INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
A CRITICAL EXAMINATION OF MICROFINANCE SCHEMES ON WOMEN’S EMPOWERMENT IN BANGLADESH
Authors Name:
Sk Shahiduzzaman
Unique Id:
IJSDR2210035
Published In:
Volume 7 Issue 10, October-2022
Abstract:
Microfinance offers small-scale credit; savings and insurance to meet the need of poor people and it occupy a central place in poverty oriented strategies. After the adoption of the concept in late 1970s in Bangladesh this programme is largely targeted at women from the poorest section of the populations. It is for women lifting themselves out of their poverty as well as from vulnerable situation. Though the initial objective of this scheme was not for women’s empowerment, in the recent decades it has incorporated the whole aspects associated with women’s empowerment. Currently, with its debates of poverty reduction capability, new question has been prevalent of its capability on women’s empowerment in Bangladesh. Some evidences claim tremendously positive result whereas others suggesting that microfinance turns women’s lives worse off than before. In addition, it is a new doctrine under neoliberal development paradigm which is the replication of capitalist model. On the basis of a number of existing literatures, I tried to explore the actual scenario in this context which reveals that though it is a concept of neo-liberalism, despite some debates it has a great impact on women’s lives to the extent of their economic, social as well as psychological and political positive transformations in Bangladesh. In addition, it is a combination of all sorts of bottom-up development techniques and its outstanding capability to address poverty targeting women; it has been replicated worldwide with great success.
Keywords:
Women Empowerment through Microfinance
Cite Article:
"A CRITICAL EXAMINATION OF MICROFINANCE SCHEMES ON WOMEN’S EMPOWERMENT IN BANGLADESH", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.7, Issue 10, page no.193 - 209, October-2022, Available :http://www.ijsdr.org/papers/IJSDR2210035.pdf
Downloads:
000337348
Publication Details:
Published Paper ID: IJSDR2210035
Registration ID:201901
Published In: Volume 7 Issue 10, October-2022
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.31741
Page No: 193 - 209
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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