The Effects of Microcredit on The Empowerment of Women in Northern Region of Bangladesh Md. Rakibul Islam Rubel, Md. Mozahidul Haque, & Mohammad Earfan Ali Khondaker

The Effects of Microcredit on The Empowerment of Women in Northern Region of Bangladesh

Author (s)

Md. Rakibul Islam Rubel, Md. Mozahidul  Haque, & Mohammad Earfan Ali Khondaker

Abstract

The study investigated the effects of microcredit on the empowerment of women in the Northern region of Bangladesh. The leading NGOs namely ASA, BRAC, GRAMEEN BANK, PROSHIKA, SKS and TMSS were targeted for data collection in the three selected districts viz., Gaibandha, Rangpur and Dinajpur in the Northern region of Bangladesh. A total of 247 women (Microcredit borrowers) were selected randomly from the selected districts as the sample of the study. The findings of the study showed that microcredit reduces economic problems of the women and helps to enhance economic empowerment. And also after taking loan or involving with microcredit their family income, expenditure and savings increased significantly. Positive and significant empowerment effects were found for the indicators: intra-HH decision, mobility, and own & child healthcare. It is seen that after taking loan or involving with microcredit decision-making power have changed for the women in all the dimensions used in this study and more importantly the women view such changes rather positively. If interest rates are kept low, payments are collected in a reasonable amount of time, and support in terms of education and advice are granted to borrowers, microcredit can continue to positively impact and empower women in Bangladesh and abroad. It is hoped that the findings of this study would prove to be useful for Government departments, NGO’s, Agencies and Researchers who wish to do further research in the areas mentioned above and may be helpful to the policy makers and planners in formulating plans for national development.

Key words: Microcredit, Effects of Microcredit, Economic Empowerment of Women, Empowerment of Women, Decision-making power, Mobility of women, Bangladesh.

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Title: The Effects of Microcredit on The Empowerment of Women in Northern Region of Bangladesh
Author: Md. Rakibul Islam Rubel, Md. Mozahidul  Haque, & Mohammad Earfan Ali Khondaker
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.3550854
Media: Online and print
Volume: 3
Issue: 6
Acceptance Date: 16/11/2019
Date of Publication: 22/11/2019
PDF URL: http://ijsab.com/wp-content/uploads/428.pdf
Free download: Available
Page: 191-202
First Page: 191
Last Page: 202
Paper Type: Research Paper
Current Status: Published

Cite This Article:

Md. Rakibul Islam Rubel, Md. Mozahidul  Haque, & Mohammad Earfan Ali Khondaker (2019). The Effects of Microcredit on The Empowerment of Women in Northern Region of Bangladesh. International Journal of Science and Business, 3(6), 191-202.  doi: https://doi.org/10.5281/zenodo.3550854

Retrieved from http://ijsab.com/wp-content/uploads/428.pdf

 

About Author (s)

Md. Rakibul Islam Rubel, M.S., Department of Statistics, Hajee Mohammad Danesh Science and Technology University, Dinajpur-5200, Bangladesh.

Md. Mozahidul Haque, (Corresponding author), M.S., Department of Statistics, Hajee Mohammad Danesh Science and Technology University, Dinajpur-5200,   Bangladesh.

Dr. Mohammad Earfan Ali Khondaker, Associate Professor, Department of Statistics,       Faculty of Science, Hajee Mohammad Danesh Science and Technology University, Dinajpur-5200, Bangladesh.

 

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DOI: https://doi.org/10.5281/zenodo.3550854

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