Impacts of Micro Finance on the Livelihood of Women: History of Microfinance, Microfinance and development, women and developm,Used

Impacts of Micro Finance on the Livelihood of Women: History of Microfinance, Microfinance and development, women and developm,Used

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In Less Developing Countries, rural population in general and the women households in particular are victims of all developments including lack of access to credit and other social services. As a result of these evils of developments, they are terrible in the vicious circle of poverty.286 Microfinance is a push factor that enables the poor to work to get out of poverty. Its application can be viewed from a longterm perspective and its benefits go beyond development through credit for poverty alleviation. The present study identified that microfinance provision highly contributed for the community in general and the women households in particular. It enables them to engage in the new economic movements which created employment and improves their incomes, increase their participation in decision makings, improved their life standards and finally ensures their empowerment. This book can be serving as a quick reference for those who need to study further in the field of microfinance interventions and its contributions in granting national development and growth.

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