RB Swain, FY Wallentin - … review of applied economics, 2009 - Taylor & Francis

Does microfinance empower women? Evidence from self‐help groups in India.

Cultural Transformation in the Geoscience Community AND Program Evaluation

Swain, Wallentin

GSID: P4HHfVa2rZkJ

Excerpt

Microfinance programmes like the Self Help Bank Linkage Program in India have been increasingly promoted for their positive economic impact and the belief that they empower women. However, only a few studies rigorously examine the link between microfinance and women's empowerment. This article contributes to this discussion by arguing that women's empowerment takes place when women challenge the existing social norms and culture, to effectively improve their well‐being. It empirically validates this hypothesis by using quasi …

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