Interest-Free Microfinance Arrangements and Its Impact on the Livelihood of Women in India

2021 ◽  
Vol 6 (2) ◽  
pp. 98-107
Author(s):  
Faizan Khan Sherwani ◽  
Sanaa Zafar Shaikh ◽  
Zoya Zafar Shaikh
Keyword(s):  
Financial Literacy ◽  
Poverty Alleviation ◽  
Well Being ◽  
Jel Classification ◽  
Literacy Skills ◽  
Women Empowerment ◽  
Education Development ◽  
Women's Earnings ◽  
The Impact ◽  
Women In India

Objective –The purpose of this study is to examine the impact of interest-free microfinance arrangements on the livelihood of women in India. Studies reveal that the existence of interest-free microfinance, as well as its outcome on the livelihood of weaker sections of society (particularly women), overall improved their well-being. Methodology –Exploratory and cross-section analysis is used to understand the satisfaction level among non- conventional microfinance arrangements. Survey of non-conventional microfinance beneficiaries exposes the status of women’s’ earnings, financial literacy, skills development, employment generation, household savings and poverty alleviation. Findings–Interest-free microfinance products like Zakat, Sadaqah, and KarzeHasna will successfully meet micro- financing core objectives of poverty alleviation, women empowerment, gender equality, prosperity, and employment. The analysis showed that the performance of interest-free microfinance consumers is better than conventional microfinance consumers. Novelty –This study is an original which is based on the demographic, sociocultural and regulatory framework of interest-free micro finance systems to identify the acceptability in the Indian financial system. The discussions in the study are mainly concerned with the empirical review of the impact and effect of interest-free microfinance on the lifestyle of female microfinance users after obtaining a loan i.e., their income, expenditure, saving, entrepreneurship, consumption, and women participation in earning income in India. Type of Paper: Empirical JEL Classification: G20, G21. Keywords: Entrepreneurship; Livelihood; Education Development; Living Standards; Women Empowerment

Interest-Free Microfinance Arrangements and Its Impact on the Livelihood of Women in India

2021 ◽  
Vol 12 (1) ◽  
pp. 48-48
Author(s):  
Dr Faizan Khan Sherwani ◽  
Sanna Zafar Shaikh ◽  
Zoya Zafar Shaikh
Keyword(s):  
Poverty Alleviation ◽  
Well Being ◽  
Study Data ◽  
Living Standards ◽  
Women Empowerment ◽  
Education Development ◽  
Women's Participation ◽  
The Impact ◽  
Women In India ◽  
Better Than

This study is based on the impact of interest-free microfinance arrangements on the livelihood of women in India. Studies revealed the existence of interest-free microfinance, as well as its outcome on the livelihood of weaker sections of society (particularly women), improved their well-being. Moreover, the interest-free microfinance model can also offer an alternative paradigm for millions of poor individuals who are currently not accommodated by conventional microfinancing. However, the association to Interest Free Micro Financing may be due to religious constraints, easy documentation & procedure, and low rates of processing fees, or any other motive. Interest-free microfinance products like Zakat, Sadaqah, and Karze Hasna will successfully meet micro financing core objectives of poverty alleviation, women empowerment, gender equality, prosperity, and employment. Interest-free microfinance agencies are working as unorganized institutions and not availing any support from the State. In this study, data was drawn from interest-free microfinance users in the areas of 20 districts in 5 states in India, namely UP, Bihar, Maharashtra, Karnataka, and Kerala. The discussions in the study are mainly concerned with the empirical review of the impacts and influences of interest-free microfinance on the lifestyle of microfinance users before a loan and after a taken loan i.e., their income, expenditure, saving, entrepreneurship, consumption, and women's participation in earning income in India. The analysis showed that the performance of interest-free microfinance consumers is better than conventional microfinance consumers. Keywords: Entrepreneurship, Livelihood, Education Development, Living Standards, Women Empowerment

Health Information Systems and Their Usefulness Among the Women Folk of Kanyakumari District, India

