 respondents were covered including FINCA Regional Manager and FINCA branch Manager as key informants in Mbeya City. The study used stimulus- relationship design and the respondents were obtained through simple random sampling technique. Analysis of empowerment based on three variables namely; social, economic and psychological. Quantitative and qualitative data were collected through interview using interview guide and interview schedule and questionnaire using mail survey.

    Findings showed that the participation of women in microfinance programmes was the best mean of empowering women economically. It has helped women increase their income and contribute to household income. It has also increased women’s ability to acquire assets and freedom of making decision on the use of income earned from their business. Although women access to microfinance service alone does not necessarily lead to economic empowerment yet the commitment to empower women economically is an important step toward poverty reduction and gender equality goals. Also the study found that FINCA microfinance bank has enabled women to participate in trade fairs and business associations which deny their chance to gain skills to improve their business.


    Effects of Access to Financial Services on Women Economic Empowerment

    CHAPTER ONE


    Finca Microfinance Bank And Women Economic Empowerment

    1.1 Introduction

    One of the unique features of microfinance institutions is to provide loans to women for economic emancipation (Cheston and Kuhn, 2002; Hassan, 2002). The basic idea is to empower women through financial assistance and allowing them to earn an independent income, contribute financially to their households and generate self employment (Anderson and Eswaran,2005; Basu ,2004). Access to microfinance services make women clients more confident and assertive and thus better able to confront gender inequalities (Littlefield, Murduch and Hashemi, 2003). Although women access to microfinance service alone does not necessarily lead to economic empowerment yet the commitment to empower women economically is an important step toward poverty reduction and gender equality goals (Esplen and Brody, 2007). According to the ILO report (2007), a microfinance service helps to empower women from poor households to make them contribute to the economic growth and this leads to financial stability and poverty reductions. This study aimed at investigating the relationship between the use of acquired loan from FINCA Microfinance bank and women economic empowerment.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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