Microfinance And Empowerment: A Case Study On Beneficiaries Of A Community Development Program
Main Article Content
Abstract
In the current era, for developing countries, empowerment as a mechanism for poverty alleviation, is becoming a challenge. Poverty alleviation requires a shift from a traditional “top-down” approach to a “bottom-up” approach. This can be done by building capacity within the communities. Considering the importance of the bottom-up approach a microfinance institution started its activities in a small village under the scheme of a community development program for getting sustainable empowerment. In order to explore the change that has occurred because of microfinance, provided under the scheme of a community development program, a qualitative study has been conducted. For data collection, two focus groups were conducted over the community development program. The findings revealed that beneficiaries experienced four different phases of empowerment; sensitization, intervention, initiating empowerment, and sustainable empowerment.
Downloads
Metrics
Article Details
Licensing
TURCOMAT publishes articles under the Creative Commons Attribution 4.0 International License (CC BY 4.0). This licensing allows for any use of the work, provided the original author(s) and source are credited, thereby facilitating the free exchange and use of research for the advancement of knowledge.
Detailed Licensing Terms
Attribution (BY): Users must give appropriate credit, provide a link to the license, and indicate if changes were made. Users may do so in any reasonable manner, but not in any way that suggests the licensor endorses them or their use.
No Additional Restrictions: Users may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