2018 ◽  
pp. 36-49
Author(s):  
R. Gnanabai
Keyword(s):  
Health Information ◽  
Information Needs ◽  
Health Information System ◽  
Well Being ◽  
Individual Growth ◽  
Growth And Survival ◽  
The Family ◽  
The Status ◽  
The Impact ◽  
Women In India

This chapter describes how health is the most precious component for the happiness and all-round development of human being in the society. Alongside this, information is an important resource for individual growth and survival. Therefore, a Health Information System (HIS) is a system for collecting/processing of data from various sources, and using the information for policy-making and management of health services. This chapter discusses health literacy and its association with health information needs and health information literacy, the status of women in India and their influence in the well-being of the family, and the impact of HIS. This chapter also proves that with enough data obtained from the women of Kanyakumari District in India, the government's policy needs to be directed towards women for the success of its health-care programmes.

Conflict Segments of Women Employees of IT Sector in India

2012 ◽  
Vol 3 (1) ◽  
pp. 42-53 ◽  
Author(s):  
Aiswarya Balachandar ◽  
Ramasundaram Gurusamy
Keyword(s):  
Family Conflict ◽  
Well Being ◽  
Work Family Conflict ◽  
Moderating Variables ◽  
Women Employees ◽  
The Family ◽  
Work Family ◽  
The Impact ◽  
The Relationship ◽  
Women In India

The growth rate for women entering the workforce is expected to be greater than for men. Therefore it is possible that the financial well-being of the family may no longer fall to the male, it may be shared between the two partners or may be the sole responsibility of a single parent. These trends potentially increase the chance that work could interfere with family (WIF) or that family could interfere with work (FIW).The study is conducted to test the Impact of Organizational Commitment, Job Autonomy, Job Involvement and Climate as moderating variables on Work Family Conflict of Employed women in India. The sample size of 598 is identified and with the application of statistical tools the relationship among the said variables are estimated and its role on the Work family conflict is studied quantitatively.

Economic Abuse Within Intimate Partner Violence: A Review of the Literature

2018 ◽  
Vol 33 (1) ◽  
pp. 3-22 ◽  
Author(s):  
Amanda M. Stylianou
Keyword(s):  
Financial Literacy ◽  
Partner Violence ◽  
Parenting Practices ◽  
Well Being ◽  
Intimate Partner ◽  
Central Component ◽  
Economic Abuse ◽  
Youth Outcomes ◽  
Current Assessment ◽  
The Impact

This article reviews the literature on the measurement of, impact of, and interventions for economic abuse within intimate partner relationships. Current assessment measures for economic abuse, along with estimates of the prevalence of economic abuse, are reviewed and critiqued. Research exploring the impact of economic abuse on the victim’s mental health and psychological well-being, family formations and parenting practices, and children’s behaviors and youth outcomes are presented. Recently developed interventions, including financial literacy program models, are discussed and emphasized as a critical service to increase victims’ economic self-efficacy, financial literacy, and financial behaviors. Finally, the review provides detailed recommendations on incorporating economic abuse as a central component of domestic violence research, practice, and policies.

scholarly journals The Impact of the Financial Wellbeing of the Elderly of Kazakhstan on Their Family Life

2021 ◽  
Vol 16 (3) ◽  
pp. 152-166
Author(s):  
Z. T. Satpayeva ◽  
A. S. Bekbossinova ◽  
M. M. Ryskulova
Keyword(s):  
Family Relationships ◽  
Financial Literacy ◽  
Pension System ◽  
Family Relations ◽  
Secondary Data ◽  
Well Being ◽  
The Elderly ◽  
Primary Data ◽  
The Family ◽  
The Impact

