The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District.

The purpose of this research was to assess the role played by Fushai women-owned micro finance groups in reducing poverty in Bikita ward twenty. The objectives of the research were to examin the extent to which women owned micro finance groups have facilitated the reduction of poverty in rural areas...

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Main Author: Pomerai, Matilda
Language:English
Published: Midlands State University 2017
Subjects:
Online Access:http://hdl.handle.net/11408/2337
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author Pomerai, Matilda
author_facet Pomerai, Matilda
author_sort Pomerai, Matilda
collection DSpace
description The purpose of this research was to assess the role played by Fushai women-owned micro finance groups in reducing poverty in Bikita ward twenty. The objectives of the research were to examin the extent to which women owned micro finance groups have facilitated the reduction of poverty in rural areas, to examine models of rural micro finance and how they are run and to identify the challenges encounted by micro finance institutions, clients and staff in providing and accessing rural micro finance. Women have built better houses which they could not afford before joining Fushai. Most of the members also use the proceeds from the micro finance project to send their children to school and buy food for the family. Very few women have managed to start income generating projects with the proceeds from Fushai. However the results revealed that internal conflicts can lead to the group being destroyed. The micro finance group activities are time consuming and laborious therefore there is need for group members committed and be cooperative. Member share interests as profits and contributions return to the bank for continued borrowing.
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spelling ir-11408-23372022-06-27T13:49:05Z The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District. Pomerai, Matilda Poverty reduction Micro financing Rural development The purpose of this research was to assess the role played by Fushai women-owned micro finance groups in reducing poverty in Bikita ward twenty. The objectives of the research were to examin the extent to which women owned micro finance groups have facilitated the reduction of poverty in rural areas, to examine models of rural micro finance and how they are run and to identify the challenges encounted by micro finance institutions, clients and staff in providing and accessing rural micro finance. Women have built better houses which they could not afford before joining Fushai. Most of the members also use the proceeds from the micro finance project to send their children to school and buy food for the family. Very few women have managed to start income generating projects with the proceeds from Fushai. However the results revealed that internal conflicts can lead to the group being destroyed. The micro finance group activities are time consuming and laborious therefore there is need for group members committed and be cooperative. Member share interests as profits and contributions return to the bank for continued borrowing. 2017-06-29T13:53:03Z 2017-06-29T13:53:03Z 2014-05 http://hdl.handle.net/11408/2337 en open Midlands State University
spellingShingle Poverty reduction
Micro financing
Rural development
Pomerai, Matilda
The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District.
title The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District.
title_full The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District.
title_fullStr The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District.
title_full_unstemmed The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District.
title_short The impact of women-owned micro finance groups in reducing rural poverty in Masvingo: a case of ward 20 in Bikita District.
title_sort impact of women-owned micro finance groups in reducing rural poverty in masvingo: a case of ward 20 in bikita district.
topic Poverty reduction
Micro financing
Rural development
url http://hdl.handle.net/11408/2337
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