Women Empowerment Through Financial Independence (A Case Study Of Rural Areas Of Sindh)

Authors

  • Mr Aqil Shakoor Pakistan Institute of Rehabilitation and Medical Sciences
  • Muhammad Asad Department of Business Administration, Iqra University
  • Dr Shabib ul Hassan Vice-Chancellor Hamdard University, Karachi

DOI:

https://doi.org/10.46568/pjass.v12i2.550

Keywords:

Women Empowerment, Microfinance, Financial Independence, Gender Discrimination, Financial Literacy, Economic Opportunities

Abstract

Pakistan is second lowest in the world and ranks 148 of 149 nations for gender equality. It is ranked 146th among economic involvement and opportunity and 97th among legislators. Furthermore, the possible effect on financial literacy of gender disparities in rural Pakistan is widespread. The women living in the rural areas of Sindh have low financial literacy, lack of access to formal financial institution, socio-cultural barrier, lack of funds & awareness, and inadequate access to loans. The study focuses on the demonstration of concept of empowerment of women in rural Sindh through financial independence and the positive impact of microfinance on women's empowerment. Primarily the study illustrated the statement of issues, the research goals and the research questions. In this study, researchers focus on women's empowerment, the current financial independence and the impact of microfinance on empowerment of women. The study explains results on the empowerment of women through financial independence in rural areas, with the objective of optimizing their consequences and causes as well as political responses. This will provide a point of departure to gather additional information and to identify areas for further study and thereby pave the way for future research. A wide range of empirical literature illustrates the discrimination of gender in rural Pakistan and the disadvantages of women to financial freedom. With this in mind, it is promising and worth exploring further the ways women can be motivated by financial independence. The study is qualitative and based on data collected from secondary source.

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Published

2021-09-07

How to Cite

Shakoor, A., Asad, M., & Hassan, S. (2021). Women Empowerment Through Financial Independence (A Case Study Of Rural Areas Of Sindh). Pakistan Journal of Applied Social Sciences, 12(2), 1–12. https://doi.org/10.46568/pjass.v12i2.550

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