Impact of Micro Finance Through Amhara Credit and Saving Institution on Women Economic Empowerment
Belay Mengstie1, Amanpreet Singh2
1Belay Mengistie Addisu holds Master’s Degree in Business Administration (MBA). Currently he is attending his PHD in Punjabi university, Punjabi, India.
2Dr. Amanpreet Singh is Assistant Professor in Punjabi university, School of Management Studies since March 06, 2009. Punjabi,, India.
Manuscript received on November 19, 2019. | Revised Manuscript received on November 29 2019. | Manuscript published on 30 November, 2019. | PP: 9696-9703 | Volume-8 Issue-4, November 2019. | Retrieval Number: D9993118419/2019©BEIESP | DOI: 10.35940/ijrte.D9993.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Women economic empowerment is one of the strategies aimed at enabling women in decision making, increment in income and asset ownership. The purpose of the study was to analyze the impact of micro finance through Amhara credit and saving institution on women economic empowerment. Qualitative and quantitative research approaches were used to obtain a reliable data. Data were derived from a questionnaire of a sample of 346 women clients of Amhara Credit and Saving Institution. In addition, six focus group discussions were conducted involving 48 women while in depth interviews were carried out with 6 micro finance leaders, and experts. Multiple Regressions, Independent t-test, Analysis of variance were employed for data analysis. The Regression result revealed that age, marital status, education level, credit amount, number of training have significant impact on women’s economic empowerment. However, numbers of household and previous business experience have insignificant impact on women economic empowerment in the study areas. Independent t-test result revealed that Amhara credit and saving institution has significant impact on women’s economic empowerment as measured by the increased participation of women in resource controlling, improved household income, asset possession levels, and saving.
Keywords: Amhara Credit and Saving Institution (ACSI), Women Economic Empowerment, Impact, Micro Finance.
Scope of the Article: Economics of Energy Harvesting Communications.