Today, many countries in the world are concerned about the well-being of pensioners, as their number is growing every year and pension systems cannot cope with ensuring a decent old age. The well-being of pensioners is part of the well-being of society, and the pension system is an institution for ensuring the well-being of pensioners. Therefore, it is important to understand the relationship between the financial well-being of older people and the country’s pension system. It is also important to understand that the family is an integral part of a person and therefore the well-being of each family member affects family relationships. This article is devoted to the assessment of the financial well-being of pensioners in Kazakhstan as a key factor affecting the family relations of a pensioner with partner, children, and grandchildren. Primary and secondary data were used for this study. The primary data were collected through interviews, which allowed us to obtain a subjective definition of financial well-being on the part of pensioners and its impact on family relations. This data was processed and encoded using the Atlas.ti program. Data from the Bureau of National Statistics made it possible to objectively assess the financial situation of Kazakhstani pensioners. The study found that the concept of financial well-being among Kazakhstani pensioners is more important for men than for women. Pensioners are not happy with their financial well-being, but this does not significantly affect their relationship with their families. The results of the study will allow us to assess the financial well-being of pensioners and can be used in the reform of social policy, pension provision of the country. Through the use of interviews financial literacy has been identified as one of the key factors, which depends on circumstances and the context.

scholarly journals Does Government Quality Spending can reduce Poverty? A Case in East Java Province

2017 ◽  
Vol 5 (1) ◽  
pp. 53-58
Author(s):  
Candra Fajri Ananda ◽  
Moh. Khusaini ◽  
Atu Bagus Wiguna
Keyword(s):  
Local Government ◽  
Government Spending ◽  
Poverty Alleviation ◽  
Negative Impact ◽  
Poverty Rate ◽  
Jel Classification ◽  
Fiscal Year ◽  
Panel Regression ◽  
Education And Health ◽  
The Impact

Objective - The poverty issue in East Java Province is an interesting research object. This phenomenon has retrieved in every fiscal year, although the intergovernmental transfer funds increase significantly annually. In the decentralization era, a region has been authorized to identify its problem and provide solutions based on their initiatives and preferences. The local government through their budget should focus on their problem solving, i.e. poverty alleviation. Utilizing panel regression, we found that government spending on education and health can reduce poverty rate. Methodology/Technique - OLS (Ordinary Least Squared) modelwas utilized to answer the objective of the study, that is, to see how the effect of government spending in various sectorson poverty alleviation. Findings - Using the panel regression model, this study found that government spending on education has a negative impact on poverty rate in the East Java Province. The impact on this variable appears to be statistically significant. Novelty - This study showed that central and local government should synchronize their proposed programs, reducing overlapped programs, to pursue a higher efficiency of budget management. Type of Paper - Empirical/Review Keywords: Quality Spending, Budget Deficit/Surplus, Poverty Alleviation. JEL Classification: H72, I31, I32.

scholarly journals Economic Abuse: A Literature Review of a Salient yet Overlooked Form of Intimate Partner Violence

2021 ◽  
Vol 14 (2) ◽  
pp. 82-91
Author(s):  
Christa Haifley
Keyword(s):  
Intimate Partner Violence ◽  
Literature Review ◽  
Financial Literacy ◽  
Partner Violence ◽  
Self Efficacy ◽  
White Collar Crime ◽  
Well Being ◽  
Intimate Partner ◽  
Economic Abuse ◽  
The Impact

Economic abuse is another form of intimate partner violence (IPV) used by batterers to maintain power and control over their partners which often goes unreported, unrealized, and under-supported by IPV survivor advocates. Economic abuse is misunderstood as an IPV and is often incorrectly considered a financial crime, financial fraud, or white-collar crime. Economic abuse impacts the victim’s short and long-term physical and mental well-being in efforts to achieve economic wellness for basic living conditions as well as job placement and professional development opportunities. Healthy minds fuel healthy bodies and economic self-efficacy contributes to both mental and physical health. The awareness and impact of economic abuse is grossly understudied, lacking empirical evidence on victims and survivors of economic self-sufficiency during and at the conclusion of an abusive relationship. The current research has primarily collected and reported data on heterosexual women, leaving a gap in the research regarding the impact of economic abuse in LGBTQ+ relationships. This paper serves as a literature review into current economic abuse research by discussing three constructs: economic control, economic exploitation, and employment sabotage as well as possible solutions for educational opportunities and financial self-efficacy. Further research is needed to raise awareness and provide financial literacy to IPV survivors in all gender communities.

scholarly journals The Impact of COVID 19 Biological Emergencies on Child Education in East Delhi, India

