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Contribution of microfinance on women empowerment case study of Vision Finance company ltd Nyaruguru

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par Albert RUTAYISIRE
Protestant institute of arts and social sciences - Bachelor's degree in Business studies with education 2016
  

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Table 11: Women economically-developed change gender role and status within household and community

Statement

Number of respondents

Percentage

Strongly agree

40

62.5

Agree

21

32.8

Neutral

0

0

Disagree

3

4.7

Strongly disagree

0

0

Total

64

100

Source: Primary data

A big number of respondents 62.5% confirms that the women economically-developed change gender role and status within household and community with strongly agree , 32.8% and 4.7%, are agree and disagree respectively with the role of economic of women in household and the communities while 0% of respondent neutral and strongly disagree with the statement.

14. Microcredit provided by Vision Finance Company Ltd MFI is enough to women empowering

Table 12: Microcredit provided by Vision Finance Company Ltd MFI is enough to women empowering

Statement

Number of respondents

Percentage

Strongly agree

0

0

Agree

2

3.1

Neutral

0

0

Disagree

0

0

Strongly disagree

62

96.9

Total

64

100

Source: Primary data

According to the table above, 3.1% of respondents agree that: Microcredit provided by VFC Ltd is enough to women empowering while 96.9% of respondents strongly disagree with the statement. This means that the majority confirmed microcredit provided by Vision Finance Company Ltd is not enough in case of the women empowerment.

15. Women appreciate the short-term loan from VFC Ltd for their
empowerment purpose

Table 13: Women appreciate the short-term loan from VFC Ltd for their
empowerment purpose

Statement

Number of respondents

Percentage

Strongly agree

0

0

Agree

0

0

Neutral

0

0

Disagree

60

93.7

Strongly disagree

4

6.3

Total

64

100

Source: Primary data

According to the above table, the respondents 93.7% have been disagreed and 6.3% strong disagree the short-term loan from Vision Finance Company Ltd MFI for their empowerment. It means that time allocated to the repayment of credit is not enough according to the capacity of the started business. As the business requires more funds the loan volume provided by VFC Ltd is so small.

16. Women may be economically self-sufficiency due to microcredit without the men support

Table 14: Women may be economically self-sufficiency due to microcredit without the men support

Statement

Number of respondents

Percentage

Strongly agree

61

95.3

Agree

0

0

Neutral

0

0

Disagree

3

4.7

Strongly disagree

0

0

Total

64

100

Source: Primary data

The above table shows that respondents (95.3%) agreed that most women may be economically self-sufficiency due to microcredit without the men compared to respondents (4.7%) who did not strongly agree with the statement.

17. Socio-demographics variables such as education level, age, marital and professional status lead to success of microcredit in women empowerment

Table 15: Socio-demographics variables such as education level, age, marital and professional status lead to success of microcredit in women empowerment

Statement

Number of respondents

Percentage

Strongly agree

31

48.4

Agree

11

17.2

Neutral

0

0

Disagree

19

29.7

Strongly disagree

3

4.7

Total

64

100

Source: Primary

Data From the above data, 48.4% strongly agree and 17.2% agree that Socio-demographics variables such as education level, age, marital and professional status lead to success of microcredit in women empowerment and what little income they earn may substitute for former male household contributions as men retain more of their earnings for their own use. While4.7% and 29.7% strongly disagree and disagree with the statement respectively

18. Business held by women is competitive with others

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