IDEAS home Printed from https://ideas.repec.org/p/sol/wpaper/2013-152624.html
   My bibliography  Save this paper

The Gender Impact of Microfinance: The Case of Wekembe in Uganda

Author

Listed:
  • Marcella Corsi
  • Marina De Angelis
  • Pierluigi Montalbano

Abstract

Microfinance industry has grown massively in the past decades. Even if it is commonly considered as an importantdevelopment tool, the evidence of the socio-economic impact of microfinance is mixed, regardless of what methodology hasbeen applied. The purpose of this study is to assess the socio-economic impact of microfinance on the clients of amicrofinance program in Uganda, named Wekembe. To do so, we have conducted a survey on 294 Wekembe’s clients andwe have used the survey results to build a dataset, which by means of different methodologies – controlling also for selectionbias by means of a generalized propensity score (GPS) matching technique - allows us to analyse the impact ofmicrofinance on Wekembe clients’ savings and women clients’ empowerment.

Suggested Citation

  • Marcella Corsi & Marina De Angelis & Pierluigi Montalbano, 2013. "The Gender Impact of Microfinance: The Case of Wekembe in Uganda," Working Papers CEB 13-045, ULB -- Universite Libre de Bruxelles.
  • Handle: RePEc:sol:wpaper:2013/152624
    as

