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Effect of Microfinance on Women’s Empowerment: A Review of the Literature.

Abstract

 

This paper reviews the literature on the effect of microfinance on women’s empowerment. The inclusion of women empowerment among other things in the UN’s Millennium Development Goals evidently demonstrates the importance of women empowerment in economic development. As a consequence, several empirical studies have been undertaken to ascertain if any relationship exists between developmental tools such as microfinance and empowerment of women.

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