Microfinance: A Gender Equality Tool in the Context of Vietnam (Part of the book series: Contributions to Economics)

The empirical outcomes highlight that microfinance tools have enabled women borrowers to have access to the needed financial resources. Access to financial resources has enabled women to exercise some level of control over their own income and savings, but women are still heavily reliant on males du...

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Detalles Bibliográficos
Autor Principal: Long Bui-Thanh
Outros autores: Lucía Morales; Bernadette Andreosso-O’Callaghan
Idioma:eng
Publicado: Springer Cham - https://doi.org/10.1007/978-3-030-94679-1_8 2024
Acceso en liña:https://opac.tvu.edu.vn/pages/opac/wpid-detailbib-id-46163.html
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Tóm tắt:The empirical outcomes highlight that microfinance tools have enabled women borrowers to have access to the needed financial resources. Access to financial resources has enabled women to exercise some level of control over their own income and savings, but women are still heavily reliant on males due to their historical culturally dominant role. This is a small but very important achievement in a society that is dominated by its patriarchal system, and where microfinance has contributed to facilitating women’s access to financial resources that are mainly used to look after their children, family needs, and in some cases for their own use. The study identifies the role of women’s unions as being crucial to help in bridging loans between microfinance providers and their members while promoting and supporting the development of economic independence and social recognition for Vietnamese women.