The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe

Morelate Kupfuwa; Witness Muyambo; Crossman Mayavo

doi:doi:10.11648/j.sr.20231106.11

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The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe

Morelate Kupfuwa^*, Witness Muyambo, Crossman Mayavo

Published in Science Research (Volume 11, Issue 6)

Received: 18 October 2023 Accepted: 10 November 2023 Published: 21 November 2023

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Abstract

The aim of the study was to establish the impact of microfinance services on the empowerment of women in Chipinge district in Zimbabwe. Women from women groups in Chipinge were purposeful targeted as it is an upcoming region with a bit of cosmopolitan inhabitants who would be a good representative of a typical third world region and also being predominantly a patriarchal society. However, the study took the form of quantitative method to understand the relationships that exists when women are empowered considering the fact that African culture women are viewed as subordinates to men despite being an adult. An attempt was made to identify a few key indicators of women empowerment such as financial liberalization of women, conflict resolution, health status for the family and improvement of educational status for the family. A sample of ninety-four respondents, gave seventy-five usable questionnaires which were analysed. Analytical tools such as maximum likelihood factor analysis; a data mining tool was used to recover the hidden factors and the corresponding sensitivities. Prior to using MLFA. The findings revealed that there was a positive relationship between incomes earned, improved family relationship and better education for children. These findings were consistent with the literature review where it was observed that empowerment had contributed to improve social and economic well-being of the respondents.

Published in	Science Research (Volume 11, Issue 6)
DOI	10.11648/j.sr.20231106.11
Page(s)	129-135
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Impact, Access, Microfinance, Loans, Women Empowerment, Development

References

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APA Style

Kupfuwa, M., Muyambo, W., Mayavo, C. (2023). The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe. Science Research, 11(6), 129-135. https://doi.org/10.11648/j.sr.20231106.11

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ACS Style

Kupfuwa, M.; Muyambo, W.; Mayavo, C. The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe. Sci. Res. 2023, 11(6), 129-135. doi: 10.11648/j.sr.20231106.11

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AMA Style

Kupfuwa M, Muyambo W, Mayavo C. The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe. Sci Res. 2023;11(6):129-135. doi: 10.11648/j.sr.20231106.11

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@article{10.11648/j.sr.20231106.11,
  author = {Morelate Kupfuwa and Witness Muyambo and Crossman Mayavo},
  title = {The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe},
  journal = {Science Research},
  volume = {11},
  number = {6},
  pages = {129-135},
  doi = {10.11648/j.sr.20231106.11},
  url = {https://doi.org/10.11648/j.sr.20231106.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sr.20231106.11},
  abstract = {The aim of the study was to establish the impact of microfinance services on the empowerment of women in Chipinge district in Zimbabwe. Women from women groups in Chipinge were purposeful targeted as it is an upcoming region with a bit of cosmopolitan inhabitants who would be a good representative of a typical third world region and also being predominantly a patriarchal society. However, the study took the form of quantitative method to understand the relationships that exists when women are empowered considering the fact that African culture women are viewed as subordinates to men despite being an adult. An attempt was made to identify a few key indicators of women empowerment such as financial liberalization of women, conflict resolution, health status for the family and improvement of educational status for the family. A sample of ninety-four respondents, gave seventy-five usable questionnaires which were analysed. Analytical tools such as maximum likelihood factor analysis; a data mining tool was used to recover the hidden factors and the corresponding sensitivities. Prior to using MLFA. The findings revealed that there was a positive relationship between incomes earned, improved family relationship and better education for children. These findings were consistent with the literature review where it was observed that empowerment had contributed to improve social and economic well-being of the respondents.
},
 year = {2023}
}

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TY  - JOUR
T1  - The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe
AU  - Morelate Kupfuwa
AU  - Witness Muyambo
AU  - Crossman Mayavo
Y1  - 2023/11/21
PY  - 2023
N1  - https://doi.org/10.11648/j.sr.20231106.11
DO  - 10.11648/j.sr.20231106.11
T2  - Science Research
JF  - Science Research
JO  - Science Research
SP  - 129
EP  - 135
PB  - Science Publishing Group
SN  - 2329-0927
UR  - https://doi.org/10.11648/j.sr.20231106.11
AB  - The aim of the study was to establish the impact of microfinance services on the empowerment of women in Chipinge district in Zimbabwe. Women from women groups in Chipinge were purposeful targeted as it is an upcoming region with a bit of cosmopolitan inhabitants who would be a good representative of a typical third world region and also being predominantly a patriarchal society. However, the study took the form of quantitative method to understand the relationships that exists when women are empowered considering the fact that African culture women are viewed as subordinates to men despite being an adult. An attempt was made to identify a few key indicators of women empowerment such as financial liberalization of women, conflict resolution, health status for the family and improvement of educational status for the family. A sample of ninety-four respondents, gave seventy-five usable questionnaires which were analysed. Analytical tools such as maximum likelihood factor analysis; a data mining tool was used to recover the hidden factors and the corresponding sensitivities. Prior to using MLFA. The findings revealed that there was a positive relationship between incomes earned, improved family relationship and better education for children. These findings were consistent with the literature review where it was observed that empowerment had contributed to improve social and economic well-being of the respondents.

