Empowering women and stimulating development at bottom of pyramid through micro-entrepreneurship

Abstract

Purpose The purpose of the paper is to address the sustainability issue of Self-help groups by means of developing small business/micro-entrepreneurs. Design/methodology/approach The causal relationship between empowerment through SHG and micro-entrepreneurship is being investigated by estimating empirical data through structural equation modelling with second-order latent factor. Findings Empirical examination supports the causal relationship between empowerment through SHG and small business. Research limitations/implications The study is conforming the policy of group forming and, at this stage, develops a conceptual framework but with real implications for comprehensive policy decisions. Originality/value There are many studies on the women empowerment aspect of SHGs. However, few attempted to find out how the micro-entrepreneurs emerging from SHGs.

Empowering Women Through Financial Inclusion: A Study of Urban Slum

“…Overall, the current study makes two contributionsone, advancing literature on financial inclusion of women in urban slums and two, assessing the impact of recently launched financial inclusion schemes by the Government of India. As recognized in this study, all sorts of financial inclusion processes have the ability to impact the empowerment of women and this is in line with the available literature which suggests that financial inclusion has an impact on the social empowerment of women (Al-Mamun et al, 2014;Basu, 2006;Blattman, Green, Annan, & Jamison, 2013;Chatterjee et al, 2018;Goetz & Gupta, 1996;Rahaman, 1999;Weber & Ahmad, 2014;Wrigley-Asante, 2012). Similarly, the results of financial inclusion and political empowerment (Basu, 2006;Bhattacharyya, 2019;Hashemi, Schuler, & Riley, 1996;Kabeer, 1999;Malhotra & Schuler, 2005) and economic empowerment (Datta & Sahu, 2017;Bayulgen, 2015;Hashemi et al, 1996;Kabeer, 1999) are consistent with the literature.…”

“…Thus, political factors such as political quotas, awareness, and voting rights are important interventions in this regard (Armendáriz & Morduch, 2010;Deininger & Liu, 2013;Kabeer, 1999;Sundström, Paxton, Wang, & Lindberg, 2017). Administrative framework, social standards, independence in basic leadership, social versatility and systems additionally significantly affect women empowerment procedures (Bandiera et al, 2018;Beteta, 2006;Chatterjee, Gupta, & Upadhyay, 2018;Kumar et. al., 2019).…”

“…Political empowerment is advancement of political inclusivity and supporting political involvement as per rights and legitimate job of women. Political empowerment can be accomplished through political awareness, position of power, support in political action, and participation in political groups (Chatterjee et al, 2018). Expanding female portrayal in administration, casting a ballot, and political contribution and inclusion in casual groups to straighten out network issues leads further women empowerment (Bardhan & Klasen, 1999).…”

Financing micro-entrepreneurs for poverty alleviation: a performance analysis of microfinance services offered by BRAC, ASA, and Proshika from Bangladesh

“…Similarly, Quayes (2012) results suggest a positive impact of microfinance on economic development while other studies argue that only loans for productive purposes have a positive effect on economic development (Imai et al 2010;Vial and Hanoteau 2015). Chatterjee et al (2018) found that group based financial services to micro-enterprises empower women borrowers and translate into economic up-liftment. On the other hand, Morduch (1998) argues that micro-credit has only minimal impact on poverty reduction because it rather supports borrowers to create basic incomes instead of driving fundamental economic shifts.…”

What Is Craft?—An Empirical Analysis of Consumer Preferences for Craft Beer in Italy

“…Craftsman behavior is characterized by precise routines beyond mere production activities; it includes the choice of raw materials and techniques, processing procedure, and packaging. Numerous studies report that craftsmen are not stimulated by financial and growth motives, but have personal satisfaction and lifestyle goals (Hornaday, 1990;Fillis, 2002;Greenhalgh, 2003;Poettschacher, 2005;Chatterjee et al, 2017). Everything is done with a focus on the consumer.…”