Empowerment Dynamics: Exploring the Impact of Self-Help Groups on Rural Women
Santhosh Kumar K.,
P. S. Aithal
Abstract:Purpose: This study aims to examine how Social Empowerment (SE) and Economic Empowerment (EE) affect Total Empowerment (TE) among women, using an ordinal regression method. The research seeks to explore the relationship between these dimensions of empowerment and their combined impact on women's overall empowerment.
Design/Methodology/Approach: This study utilizes a quantitative research methodology, incorporating both primary and secondary data sources. Primary data are gathered via a structured questionnaire… Show more
Purpose: The study aims to examine the impact of digital microfinance programs, including digital microloans, on financial inclusion and economic empowerment in India, and to assess their contributions to poverty alleviation and enhanced livelihoods among marginalized communities.
Design/Methodology/Approach: This study employs a systematic approach to conduct a comprehensive literature review on microfinance and digital microloans in India. The methodology includes thorough searches across academic databases, institutional reports, and policy documents to compile pertinent literature. Additionally, ABCD analysis was conducted to provide detailed insights from the perspectives of both consumers and service providers. By synthesizing existing knowledge, the research aims to elucidate the evolution, impacts, challenges, and contributions of digital microfinance initiatives towards poverty alleviation, economic empowerment, and inclusive growth among marginalized communities in India. This systematic review not only consolidates the current understanding of digital microfinance but also identifies gaps for future research, aiming to inform policy-making and enhance the effectiveness of financial inclusion strategies in the region.
Findings/Result: Based on the comprehensive literature review, the findings highlight the transformative impact of digital microfinance initiatives in India. These initiatives have significantly contributed to poverty alleviation and economic empowerment among marginalized communities by expanding access to financial services and fostering entrepreneurship. The evolution towards digital platforms has streamlined operations, reduced transaction costs, and improved credit accessibility, thereby enhancing economic opportunities and resilience. These advancements underscore the critical role of digital microfinance in promoting inclusive growth and sustainable development across India.
Originality/Value: This research enhances the existing understanding of digital microfinance initiatives by illuminating how digital platforms have expanded access to financial services. The study underscores the pivotal role of technology in promoting inclusive growth and enhancing economic resilience among marginalized communities, thereby contributing valuable insights to sustainable development efforts in emerging economies like India.
Paper Type: Conceptual Analysis.
Purpose: The study aims to examine the impact of digital microfinance programs, including digital microloans, on financial inclusion and economic empowerment in India, and to assess their contributions to poverty alleviation and enhanced livelihoods among marginalized communities.
Design/Methodology/Approach: This study employs a systematic approach to conduct a comprehensive literature review on microfinance and digital microloans in India. The methodology includes thorough searches across academic databases, institutional reports, and policy documents to compile pertinent literature. Additionally, ABCD analysis was conducted to provide detailed insights from the perspectives of both consumers and service providers. By synthesizing existing knowledge, the research aims to elucidate the evolution, impacts, challenges, and contributions of digital microfinance initiatives towards poverty alleviation, economic empowerment, and inclusive growth among marginalized communities in India. This systematic review not only consolidates the current understanding of digital microfinance but also identifies gaps for future research, aiming to inform policy-making and enhance the effectiveness of financial inclusion strategies in the region.
Findings/Result: Based on the comprehensive literature review, the findings highlight the transformative impact of digital microfinance initiatives in India. These initiatives have significantly contributed to poverty alleviation and economic empowerment among marginalized communities by expanding access to financial services and fostering entrepreneurship. The evolution towards digital platforms has streamlined operations, reduced transaction costs, and improved credit accessibility, thereby enhancing economic opportunities and resilience. These advancements underscore the critical role of digital microfinance in promoting inclusive growth and sustainable development across India.
Originality/Value: This research enhances the existing understanding of digital microfinance initiatives by illuminating how digital platforms have expanded access to financial services. The study underscores the pivotal role of technology in promoting inclusive growth and enhancing economic resilience among marginalized communities, thereby contributing valuable insights to sustainable development efforts in emerging economies like India.
Paper Type: Conceptual Analysis.
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