IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v7y2023i1p860-877.html
   My bibliography  Save this article

An Analysis of Microcredit Literacy Programmes in the Transformation of the Lives of Women in Four Selected Districts of Southern Province of Zambia

Author

Listed:
  • Janet Namuchile

    (Janet Namuchile*, Daniel Ndhlovu, Noah K. Sichula The University of Zambia)

  • Daniel Ndhlovu

    (Janet Namuchile*, Daniel Ndhlovu, Noah K. Sichula The University of Zambia)

  • Noah K. Sichula

    (Janet Namuchile*, Daniel Ndhlovu, Noah K. Sichula The University of Zambia)

Abstract

The study sought to analyse the microcredit literacy programmes in the transformation of the lives of women beneficiaries in selected districts of Southern Province. The study employed the concurrent transformative research design. Quantitative and qualitative data was collected simultaneously using quantitative and qualitative data collection instruments. The total population was five hundred and thirteen (513). Purposive and snow ball sampling procedures were employed to get the sample that could provide quantitative data, a proportionate sampling technique of the ratio one to five or one fifth to draw a sample size from each stratum. Questionnaire and semi-structured interview guide were used to collect data. Descriptive statistics and thematic analysis was used to analyse data. The study found inadequate microcredit training content; insufficient training duration; teacher-centred method used in training beneficiaries; good characteristics of trainers; insufficient loan amount; loan repayment schedule not good; concentration on loan repayment; literacy just mentioned in microcredit; and poor record keeping. As a result, there was very little transformation in the lives of women in the selected districts of Southern Province. Therefore, the study recommended for re-designing of the microcredit programme by the Department of Community Development.

