Exploring Tiie Challenges and Opportunities of Poor Women in Microfinance In1ervention: Tiie Case of Specialized Financial and Promotional Institution, Cllents of Chancho Branch, Oromia Sululta Woreda
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Date
2014-06
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Addis Ababa University
Abstract
The central objective of this study was to explore the challenges and opportunities of poor
women in SFPI micro finance intervention in Oromia Special Zone Surrounding Finjine, Suluita
Woreda. Accordingly, a qualitative case study approach was used to undertake the study. Hence,
purposely selectedfour key informants and twelve in-depth interviews have participated in the
study. Beside to these, two focus group discussions one in urban and the other in rural area of
Sululta Woreda was conducted. The qualitative data collectedji-om the participants were
transcribed and analyzed manually. Thefinding of the study indicated that, most of the poor
women in micro finance institution get the opportunity of accessing money, starting business,
detachment from local money lenders, enhancement in social relationship. Moreover, those poor
women who have another source of income like land, livestock, house renting and also non loan
diverters were obtained the opportunity of expanding their businesses, educating their children
in terms material support, improvement in income, expenditure and home utility, generally
improvement in social and economic condition. On the other hand, the study indicated that,
poor women in the intervention ofMFIface various challenges that are related to the
community, institution, the poor women themselves, and family. As a result, these challenges
have been influenced the achievements of the poor women in micro finance intervention. In
addition, these challenges are accompanied by various social problems like that of leaving the
area where loan has been taken, committing suicidal attempt etc Generally, these finding
indicated that, there is implication for collaboration between policy makers, social work and
microfinance practitioners and researchers to address the challenges of poor women in
micro finance service.
Keywords; Intervention, Microfinance Institution, Microfinance, Poor women, Special Financial
and promotional Institution (SFPI), Sululta Worda
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Keywords
Intervention, Microfinance Institution, Microfinance, Poor women, Special Financial and promotional Institution, (SFPI), Sululta Worda