    Download full text from publisher

    File URL: https://dipot.ulb.ac.be/dspace/bitstream/2013/152624/1/wp13045.pdf
    File Function: wp13045
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cécile Lapenu & Manfred Zeller & Martin Greely & Renée Chao-Béroff & Koenraad Verhagen, 2004. "Performances sociales : Une raison d'être des institutions de microfinance et pourtant encore peu mesurées. Quelques pistes," Mondes en développement, De Boeck Université, vol. 126(2), pages 51-68.
    2. Magrini, Emiliano & Montalbano, Pierluigi & Nenci, Silvia & Salvatici, Luca, 2014. "Agricultural trade distortions during recent international price spikes: what implications for food security?," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182726, European Association of Agricultural Economists.
    3. Annabel Vanroose, 2008. "Which macro factors make microfinance institutions reach out?," ULB Institutional Repository 2013/174948, ULB -- Universite Libre de Bruxelles.
    4. Niels Hermes & Robert Lensink, 2007. "The empirics of microfinance: what do we know?," Economic Journal, Royal Economic Society, vol. 117(517), pages 1-10, February.
    5. F. Calidoni-Lundberg & A. Fedele, 2006. "Technology replaces culture in microcredit markets: the case of Italian MAGs," Economics Department Working Papers 2006-EP11, Department of Economics, Parma University (Italy).
    6. Imai, Katsushi S. & Arun, Thankom & Annim, Samuel Kobina, 2010. "Microfinance and Household Poverty Reduction: New Evidence from India," World Development, Elsevier, vol. 38(12), pages 1760-1774, December.
    7. M. Shahe Emran & A. K. M. Mahbub Morshed & Joseph E. Stiglitz, 2021. "Microfinance and missing markets," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 54(1), pages 34-67, February.
    8. Kluve, Jochen & Schneider, Hilmar & Uhlendorff, Arne & Zhao, Zhong, 2007. "Evaluating Continuous Training Programs Using the Generalized Propensity Score," Ruhr Economic Papers 35, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    9. Esther Duflo, 2012. "Women Empowerment and Economic Development," Journal of Economic Literature, American Economic Association, vol. 50(4), pages 1051-1079, December.
    10. Mersland, Roy, 2005. "The agenda and relevance of recent research in Microfinance," MPRA Paper 2433, University Library of Munich, Germany.
    11. Abhijit Banerjee & Esther Duflo & Rachel Glennerster & Cynthia Kinnan, 2015. "The Miracle of Microfinance? Evidence from a Randomized Evaluation," American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 22-53, January.
    12. Jalilian, Hossein & Kirkpatrick, Colin, 2002. "Financial Development and Poverty Reduction in Developing Countries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 7(2), pages 97-108, April.
    13. Emiliano Magrini & Pierluigi Montalbano & Silvia Nenci, 2013. "Are the EU trade preferences really effective? A Generalized Propensity Score evaluation of the Southern Mediterranean Countries' case in agriculture and fishery," Working Papers 2/13, Sapienza University of Rome, DISS.
    14. Jochen Kluve & Hilmar Schneider & Arne Uhlendorff & Zhong Zhao, 2012. "Evaluating continuous training programmes by using the generalized propensity score," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 175(2), pages 587-617, April.
    15. Mersland, Roy & Strøm, Reidar Øystein, 2007. "Performance and corporate governance in microfinance institutions," MPRA Paper 3888, University Library of Munich, Germany.
    16. Marcella Corsi & Fabrizio Botti & Tommaso Rondinella & Giulia Zacchia, 2006. "Women and Microfinance in Mediterranean Countries," Development, Palgrave Macmillan;Society for International Deveopment, vol. 49(2), pages 67-74, June.
    17. Indunil De Silva, 2012. "Evaluating the Impact of Microfinance on Savings and Income in Sri Lanka:Quasi-experimental Approach Using Propensity Score Matching," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 6(1), pages 47-74, February.
    18. Annabel Vanroose, 2006. "The uneven development of microfinance: a Latin-American perspective," Working Papers CEB 06-021.RS, ULB -- Universite Libre de Bruxelles.
    19. Jun Du & Sourafel Girma, 2009. "The Effects of Foreign Acquisition on Domestic and Export Markets Dynamics in China," The World Economy, Wiley Blackwell, vol. 32(1), pages 164-177, January.
    20. Linda Mayoux, 2001. "Tackling the Down Side: Social Capital, Women’s Empowerment and Micro‐Finance in Cameroon," Development and Change, International Institute of Social Studies, vol. 32(3), pages 435-464, June.
    21. Annabel Vanroose, 2008. "What macro factors make microfinance institutions reach out?," Working Papers CEB 08-036.RS, ULB -- Universite Libre de Bruxelles.
    22. Beck, Thorsten & Levine, Ross & Loayza, Norman, 2000. "Finance and the sources of growth," Journal of Financial Economics, Elsevier, vol. 58(1-2), pages 261-300.
    23. F. Calidoni-Lundberg & A. Fedele, 2006. "Technology replaces culture in microcredit markets: the case of Italian MAGs," Economics Department Working Papers 2006-EP11, Department of Economics, Parma University (Italy).
    24. Michela Bia & Alessandra Mattei, 2008. "A Stata package for the estimation of the dose–response function through adjustment for the generalized propensity score," Stata Journal, StataCorp LP, vol. 8(3), pages 354-373, September.
    25. Hoff, Karla & Stiglitz, Joseph E, 1990. "Imperfect Information and Rural Credit Markets--Puzzles and Policy Perspectives," The World Bank Economic Review, World Bank, vol. 4(3), pages 235-250, September.
    26. Soyolmaa Batbekh & Keith Blackburn, 2008. "On the Macroeconomics of Microfinance," Centre for Growth and Business Cycle Research Discussion Paper Series 106, Economics, The University of Manchester.
