Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh

This article presented the findings on the role of microcredit financial assistance, specifically from Bangladesh Rural Advancement Committee (BRAC) Micro-finance institution to assist rural women in Sylhet District, Bangladesh involved in income generating activities. The impact on their socio-econ...

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Main Authors: Akter, Aysha, Ahmad, Nobaya
Format: Article
Language:English
Published: Human Resource Management Academic Research Society 2020
Online Access:http://psasir.upm.edu.my/id/eprint/88791/1/WOMEN.pdf
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author Akter, Aysha
Ahmad, Nobaya
author_facet Akter, Aysha
Ahmad, Nobaya
author_sort Akter, Aysha
collection UPM
description This article presented the findings on the role of microcredit financial assistance, specifically from Bangladesh Rural Advancement Committee (BRAC) Micro-finance institution to assist rural women in Sylhet District, Bangladesh involved in income generating activities. The impact on their socio-economic empowerment, the constraints of rural women in having access to loan service from micro-finance institutions and loan repayment process will be discussed. The target population of the study was those women who had availed microcredit facilities from some microcredit providing institutions or organizations in the study area. Survey method was used as a technique for data collection. The results of the analysis indicate that participation of rural women in micro-finance assisted income generating activities contributes towards socioeconomic empowerment. It also showed that most of the rural women who availed the facility of microcredit finally became empowered through acquiring the confidence level, business skills, decision making power, and self-esteem. The findings also showed that microcredit has significant impact on the up lift of socio-economic empowerment of the women’s in Sylhet district. However, constraints of rural women in accessing loan and loan repayment process should be properly addressed by the stakeholders to improve the contribution of micro- finance institutions for achieving sustainable development goal. Hence, accessing microcredit has been able to empower women financially and it is suggested that microcredit loan be made accessible to poor women who are keen to uplift the family’s economic wellbeing.
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spelling upm.eprints-887912021-10-06T03:28:47Z http://psasir.upm.edu.my/id/eprint/88791/ Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh Akter, Aysha Ahmad, Nobaya This article presented the findings on the role of microcredit financial assistance, specifically from Bangladesh Rural Advancement Committee (BRAC) Micro-finance institution to assist rural women in Sylhet District, Bangladesh involved in income generating activities. The impact on their socio-economic empowerment, the constraints of rural women in having access to loan service from micro-finance institutions and loan repayment process will be discussed. The target population of the study was those women who had availed microcredit facilities from some microcredit providing institutions or organizations in the study area. Survey method was used as a technique for data collection. The results of the analysis indicate that participation of rural women in micro-finance assisted income generating activities contributes towards socioeconomic empowerment. It also showed that most of the rural women who availed the facility of microcredit finally became empowered through acquiring the confidence level, business skills, decision making power, and self-esteem. The findings also showed that microcredit has significant impact on the up lift of socio-economic empowerment of the women’s in Sylhet district. However, constraints of rural women in accessing loan and loan repayment process should be properly addressed by the stakeholders to improve the contribution of micro- finance institutions for achieving sustainable development goal. Hence, accessing microcredit has been able to empower women financially and it is suggested that microcredit loan be made accessible to poor women who are keen to uplift the family’s economic wellbeing. Human Resource Management Academic Research Society 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/88791/1/WOMEN.pdf Akter, Aysha and Ahmad, Nobaya (2020) Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh. International Journal of Academic Research in Business and Social Sciences, 10 (11). 146 - 161. ISSN 2222-6990 https://hrmars.com/papers/detail/IJARBSS/8298/Empowering-Rural-Womens-Involvement-in-Income-Generating-Activities-Through-BRAC-Microfinance-Institution-in-Sylhet-District-Bangladesh 10.6007/IJARBSS/v10-i16/8298
spellingShingle Akter, Aysha
Ahmad, Nobaya
Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh
title Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh
title_full Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh
title_fullStr Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh
title_full_unstemmed Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh
title_short Empowering rural women's involvement in income generating activities through BRAC microfinance institution in Sylhet District, Bangladesh
title_sort empowering rural women s involvement in income generating activities through brac microfinance institution in sylhet district bangladesh
url http://psasir.upm.edu.my/id/eprint/88791/1/WOMEN.pdf
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AT ahmadnobaya empoweringruralwomensinvolvementinincomegeneratingactivitiesthroughbracmicrofinanceinstitutioninsylhetdistrictbangladesh