IMPACT OF MICROCREDIT PROGRAMS ON WOMEN EMPOWERMENT IN NEPAL
Date
2024
Authors
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Publisher
Shanker Dev Campus
Abstract
This study is examined impact of microcredit programs on women empowerment in Nepal. The main objectives of this study to assess the current status of microcredit programs on women empowerment in Nepal, to examine the relationship between relationships between microcredit programs on women empowerment and to analyze the impact of microcredit program on women empowerment. Income level, Ownership of assets, Family support, Decision making power and Freedom of mobility are the independent variables whereas economic empowerment and social empowerment are the dependent variables. Demographic, Descriptive statistics, correlation analysis and multiple regression are used to present data. The major finding of this study were the positive correlations among Economic Empowerment, Social Empowerment, Family Support, and Freedom Mobility suggest that improvements in one area are likely to positively influence others. This interconnectedness underscores the multifaceted nature of empowerment and the importance of addressing multiple dimensions to enhance overall personal and social well-being. In regression coefficient, Ownership of Assets, Family Support, and Decision-Making Power are significant predictors of Economic Empowerment, with positive coefficients indicating their substantial contributions to enhancing Economic Empowerment. Income Level and Freedom of Mobility, while positively related to Economic Empowerment, do not achieve statistical significance at the 0.05 level but may still be relevant in understanding the broader context of empowerment. Ownership of Assets, Family Support, and Decision-Making Power are significant predictors of Social Empowerment, with positive coefficients indicating their substantial contributions to enhancing Social Empowerment. Income Level and Freedom of Mobility, while positively associated with Social Empowerment, do not reach statistical significance at the 0.05 level. This suggests that while these factors may influence Social Empowerment, their effects are less pronounced compared to the other variables