Suggested Citation

  • Janet Namuchile & Daniel Ndhlovu & Noah K. Sichula, 2023. "An Analysis of Microcredit Literacy Programmes in the Transformation of the Lives of Women in Four Selected Districts of Southern Province of Zambia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(1), pages 860-877, January.
    • Handle: RePEc:bcp:journl:v:7:y:2023:i:1:p:860-877
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-7-issue-1/860-877.pdf
    Download Restriction: no
    File URL: https://www.rsisinternational.org/journals/ijriss/articles/an-analysis-of-microcredit-literacy-programmes-in-the-transformation-of-the-lives-of-women-in-four-selected-districts-of-southern-province-of-zambia/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. F. Nader, Yasmine, 2008. "Microcredit and the socio-economic wellbeing of women and their families in Cairo," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 644-656, April.
    2. Mohammad Mafizur Rahman & Rasheda Khanam & Son Nghiem, 2017. "The effects of microfinance on women’s empowerment: new evidence from Bangladesh," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 44(12), pages 1745-1757, December.
    3. Bhuiyan, Muhammad Faress & Ivlevs, Artjoms, 2019. "Micro-entrepreneurship and subjective well-being: Evidence from rural Bangladesh," Journal of Business Venturing, Elsevier, vol. 34(4), pages 625-645.
    4. Salina H.J. Kassim & Mahfuzur Rahman, 2018. "Handling default risks in microfinance: the case of Bangladesh," Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 10(4), pages 363-380, October.
    5. Zeller, Manfred & Meyer, Richard L., 2002. "The triangle of microfinance: financial sustainability, outreach, and impact," Food policy statements 40, International Food Policy Research Institute (IFPRI).
    6. Teymour Abdel Aziz, 2013. "Supporting Access to Finance for Micro, Small and Medium Enterprises with Partial Credit Guarantees : The Moroccan Experience," World Bank Publications - Reports 16126, The World Bank Group.
    7. Erica Field & Rohini Pande & John Papp & Y Jeanette Park, 2012. "Repayment Flexibility Can Reduce Financial Stress: A Randomized Control Trial with Microfinance Clients in India," PLOS ONE, Public Library of Science, vol. 7(9), pages 1-7, September.
    8. Charles S. Tundui & Hawa P. Tundui, 2018. "Examining the effect of child labour in the profitability of women owned enterprises: a case of microcredit supported enterprises in Tanzania," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-16, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nurul Mohammad Zayed & Friday Ogbu Edeh & Khan Mohammad Anwarul Islam & Vitalii Nitsenko & Olena Polova & Olha Khaietska, 2022. "Utilization of Knowledge Management as Business Resilience Strategy for Microentrepreneurs in Post-COVID-19 Economy," Sustainability, MDPI, vol. 14(23), pages 1-16, November.
    2. Masselus, Lise & Petrik, Christina & Ankel-Peters, Jörg, 2024. "Lost in the Design Space? Construct Validity in the Microfinance Literature," OSF Preprints nwp8k_v1, Center for Open Science.
    3. Md. Masud Parvej & Md. Asad Iqbal Chowdhury & Md. Kazi Golam Azam & Md. Musharof Hossain & Abdullah Mohammad Ahshanul Mamun, 2020. "Role of Islamic Microfinance in Alleviating Poverty in Bangladesh: A Study on RDS of IBBL," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(4), pages 111-129, July.
    4. Daniel Bjorkegren & Joshua Blumenstock & Omowunmi Folajimi-Senjobi & Jacqueline Mauro & Suraj R. Nair, 2022. "Instant Loans Can Lift Subjective Well-Being: A Randomized Evaluation of Digital Credit in Nigeria," Papers 2202.13540, arXiv.org.
    5. Goran Calic & Moren Lévesque & Anton Shevchenko, 2024. "On why women-owned businesses take more time to secure microloans," Small Business Economics, Springer, vol. 63(3), pages 917-938, October.
    6. Xiaoyu Yu & Xiaotong Meng & Laura Stanley & Franz W. Kellermanns, 2024. "Self-employment and life satisfaction: The contingent role of formal institutions," Small Business Economics, Springer, vol. 63(1), pages 135-163, June.
    7. Ogochukwu Edith Nkamnebe & Abimbola Oluwaseun Oladipo, 2024. "Impact of Microcredit on Income and Social Status of Rural Women Microentrepreneurs in Southeast Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 3521-3532, August.
    8. Koen Rossel-Cambier, 2010. "Do Multiple Financial Services Enhance the Poverty Outreach of Microfinance Institutions?," Working Papers CEB 10-058, ULB -- Universite Libre de Bruxelles.
    9. Haiyang Shang & Fang Su & Serhat Yüksel & Hasan Dinçer, 2021. "Identifying the Strategic Priorities of the Technical Factors for the Sustainable Low Carbon Industry Based on Macroeconomic Conditions," SAGE Open, , vol. 11(2), pages 21582440211, May.
    10. Isabelle Piot-Lepetit & Joseph Nzongang, 2021. "Business analytics for managing performance of microfinance Institutions: A flexible management of the implementation process," Post-Print hal-03209188, HAL.
    11. Janvier D. Nkurunziza & Léonce Ndikumana & Prime Nyamoya, 2014. "The Financial Sector in Burundi: An Investigation of Its Efficiency in Resource Mobilization and Allocation," NBER Chapters, in: African Successes, Volume III: Modernization and Development, pages 103-156, National Bureau of Economic Research, Inc.
    12. Isabelle Piot-Lepetit & Joseph Nzongang, 2021. "Business Analytics for Managing Performance of Microfinance Institutions: A Flexible Management of the Implementation Process," Sustainability, MDPI, vol. 13(9), pages 1-22, April.
    13. Kreuz, Claudia., 2006. "Microlending in Germany," ILO Working Papers 993885023402676, International Labour Organization.
    14. Nazmul Islam, Muhammed & Rabbani, Atonu & De Allegri, Manuela & Sarker, Malabika, 2024. "Medical treatment loans and their effects on health care utilization and out-of-pocket expenditure: Evidence from an experiment in northern Bangladesh," World Development, Elsevier, vol. 184(C).
    15. Namizata Binaté Fofana & Johan A. C. van Ophem & Anke Niehof & Gerrit Antonides, 2014. "Effects of HIV/AIDS and Microfinance of Women on Income, Medical Expenditures and Schooling in Côte d'Ivoire," African Development Review, African Development Bank, vol. 26(2), pages 322-332, June.
    16. Aneel Karnani, 2006. "Mirage at the Bottom of the Pyramid," William Davidson Institute Working Papers Series wp835, William Davidson Institute at the University of Michigan.
    17. Weber, Olaf & Ahmad, Adnan, 2014. "Empowerment Through Microfinance: The Relation Between Loan Cycle and Level of Empowerment," World Development, Elsevier, vol. 62(C), pages 75-87.
    18. Abhijit Banerjee & Emily Breza & Arun G Chandrasekhar & Esther Duflo & Matthew O Jackson & Cynthia Kinnan, 2024. "Changes in Social Network Structure in Response to Exposure to Formal Credit Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(3), pages 1331-1372.
    19. Finnemore, G.R.L. & Darroch, Mark A.G. & Lyne, Michael C., 2004. "Loan products to manage liquidity stress when broad-based black empowerment enterprises invest in productive assets," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 43(4), pages 1-22, December.
    20. Danquah, Michael & Iddrisu, Abdul Malik & Boakye, Ernest Owusu & Owusu, Solomon, 2021. "Do gender wage differences within households influence women's empowerment and welfare? Evidence from Ghana," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 916-932.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:7:y:2023:i:1:p:860-877. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.