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Microfinance, Financial Literacy, and Household Power Configuration in Rural Bangladesh: An Empirical Study on Some Credit Borrowers

Faraha Nawaz · 2015 · VOLUNTAS International Journal of Voluntary and Nonprofit Organizations

Summary. Microfinance alone does not empower rural women in Bangladesh; financial literacy is essential. The study examined women borrowers' perceptions of economic and socio-cultural changes in their households. Microfinance combined with financial literacy improved women's economic position and household power dynamics. Financial literacy proved more critical than credit access for meaningful empowerment, suggesting future microfinance programs should prioritize education alongside lending.

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Nawaz, F.. (2015). Microfinance, Financial Literacy, and Household Power Configuration in Rural Bangladesh: An Empirical Study on Some Credit Borrowers. VOLUNTAS International Journal of Voluntary and Nonprofit Organizations. https://doi.org/10.1007/s11266-015-9585-z

Details

DOI
10.1007/s11266-015-9585-z
Countries
Bangladesh
Regions
Asia
Categories
funding, entrepreneurship
Added
2026-04-28