Islamic Microfinance and Women Entrepreneurial Success: Mediating Role of Human Capital

Faridi, Muhammad Zahir; Nawaz, Shazia; Bibi, Sadia

doi:10.26710/jafee.v8i1.2125

Cited by 3 publications

(1 citation statement)

References 22 publications

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“…The findings of the study align with H1, which states that there is a significant relationship between involvement in microfinance and women's empowerment. These findings are consistent with previous research that has demonstrated the positive impact of microfinance on women's empowerment, including indicators such as increased income, improved gender equality, expanded access to financial capital, and enhanced entrepreneurial success (Al-Shami et al, 2016;Faridi et al, 2022). Additionally, the data indicates a significant result (p<0.05) of 0.000, in line with previous studies emphasizing the importance of social capital in enhancing women's empowerment (Hameed, 2019).…”

Section: Resultssupporting

confidence: 91%

The Effectiveness of Microfinance Program on Women’s Empowerment: Location as Moderator

Hashim,

Yusof,

Ramley

2023

IMBR

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Women are an engine for economic growth and a value creator for businesses. Though women contribute roughly 40-50% of all small business related in developing countries, they represent fewer than 20% of the world’s landholders, and often their access and control of resources, particularly income, is comparatively lower than that of men. This prevents them from actively driving economic growth and productivity in the business chain. With the help of Amanah Ikhtiar Malaysia (AIM), this study will reach out to the participant of AIM to understand the issue of women’s empowerment. This research focuses on 3 main components: the involvement of microfinance programs, social capital, and training. A survey designed for the participants of AIM was used to gather data from over 375 participants to study the effectiveness of Islamic microfinance in improving women’s empowerment in business. A partial least square-structural equation (PLS-SEM) was used to analyze the research model. Subsequently, the research model was validated using Smart PLS 4 and proposed the study hypothesis. The findings confirmed that involvement in microfinance programs, and social capital, except training, positively influenced women’s empowerment in business. Geographical location as moderator was also found to be non-significant towards women’s empowerment.

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Section: Resultssupporting

confidence: 91%

The Effectiveness of Microfinance Program on Women’s Empowerment: Location as Moderator

Hashim,

Yusof,

Ramley

2023

IMBR

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Evaluating the role of microfinance institutions in enhancing the livelihood of urban poor

Hasan

Singh

Agarwal

et al. 2022

JEAS

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PurposeThe goal of this research is to look at how urban microfinance affects livelihood transformation in terms of poverty reduction, living standards, social well-being, empowerment and entrepreneurship.Design/methodology/approachThis paper analyses the role of urban microfinance towards livelihood with special reference to Western Uttar Pradesh. Primary data were collected from 321 respondents who are users of a microfinance programme using a standardised questionnaire. The data were collected using a stratified random sampling technique, and the data were analysed using structural equation modelling.FindingsUrban microfinance has a considerable impact on poverty reduction, the standard of living, social well-being, empowerment and entrepreneurship in the urban poor, according to the findings.Research limitations/implicationsThe fact that the majority of the borrowers were uneducated was the most significant barrier to them filling out the questionnaire. Their anxiety was the most significant psychological obstacle to successfully answering the questions, and it took time. As a result, it is urged that proper counselling be conducted before the poor borrowers fill out the questionnaire.Practical implicationsThe current study highlights the factors that lead to the utilisation of microfinance services. This research will aid MFIs in selecting the appropriate products and services for the urban poor. The results of this study will aid them in understanding and meeting the expectations of microfinance CEOs.Originality/valueThis is a first study conducted in Northern zone of India measuring the roles urban microfinance institutions (MFIs) in uplifting the livelihood of urban poor.

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Unveiling the Impact of Microfinance on Women's Empowerment: Insights from Cumilla District, Bangladesh

2024

IJMA

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This study delves into the impact of microfinance institutions (MFIs) on women's empowerment in Bangladesh, focusing on Cumilla District. Employing a mixed-method approach, the research investigates the multifaceted dimensions of women's empowerment facilitated by MFIs, incorporating both qualitative and quantitative methodologies. The literature review examines the economic, socio-cultural, and political implications of microfinance on women's empowerment. A conceptual framework elucidates the interplay between microfinance and women's empowerment within the context of Bangladesh's economic landscape and microfinance sector. Through surveys and interviews with loan officers and women beneficiaries, key findings emerge regarding decision-making dynamics, savings and investments, political participation, and household income improvement. The analysis highlights the transformative role of MFIs in enhancing women’s agency and economic status. Challenges and opportunities in fostering women's empowerment through microfinance interventions are discussed, underscoring the need for tailored strategies to maximize impact. Overall, this research provides valuable insights into the nuanced relationship between microfinance and women's empowerment, offering implications for policy and practice in development initiatives aimed at empowering women in Bangladesh and beyond.

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Islamic Microfinance and Women Entrepreneurial Success: Mediating Role of Human Capital

Cited by 3 publications

References 22 publications

The Effectiveness of Microfinance Program on Women’s Empowerment: Location as Moderator

The Effectiveness of Microfinance Program on Women’s Empowerment: Location as Moderator

Evaluating the role of microfinance institutions in enhancing the livelihood of urban poor

Unveiling the Impact of Microfinance on Women's Empowerment: Insights from Cumilla District, Bangladesh

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