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Studying the Impact of Composition of Personal Empowerment on Beneficiaries of Microcredit

Author

Listed:
  • Sana Fayyaz
  • Taseer Salahuddin

    (National College of Business Administration and Economics (NCBA&E), Lahore, Pakistan.)

  • Ismat Nasim

    (Government Sadiq College Women University, Bahawalpur.)

  • Alia Ahmed

    (National College of Business Administration and Economics (NCBA&E), Lahore, Pakistan.)

Abstract

The current study aimed to study the impact of dimensions of personal empowerment and microcredit upon the worth of life of women borrowers. This research originated to unlock the potential of a dimension of personal empowerment by way of social political and cultural awareness and has a significant role in improving the quality of life of women. While its dimension of freedom of movement found insignificant due to the prevailed strict patriarchal system, whereas substantial outcomes in respect of contrary to economic decision making illustrated the rigid socio-cultural norms of Pakistan. Therefore, for the sake of strengthening the business purpose, it is necessary that stepping the freedom of movement that leads to the quality of life of women.

Suggested Citation

  • Sana Fayyaz & Taseer Salahuddin & Ismat Nasim & Alia Ahmed, 2018. "Studying the Impact of Composition of Personal Empowerment on Beneficiaries of Microcredit," Pakistan Journal of Economic Studies, Department of Economics, The Islamia University of Bahawalpur, Pakistan., vol. 1(2), pages 153-164, December.
    • Handle: RePEc:akw:iupjes:v:1:y:2018:i:2:p:153-164
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    File URL: https://journals.iub.edu.pk/index.php/pjes/article/view/333
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    More about this item

    Keywords

    Dimensions of Personal Empowerment; Economic Decision Making; Freedom of Movement; Social-political and Cultural Awareness; Women; Quality of Life.;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets
    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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