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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 16: Business held by women is competitive with others

Statement

Number of respondents

Percentage

Strongly agree

51

79.7

Agree

0

0

Neutral

3

4.7

Disagree

10

15.6

Strongly disagree

0

0

Total

64

100

Source: Primary data

The table shows that 79.7% of respondents confirmed that Business held by women is competitive with others and reproductive tasks, 15.6% disagreed with the statement while 4.7% of respondents did not comment about the subject.

19. Microcredit offered to women improves the family standing

Table 17: Microcredit offered to women improves the family standing

Statement

Number of respondents

Percentage

Strongly agree

18

37.5

Agree

40

62.5

Neutral

0

0

Disagree

0

0

Strongly disagree

0

0

Total

64

100

Source: Primary data

From the above table, most of respondents (37.5%) were strongly agreed, and 62.5% agreed that the microcredit offered to women improves the family standing, that implies that income generated by women improves family's life.

20. Women empowerment involves the family and community development

Table 18: Women empowerment involves the family and community development

Statement

Number of respondents

Percentage

Strongly agree

64

100

Agree

0

0

Neutral

0

0

Disagree

0

0

Strongly disagree

0

0

Total

64

100

Source: Primary data

100% 0f the women asked strongly agreed to Women empowerment involves the family and community development have highest the important in the family promotion.

21. Family economy may be based on the women empowerment due to Savings and credit through microfinance

Table 19: Family economy may be based on the women empowerment due to Savings and credit through microfinance

Statement

Number of respondents

Percentage

Strongly agree

55

85.9

Agree

3

4.7

Neutral

0

0

Disagree

4

6.3

Strongly disagree

2

3.1

Total

64

100

Source: Primary data

The study shows that 85.9% of the women respondents were particularly proud of the financial contribution of the loan received to their empowerment especially in their family and 4.7% of respondents agreed with the same. However, 6.3% and 3.1% disagreed and strongly disagreed with the statement respectively.

4.4. DISCUSSION OF RESULTS

The researcher expressed his interest to conduct microfinance impact assessment among VFC Ltd women clients and their path to economic development. It has been recognized that VFC Ltd is doing an outstanding work to ensure transformation of lives of poor Rwandan especially women who have been covering behind economically due to political, social and cultural barriers.

However, Rwandan academicians and the public alike do have limited knowledge about intervention that VFC Ltd has been providing to bring economic independent, pride, and confidence and build power in decision making to the women clients.

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