2020 ◽  
pp. 429-441
Author(s):  
Anjali Diwakar
Keyword(s):  
Policy Development ◽  
Treatment Guidelines ◽  
School Attendance ◽  
Well Being ◽  
Quality Education ◽  
Viral Diseases ◽  
Education Development ◽  
Qualified Personnel ◽  
Access To Food ◽  
The Impact

<p>The increase in viral diseases intensity and frequency poses a threat to community infrastructure and affects the total well-being of children in regard to: access to food, health, school attendance, access to clean water and sanitation, physical and social security. Using both qualitative and quantitative data, this article provided an overview of biological disasters and their potential effects on children’s access to quality education in East Delhi. The purpose of the study was to analyse school children’s specific vulnerabilities to biological disasters that need to be taken into account in policy development. Research indicated that viral diseases cause loss of learning hours, loss of qualified personnel, outbreak of airborne diseases, high absenteeism and low syllabus coverage leading to children’s poor academic performance. Children noted a range of experiences, from food insecurity to being withdrawn from school and sometimes forced into early marriages. These challenges compromise children’s rights and access to quality education. This article therefore recommended that a culture of safety be promoted through disaster education, development of good medical facilities and enforcement of medical treatment guidelines. Findings also supported the need for adaptation strategies to ensure that the risks specific to school children are addressed.</p>

scholarly journals Performance implications of financial capital availability on the financial literacy – performance nexus in South Africa

2016 ◽  
Vol 13 (2) ◽  
pp. 354-362 ◽  
Author(s):  
Neneh Brownhilder Ngek
Keyword(s):  
South Africa ◽  
Financial Literacy ◽  
Small And Medium Enterprises ◽  
Literacy Skills ◽  
Financial Capital ◽  
Financial Decisions ◽  
Literacy Performance ◽  
Entrepreneurial Activities ◽  
Medium Enterprises ◽  
The Impact

The need for making optimal financial decisions is very important in small and medium enterprises (SMEs) especially as most SMEs are always financially constrained. Consequently, there has been an increasing interest from researchers to determine how well financial literacy skills can enable entrepreneurs to make decisions that result in optimal financial outcomes and possible enhance the performance and growth of their businesses. This study had as objectives to find out the impact of financial literacy on firm performance, as well as to examine the moderating effect of financial capital availability on the financial literacy – performance relationship, amongst SME in the Free State province of South Africa. The results showed that on average SME have low levels of financial literacy and financial capital availability. It was also observed that financial literacy positively influenced SME performance, and that the relationship is positively moderated by financial capital availability. It is, therefore, necessary for SME owners to develop financial literacy skills as an essential part of entrepreneurial activities. Likewise, since businesses rely on financial capital to invest, develop and grow, policy makers should put in place measures on how to bridge the access to finance gap, and, thus, ensure that entrepreneurs are relieved from financing constraints

scholarly journals The impact of flood disasters on child education in Muzarabani District, Zimbabwe

2014 ◽  
Vol 6 (1) ◽  
Author(s):  
Chipo Mudavanhu
Keyword(s):  
Policy Development ◽  
School Attendance ◽  
Well Being ◽  
Quality Education ◽  
Waterborne Diseases ◽  
Education Development ◽  
Qualified Personnel ◽  
Flood Disasters ◽  
Flood Intensity ◽  
The Impact

The increase in flood intensity and frequency poses a threat to community infrastructure and affects the total well-being of children in regard to: access to food, health, school attendance, access to clean water and sanitation, physical and social security. Using both qualitative and quantitative data, this article provided an overview of flood disasters and their potential effects on children’s access to quality education in Zimbabwe. The purpose of the study was to analyse school children’s specific vulnerabilities to flood disasters that need to be taken into account in policy development. Research indicated that floods cause loss of learning hours, loss of qualified personnel, outbreak of waterborne diseases, high absenteeism and low syllabus coverage leading to children’s poor academic performance. Children noted a range of experiences, from food insecurity to being withdrawn from school and sometimes forced into early marriages. These challenges compromise children’s rights and access to quality education. This article therefore recommended that a culture of safety be promoted through disaster education, development of good road networks and enforcement of building codes during construction of school infrastructure. Findings also supported the need for adaptation strategies to ensure that the risks specific to school children are addressed.

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