VL  - 11
IS  - 6
ER  -

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Author Information

Morelate Kupfuwa

Department of Accounting Sciences, Midlands State University, Gweru, Zimbabwe

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Witness Muyambo

Department of Accounting Sciences, Midlands State University, Gweru, Zimbabwe

Contact Email
Crossman Mayavo

Department of Accounting Sciences, Midlands State University, Gweru, Zimbabwe

Contact Email

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Plain Text BibTeX RIS

APA Style

Kupfuwa, M., Muyambo, W., Mayavo, C. (2023). The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe. Science Research, 11(6), 129-135. https://doi.org/10.11648/j.sr.20231106.11

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ACS Style

Kupfuwa, M.; Muyambo, W.; Mayavo, C. The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe. Sci. Res. 2023, 11(6), 129-135. doi: 10.11648/j.sr.20231106.11

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AMA Style

Kupfuwa M, Muyambo W, Mayavo C. The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe. Sci Res. 2023;11(6):129-135. doi: 10.11648/j.sr.20231106.11

Copy | Download

@article{10.11648/j.sr.20231106.11,
  author = {Morelate Kupfuwa and Witness Muyambo and Crossman Mayavo},
  title = {The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe},
  journal = {Science Research},
  volume = {11},
  number = {6},
  pages = {129-135},
  doi = {10.11648/j.sr.20231106.11},
  url = {https://doi.org/10.11648/j.sr.20231106.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sr.20231106.11},
  abstract = {The aim of the study was to establish the impact of microfinance services on the empowerment of women in Chipinge district in Zimbabwe. Women from women groups in Chipinge were purposeful targeted as it is an upcoming region with a bit of cosmopolitan inhabitants who would be a good representative of a typical third world region and also being predominantly a patriarchal society. However, the study took the form of quantitative method to understand the relationships that exists when women are empowered considering the fact that African culture women are viewed as subordinates to men despite being an adult. An attempt was made to identify a few key indicators of women empowerment such as financial liberalization of women, conflict resolution, health status for the family and improvement of educational status for the family. A sample of ninety-four respondents, gave seventy-five usable questionnaires which were analysed. Analytical tools such as maximum likelihood factor analysis; a data mining tool was used to recover the hidden factors and the corresponding sensitivities. Prior to using MLFA. The findings revealed that there was a positive relationship between incomes earned, improved family relationship and better education for children. These findings were consistent with the literature review where it was observed that empowerment had contributed to improve social and economic well-being of the respondents.
},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - The Impact of Access to Microfinance Business Loans on Women Empowerment: Case of Chipinge District in Zimbabwe
AU  - Morelate Kupfuwa
AU  - Witness Muyambo
AU  - Crossman Mayavo
Y1  - 2023/11/21
PY  - 2023
N1  - https://doi.org/10.11648/j.sr.20231106.11
DO  - 10.11648/j.sr.20231106.11
T2  - Science Research
JF  - Science Research
JO  - Science Research
SP  - 129
EP  - 135
PB  - Science Publishing Group
SN  - 2329-0927
UR  - https://doi.org/10.11648/j.sr.20231106.11
AB  - The aim of the study was to establish the impact of microfinance services on the empowerment of women in Chipinge district in Zimbabwe. Women from women groups in Chipinge were purposeful targeted as it is an upcoming region with a bit of cosmopolitan inhabitants who would be a good representative of a typical third world region and also being predominantly a patriarchal society. However, the study took the form of quantitative method to understand the relationships that exists when women are empowered considering the fact that African culture women are viewed as subordinates to men despite being an adult. An attempt was made to identify a few key indicators of women empowerment such as financial liberalization of women, conflict resolution, health status for the family and improvement of educational status for the family. A sample of ninety-four respondents, gave seventy-five usable questionnaires which were analysed. Analytical tools such as maximum likelihood factor analysis; a data mining tool was used to recover the hidden factors and the corresponding sensitivities. Prior to using MLFA. The findings revealed that there was a positive relationship between incomes earned, improved family relationship and better education for children. These findings were consistent with the literature review where it was observed that empowerment had contributed to improve social and economic well-being of the respondents.

VL  - 11
IS  - 6
ER  -

Copy | Download