Author: Manoj Kumar Bhusal
Abstract:
The aim of the study was to describe the impact of microfinance in empowering the women of northern Bangladesh. The study also aimed at assessing the effectiveness and outreach of NGOs and Microfinance Institutions (MFIs) in addressing the financial needs of the poor. A comparative study of long-term and short-term beneficiaries was carried out in order to evaluate the degree of social participation and political awareness. Increment in choices and opportunities was taken as the major indicator of empowerment. The study was supported by the Ministry for Foreign Affairs of Finland, Finn Church Aid and Rangpur Dinajpur Rural Service (RDRS) Bangladesh.
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