Contribution of microfinance on women empowerment case study of Vision Finance company ltd Nyaruguru
par Albert RUTAYISIRE
Protestant institute of arts and social sciences - Bachelor's degree in Business studies with education 2016
Source: Primary data.
The table above shows that all respondents agreed that they have been empowered after getting loan from VFC Ltd. They got credits for caring to their small businesses and increase the level of decision making within household and their community, after meeting the basic needs, some amount is left and use it as savings.
10. After receiving the loan from VFC their income and saving culture have been increased
Source: Primary data.
The table above shows that all respondents agreed that after receiving the loan from VFC their income and saving culture have been increased. It confirm that VFC Ltd contributes to the improvement of living conditions of its clients because it provides credits to them for caring in their small businesses and through that, they pay school fees for their child and after meeting the basic needs, some amount gained within the business used as savings and the regular payment trained them to save in order to meet payment deadline.
11. Are your management skills have been increased after acquiring the loan from VFC Ltd and carrying out your business?
Table 9: Management skills have been increased after acquiring the loan from VFC Ltd and carrying out their business
The table above shows that all respondents agreed that their management skills have been increased after acquiring the loan from VFC Ltd and carrying out their business. It confirm that VFC Ltd contributes to the improvement of business management conditions of its clients because before getting loans they are trained on how to manage micro project and warned to use the acquired fund for what was requested for, that raise up the level of management skills of their business.
To the results below, for each question, respondents had to choose their position regarding the statement, and depending on the following elements: strongly agree, agree, neutral, disagree and strongly disagree.
12. Women use savings and credit in economic activity for their empowerment
Source: Primary data
From the tables above, most of respondents (56.3%) agreed with the statement that women use saving and credit for economic activity, It should also be noted that 40.6% strongly agree with the statement. This means that 96.9% agree with the statement at certain level. The neutral receives 3.1% of respondents. This may result from low knowledge or lack of information on existence of schemes that help women in promoting their economic activities.
13. Women economically-developed change gender role and status within household and community
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