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Female Empowerment: Impact of a Commitment Savings Product in the Philippines

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  • Ashraf, Nava
  • Karlan, Dean
  • Yin, Wesley

Abstract

Summary Female "empowerment" has increasingly become a policy goal, both as an end to itself and as a means to achieving other development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering women. Here, using a randomized controlled trial, we examine whether access to and marketing of an individually held commitment savings product lead to an increase in female decision-making power within the household. We find positive impacts, particularly for women who have below median decision-making power in the baseline, and we find this leads to a shift toward female-oriented durables goods purchased in the household.

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Bibliographic Info

Article provided by Elsevier in its journal World Development.

Volume (Year): 38 (2010)
Issue (Month): 3 (March)
Pages: 333-344

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Handle: RePEc:eee:wdevel:v:38:y:2010:i:3:p:333-344

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Web page: http://www.elsevier.com/locate/worlddev

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Keywords: savings microfinance female empowerment household decision making commitment;

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