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The impact of microfinance on women empowerment in the egyptian society
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This paper demonstrates results from a sample of 1168 randomly picked women from one of the leading microfinance institutions in Egypt: Tasaheel. This study tests whether microfinance helped women empowerment through increasing their income levels. The results show that loans increase women’s income on average. The sample shows that microfinance’s impact is unequal, helping the poor increase their revenue more. Socio-economic conditions affect the extent to which women benefit from the loans through their effect on the cost of debt. The cost of debt has a negative impact on the change in income.
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Microfinance Microcredit Egypt Women empowerment