Abstract:
This project work is to find out how women have been empowered through the programs of
micro finance. Other specific objectives of the research are to investigate the impact of women
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empowerment on the economy and examine the role of microfinance institution on women
empowerment.
The study will be significant because, it will help microfinance institutions to draw out strategic
management information position themselves to enhance their financial performance and
sustainability. It will also help us to know their products and services are having position impact
on women empowerment.
The study found out that majority of microfinance supported women entrepreneurs were aged
between30-39 and most of them were married with children. However, majority were without
husbands. Those with at least a child constituted about 96%. Majority of these entrepreneurs had
basic or no formal education. And they had been doing that business for five or more years.
At the end of the study; we wish to recommend that, The training programmes organized by
MFIs for their clients are laudable and it is recommended that they must continue and if possible
such training programmes must improve; In order to make microfinance effective and sensitive
to the needs of women micro enterprises, the interest rate should be reduced and be made known
to the customers; In view of the fact that the loans are usually not sufficient, it is recommended
that micro entrepreneurs be given a loan size based on the assessment of their individual
enterprises.
