Microfinance for the marginalized: the impact of the Rojiroti approach in India

Yaron, Gil; Gordon, Rebecca; Best, John Hardin; Choudhary, Sunil

doi:10.3362/1755-1986.17-00011

Cited by 11 publications

(9 citation statements)

References 12 publications

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“…According to the Cook's distances, none of the studies could be considered to be overly influential. Sensitivity analyses leaving each study out indicated that removing Yaron et al, (2018) would increase the average effect (

\hat{\mu }=0.08

[95% CI:

-0.02

to 0.18]), but the effect would still be insignificant ( z =

1.52

p=0.13

).…”

Section: Resultsmentioning

confidence: 99%

“…Seven of our SHG and VSLA studies used a QED. This included Alemu et al (2018), De Hoop et al (2010), Kundu and Mukherjee (2011), Lombardini and Yoshikawa (2015), Vigneri and Lombardini (2017), Yaron et al (2018). We assessed half of the QED studies evaluation SHG and VSLA as having high risk of bias and the other lf as having some concerns, none was assessed as having low risk or bias.…”

Section: Resultsmentioning

confidence: 99%

“…According to the Q-test, the true outcomes appear to be heterogeneous (Q (3) = 15.89, p < 0.01, τ ˆ= 0.02 2 , I = 81.12 2 %). An examination of the studentised residuals revealed that one study (Yaron et al, 2018) had a value larger than ±2.50 and may be a potential outlier in the context of this model. According to the Cook's distances, none of the studies could be considered to be overly influential.…”

Section: Effect Of Shgs On Improved Quality Of Relationships Between ...mentioning

confidence: 99%

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Strengthening women's empowerment and gender equality in fragile contexts towards peaceful and inclusive societies: A systematic review and meta‐analysis

Lwamba¹,

Shisler²,

Ridlehoover³

et al. 2022

Campbell Systematic Reviews

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Background Across the globe, gender disparities still exist with regard to equitable access to resources, participation in decision‐making processes, and gender and sexual‐based violence. This is particularly true in fragile and conflict‐affected settings, where women and girls are affected by both fragility and conflict in unique ways. While women have been acknowledged as key actors in peace processes and post‐conflict reconstruction (e.g., through the United Nations Security Council Resolution 1325 and the Women, Peace and Security Agenda) evidence on the effectiveness of gender‐specific and gender‐transformative interventions to improve women's empowerment in fragile and conflict‐affected states and situations (FCAS) remains understudied. Objectives The purpose of this review was to synthesize the body of evidence around gender‐specific and gender‐transformative interventions aimed at improving women's empowerment in fragile and conflict‐affected settings with high levels of gender inequality. We also aimed to identify barriers and facilitators that could affect the effectiveness of these interventions and to provide implications for policy, practice and research designs within the field of transitional aid. Methods We searched for and screened over 100,000 experimental and quasi‐experimental studies focused on FCAS at the individual and community levels. We used standard methodological procedures outlined by the Campbell Collaboration for the data collection and analysis, including quantitative and qualitative analyses, and completed the Grading of Recommendations, Assessment, Development and Evaluations (GRADE) methodology to assess the certainty around each body of evidence. Results We identified 104 impact evaluations (75% randomised controlled trials) assessing the effects of 14 different types of interventions in FCAS. About 28% of included studies were assessed as having a high risk of bias (45% among quasi‐experimental designs). Interventions supporting women's empowerment and gender equality in FCAS produced positive effects on the outcomes related to the primary focus of the intervention. There are no significant negative effects of any included interventions. However, we observe smaller effects on behavioural outcomes further along the causal chain of empowerment. Qualitative syntheses indicated that gender norms and practices are potential barriers to intervention effectiveness, while working with local powers and institutions can facilitate the uptake and legitimacy of interventions. Conclusions We observe gaps of rigorous evidence in certain regions (notably MENA and Latin America) and in interventions specifically targeting women as actors of peacebuilding. Gender norms and practices are important elements to consider in programme design and implementation to maximise potential benefits: focusing on empowerment only might not be enough in the absence of targeting the restrictive gender norms and practices that may undermine intervention effectiveness. Lastly, programme designers and im...

