JIMS8M: The Journal of Indian Management & Strategy
Web of Science
  • Year: 2018
  • Volume: 23
  • Issue: 1

Role of microfinance institutions on the empowerment of female Borrowers: Evidence from West Bengal

*Assistant Professor, Department of Management Science, Bengal Institute of Science & Technology

**Assistant Professor, Department of Commerce with Farm Management, Vidyasagar University

Online published on 27 April, 2018.

Abstract

Empowerment becomes a necessity not mere a choice for growth and development. Microfinance institutions are continuously struggle to offer their services for those who are financially excluded, economically backward and not empowered, especially women. It is a forwarding step for better tomorrow. Empowerment can be defined by various dimensions. This paper is an attempt to focus the role of MFIs towards economic empowerment in Purulia district of West Bengal. It deals with primary data surveying with structured questionnaire and collected data of 200 borrowers. Applying ordered logistic regression, it has been observed that MFIs do act as a supportive role for economic empowerment of female beneficiaries of the selected district.

Keywords

Women Empowerment, Microfinance Institution