Empowering Women through Microfinance Banks in Rural Areas of Pakistan

Abstract

Women entrepreneurs are considered here as a backbone of economic growth and development. This research is conducted to explain the role of microfinance banks in women's financial, socioeconomic, and political empowerment. The sample was gathered from the customers of microfinance banks operating in the specific areas of Sukkur, Pano Aqil, and Khairpur districts of Sindh province. Women perception about the microfinance bank was found to be positive as they give positive feedback about the banks. According to the findings, limited knowledge about business and financial matters make it highly challenging for women entrepreneurs to start and run business smoothly. However, most of the women are living separate with their husbands, and due to more children, women enjoy freedom of mobility.

Citation

Memon, S.B. and Seaman, C. (2021), "Empowering Women through Microfinance Banks in Rural Areas of Pakistan", Rezaei, S., Li, J., Ashourizadeh, S., Ramadani, V. and Gërguri-Rashiti, S. (Ed.) The Emerald Handbook of Women and Entrepreneurship in Developing Economies, Emerald Publishing Limited, Leeds, pp. 391-408. https://doi.org/10.1108/978-1-80071-326-020211020