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\hat{\mu }=0.08

[95% CI:

-0.02

to 0.18]), but the effect would still be insignificant ( z =

1.52

p=0.13

).…”

Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

Section: Effect Of Shgs On Improved Quality Of Relationships Between ...mentioning

confidence: 99%

See 1 more Smart Citation

Strengthening women's empowerment and gender equality in fragile contexts towards peaceful and inclusive societies: A systematic review and meta‐analysis

Lwamba¹,

Shisler²,

Ridlehoover³

et al. 2022

Campbell Systematic Reviews

View full text Add to dashboard Cite

show abstract

“…The pattern of providing loans for SHGs members is providing loans to the poor and marginalized members of SHGs in rotation. Yaron et al (2018) proved that the pattern of rotating loans for SHGs members was developed. The success of this group-based rotating loan pattern as an instrument of women's economic empowerment is also strengthened by the research of Wulandari and Kassim (2016); Ancel et al (2019); Subrahmanyam and Santosh (2019); Sikivahan and Ponniah (2019b); Radhaakrishnan et al (2019); Gordon (2020); Manikandan and Muthumeenakshi (2020); Gogoi (2020); Manikandan and Muthumeenakshi (2020).…”

Section: Joint Responsibility Systemmentioning

confidence: 97%

The Role of Micro Waqf Bank in Women’s Micro-Business Empowerment through Islamic Social Finance: Mixed-Method Evidence from Mawaridussalam Indonesia

2022

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This study examined the role of the Micro Waqf Bank in empowering women micro-entrepreneurs. This research used a mixed-method with an explanatory design. Quantitatively, this study examines the effect of the joint responsibility system, financing, and mentoring on the growth of the micro-enterprises business. The sample used was 200 women micro-entrepreneurs using a purposive sampling technique. Quantitative data analysis was performed using the Structural Equation Model based on Partial Least Squares (SEM PLS) technique. This research qualitatively analyzes how the Micro Waqf Bank has carried out its role in empowering women, including dealing with crises due to the COVID-19 pandemic. Thematic analysis was used as the qualitative data analysis technique. Informants in this study amounted to 6 informants from MWB Mawaridussalam consisting of Management, Mentors, and female micro-enterprises. The research results quantitatively indicate that there is a positive and significant impact on the joint responsibility system, financing, and mentoring on the development of micro-enterprise members. Mentoring is the most significant variable that impacts the growth of a micro-enterprise business. Qualitatively, the research results show the role of the Micro Waqf Bank in the economic empowerment of women micro-business entrepreneurs by specifically recommending reinforcement of the mentoring function.

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“…SHG microfinance in particular is viewed as enabling poor households to save and manage money, which can buffer them from unexpected financial crisis (Verma and Aggarwal, 2014). Research by Yaron et al (2018Yaron et al ( , 2019 on the effects of microfinance on marginalised communities in India drew on the Rojiroti scheme as an SHG case study. The research found that within a short period of time as members, women were demonstrating significantly increased participation, particularly in the organisation of household finances.…”

Section: Microfinance and Povertymentioning

confidence: 99%

Daily Bread: Women’s Self-Help Microfinance and the Social Meanings of Money

Bott

Ojha

Mini

et al. 2022

Sociological Research Online

Self Cite

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In this article, we explore the impacts and implications of ‘Rojiroti’, a women’s self-help group (SHG) microfinance scheme operating in poor communities in Bihar, India. We focus particularly on how improvements found in women’s circumstances and in children’s health might result from Rojiroti SHG membership. Through data from 5 focus groups and 19 individual interviews with women in communities where Rojiroti operates, we discover how the scheme is regarded and how it affects women’s management of household budgets. Moreover, we explore the relational aspects of SHG microfinance and the ways that it can alter family and social dynamics. Drawing on notions of ‘earmarked’ money and ‘safeguarded’ money, we argue that the money itself has meaning and non-pecuniary value in the form of other currencies, including power and agency, which can lead to the improved well-being and health of families.

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Microfinance for the marginalized: the impact of the Rojiroti approach in India

Cited by 11 publications

References 12 publications

Strengthening women's empowerment and gender equality in fragile contexts towards peaceful and inclusive societies: A systematic review and meta‐analysis

Strengthening women's empowerment and gender equality in fragile contexts towards peaceful and inclusive societies: A systematic review and meta‐analysis

The Role of Micro Waqf Bank in Women’s Micro-Business Empowerment through Islamic Social Finance: Mixed-Method Evidence from Mawaridussalam Indonesia

Daily Bread: Women’s Self-Help Microfinance and the Social Meanings of Money

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