    27. Jochen Kluve & Hilmar Schneider & Arne Uhlendorff & Zhong Zhao, 2012. "Evaluating continuous training programmes by using the generalized propensity score," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 175(2), pages 587-617, April.
    28. Leonardo Becchetti & Pierluigi Conzo, 2010. "The controversial effects of microfinance on child schooling: A retrospective approach," Working Papers 173, ECINEQ, Society for the Study of Economic Inequality.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rachel Masika, 2017. "Mobile Phones and Entrepreneurial Identity Negotiation by Urban Female Street Traders in Uganda," Gender, Work and Organization, Wiley Blackwell, vol. 24(6), pages 610-627, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Magrini, Emiliano & Montalbano, Pierluigi & Nenci, Silvia & Salvatici, Luca, 2014. "Agricultural trade distortions during recent international price spikes: what implications for food security?," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182726, European Association of Agricultural Economists.
    2. Emiliano Magrini & Pierluigi Montalbano & Silvia Nenci & Luca Salvatici, 2017. "Agricultural (Dis)Incentives and Food Security: Is There a Link?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(4), pages 847-871.
    3. Emiliano Magrini & Pierluigi Montalbano & Silvia Nenci & Luca Salvatici, 2014. "Agricultural Trade Policies and Food Security: Is there a Causal Relationship?," Working Papers 9/14, Sapienza University of Rome, DISS.
    4. Roberto ESPOSTI, 2014. "To match, not to match, how to match: Estimating the farm-level impact of the CAP-first pillar reform (or: How to Apply Treatment-Effect Econometrics when the Real World is;a Mess)," Working Papers 403, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    5. Esposti, Roberto, 2014. "The Impact of the 2005 CAP-First Pillar Reform as a Multivalued Treatment Effect -Alternative Estimation Approaches," 2014 Third Congress, June 25-27, 2014, Alghero, Italy 173005, Italian Association of Agricultural and Applied Economics (AIEAA).
    6. Hilal Atasoy & Rajiv D. Banker & Paul A. Pavlou, 2016. "On the Longitudinal Effects of IT Use on Firm-Level Employment," Information Systems Research, INFORMS, vol. 27(1), pages 6-26, March.
    7. Ida D'Attoma & Silvia Pacei, 2018. "Evaluating the Effects of Product Innovation on the Performance of European Firms by Using the Generalised Propensity Score," German Economic Review, Verein für Socialpolitik, vol. 19(1), pages 94-112, February.
    8. Emiliano Magrini & Pierluigi Montalbano & Silvia Nenci, 2013. "Are the EU trade preferences really effective? A Generalized Propensity Score evaluation of the Southern Mediterranean Countries' case in agriculture and fishery," Working Papers 2/13, Sapienza University of Rome, DISS.
    9. Meles, Tensay Hadush, 2020. "Impact of power outages on households in developing countries: Evidence from Ethiopia," Energy Economics, Elsevier, vol. 91(C).
    10. Tübbicke Stefan, 2022. "Entropy Balancing for Continuous Treatments," Journal of Econometric Methods, De Gruyter, vol. 11(1), pages 71-89, January.
    11. Haji, Jema, 2022. "Impact of agricultural commercialization on child nutrition in Ethiopia," Food Policy, Elsevier, vol. 113(C).
    12. Juan M. Villa, 2014. "The length of exposure to antipoverty transfer programmes: what is the relevance for children's human capital formation?," Global Development Institute Working Paper Series 20614, GDI, The University of Manchester.
    13. Chepchirchir, R. & Macharia, I. & Murage, A.W. & Midega, C.A.O. & Khan, Z.R., 2016. "Impact assessment of push-pull technology on incomes, productivity and poverty among smallholder households in Eastern Uganda," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246316, African Association of Agricultural Economists (AAAE).
    14. Finn McGuire & Noemi Kreif & Peter C. Smith, 2021. "The effect of distance on maternal institutional delivery choice: Evidence from Malawi," Health Economics, John Wiley & Sons, Ltd., vol. 30(9), pages 2144-2167, September.
    15. Serrano-Domingo, Guadalupe & Requena-Silvente, Francisco, 2013. "Re-examining the migration–trade link using province data: An application of the generalized propensity score," Economic Modelling, Elsevier, vol. 32(C), pages 247-261.
    16. Rincón Barajas, Jorge A., 2023. "Productivity dynamics and state support after a land titling program: Evidence from Colombia," Land Use Policy, Elsevier, vol. 131(C).
    17. Zachary K. Collier & Walter L. Leite & Allison Karpyn, 2021. "Neural Networks to Estimate Generalized Propensity Scores for Continuous Treatment Doses," Evaluation Review, , vol. 45(1-2), pages 3-33, February.
    18. Noémi Kreif & Richard Grieve & Iván Díaz & David Harrison, 2015. "Evaluation of the Effect of a Continuous Treatment: A Machine Learning Approach with an Application to Treatment for Traumatic Brain Injury," Health Economics, John Wiley & Sons, Ltd., vol. 24(9), pages 1213-1228, September.
    19. Chung Choe & Alfonso Flores-Lagunes & Sang-Jun Lee, 2015. "Do dropouts with longer training exposure benefit from training programs? Korean evidence employing methods for continuous treatments," Empirical Economics, Springer, vol. 48(2), pages 849-881, March.
    20. Jie Zhu & Blanca Gallego, 2021. "Continuous Treatment Recommendation with Deep Survival Dose Response Function," Papers 2108.10453, arXiv.org, revised Sep 2023.

    More about this item

    Keywords

    Microfinance; Gender; Empowerment; Savings;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sol:wpaper:2013/152624. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Benoit Pauwels (email available below). General contact details of provider: https://edirc.repec.org/data/cebulbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.