A Study on the Role of Microfinance Institutions in Women's Empowerment in India, Aiding Gender Equality and SDG 5

Fuente: Zenodo
Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Anil, Miss. KanhoreVishali
Format: Recurso digital
Veröffentlicht: Zenodo 2024
Schlagworte:
Online-Zugang:
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
_version_ 1866902186525458432
author Anil, Miss. KanhoreVishali
author_facet Anil, Miss. KanhoreVishali
contents <div> </div> <p><strong><span>Abstract</span></strong></p> <p><span>This research, focusing primarily on Sustainable Development Goal (SDG) 5, investigates how microfinance institutions (MFIs) help in women's empowerment in India. By fighting financial exclusion and gender inequality, MFIs help to promote economic, educational, and job mobility through savings accounts, modest loans, and financial literacy. The study employs a mixed-methods approach that combines qualitative interviews of North, South, East, and West India with quantitative analysis of longitudinal data (2018–2023). After being given a loan, however, we see a dramatic increase in women's employment (more than a two hundred percent increase in self-employment), increasing levels of education (two times higher level of education), and increased well-being of their families. Because of strong ecosystems and enabling laws, South India's standards of effectiveness of microfinance vary by region. However, we have issues such as excessive costs of loans, very high debt, and sociocultural disempowerment. Thus this study calls for the development of region-specific strategies and initiatives of financial literacy and the development of scalable models for enlarging the microfinance reach and effect. The literature on intranational variations and long-term impacts is incomplete; however, this research fills those gaps, helping practitioners and policymakers to realize the full potential of microfinance for enhancing gender equality through the transformation</span></p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_14603497
institution Zenodo
language
publishDate 2024
publisher Zenodo
record_format zenodo
spellingShingle A Study on the Role of Microfinance Institutions in Women's Empowerment in India, Aiding Gender Equality and SDG 5
Anil, Miss. KanhoreVishali
Microfinance and Women Empowerment, SDG 5, Gender Inequality, Financial Inclusion, Women's Economic Empowerment, Impact of Microfinance
<div> </div> <p><strong><span>Abstract</span></strong></p> <p><span>This research, focusing primarily on Sustainable Development Goal (SDG) 5, investigates how microfinance institutions (MFIs) help in women's empowerment in India. By fighting financial exclusion and gender inequality, MFIs help to promote economic, educational, and job mobility through savings accounts, modest loans, and financial literacy. The study employs a mixed-methods approach that combines qualitative interviews of North, South, East, and West India with quantitative analysis of longitudinal data (2018–2023). After being given a loan, however, we see a dramatic increase in women's employment (more than a two hundred percent increase in self-employment), increasing levels of education (two times higher level of education), and increased well-being of their families. Because of strong ecosystems and enabling laws, South India's standards of effectiveness of microfinance vary by region. However, we have issues such as excessive costs of loans, very high debt, and sociocultural disempowerment. Thus this study calls for the development of region-specific strategies and initiatives of financial literacy and the development of scalable models for enlarging the microfinance reach and effect. The literature on intranational variations and long-term impacts is incomplete; however, this research fills those gaps, helping practitioners and policymakers to realize the full potential of microfinance for enhancing gender equality through the transformation</span></p>
title A Study on the Role of Microfinance Institutions in Women's Empowerment in India, Aiding Gender Equality and SDG 5
topic Microfinance and Women Empowerment, SDG 5, Gender Inequality, Financial Inclusion, Women's Economic Empowerment, Impact of Microfinance
url https://doi.org/10.5281/zenodo.14603497