The Role of Saving and Credit Co-0peratives in Rural Women Empowerment in Dang, Nepal

Bhup KC, Anita KC

Abstract


Access and control over financial resources is necessary for long-term sustainability of women’s empowerment and their economic progress. This study investigates the role of savings and credit co-operative (SCC) in rural women empowerment in Dang, Nepal. Fifty members of Sirjana Women Saving and Credit Co-operative (SWSCC), Dang, Nepal were considered for the study. The results show that the members of the SWSCC have benefited from SCC with improved savings and access to credit/loans. The members have increased capital investment and started small scale businesses, which contributed to reducing their poverty levels. Only 20% of the households had annual income of more than NRs 100 thousand before joining the cooperative but this number increased to 54% after joining the cooperative. In addition, SWSCC was observed to be providing adult literacy classes to its members resulting in literate adults which helped in empowering the women. In addition, instances that women made decisions on health check-ups of the family members and participation on social meetings increased. The positive outcomes of the study suggest that the Nepalese women should increase their savings and eventually ensure their socio-economic empowerment as well as contribute to the economic development of rural areas in Nepal.

Keywords


Microcredit, Women Empowerment, Saving and Credit Co-operatives

Full Text:

PDF

References


Acharya, B. M. (2015). Co-operative statistics report. Government of Nepal, Ministry of Co-operatives and Poverty Alleviation Department, Kathmandu, Nepal.

Chapagain, P. (2015). Impact of saving and credit cooperative on rural women (Master's thesis). Faculty of Humanities & Social Sciences, Department of Rural Development, Saptagandaki Multiple Campus, Bharatpur Chitwan, Nepal.

Datta, P. B., & Gailey, R. (2012). Empowering women through social entrepreneurship: Case study of a women's cooperative in India. Entrepreneurship Theory and Practice, 36(3), 569-587.

Deji, O. (2005). Membership of co-operative societies and adoption behavior of women farmers: Implication for rural development. Journal of Social Sciences, 10(2), 145-147.

Ghimire, S., Rigatti, T. & Sexton, N. (2017). Effect of credit cooperatives in employment generation: Evidence from rural Nepal. Journal of Development Innovations, 1(1), 29-44.

International Co-operative Alliance. (2015). Guidance notes to the co-operative principles. International Co-operative Alliance, Brussels, Belgium, Retrived from https://www.aciamericas.coop/IMG/pdf/guidance_notes_en.pdf.

KC, B. B. (2012). Role of saving and credit co–operative in rural women empowerment: A case study of Dang district (Master's thesis). Tribhuvan University Nepal Central Department of Economics, Faculty of Humanities and Social Sciences, Kathmandu, Nepal.

Moser, C. O. (2012). Gender planning and development: Theory, practice and training. Routledge, London and New York

Mudaliar, A., & Mathur, A. (2015). Women empowerment through microfinance. International Journal of Arts, Humanities and Management Studies, 1(2), 58-65.

Regmi, P. P. (2015). Co-operative statistics report. Government of Nepal, Ministry of Co-operatives and Poverty Alleviation Department, Kathmandu, Nepal.

Sebhatu, K. T., & Mekelle, E. (2015). Determinants of women empowerment in cooperative societies: A survey in south eastern zone Tigray Region of Ethiopia. Journal of Economics and Sustainable Development, 6(3), 18-25.

Shanko, T. (2016). The role of cooperatives in empowering the rural women: The case of Shusha Rural Saving and Credit Cooperative Union, GenaBossa, SNNPR, Ethiopia. (Master's thesis). Indira Gandhi National Open University (IGNOU), St. Mary's University, Addis Ababa Ethiopia.

Shekilango, S. M. (2012). Microcredit and empowerment of rural women experience from Mbeya Region Tanzania (Master's thesis). Master of International Development and Management, Lund University, Lund, Tanzania.

White, S. C. (1996). Depoliticising development: The uses and abuses of participation. Development in Practice, 6(1), 6-15.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2018 Bhup Bahadur K. C., Anita Khadka, K. C

Journal of Development Innovations

ISSN 2371-9540

Copyright © KarmaQuest International