Strategies for Empowering Women and Gender Equality through Micro Finance in Pakistan

Abstract

This paper is a critical assessment of role of Micro Financing in providing empowerment and equality to women in Pakistan. Secondary data was used for getting information from documented materials for the paper. It was founded that the loans accessible by MFIs have major effect on the empowerment of women. All over the world women labour force are contributing in economic development and sustainable source of revenue of their household and social community. This study found that after receiving loans, women experienced increased in their household income level so their economic, political, social and household wellbeing has also improved. There is great need of those programs which specifically intended for financial sustainability of women. So Microfinance organizations should increase their support to provide resource to poor women.