International Academic Journal of Accounting and Financial Management

  • ISSN 2454-2350

The Role of Microfinance for Empowerment of Poor Women in light of the current crisis in Yemen

Mohammed Mostafa Mohammed Qaied and Kundan Basavaraj

Abstract: The aim of this study is to identify the challenges facing the empowerment of poor women in light of the current crisis in Yemen. The study based on the secondary data collected from the Social Fund for Development, Yemen Microfinance Network, websites, official reports and other sources related to the research study. Our study covered the period from 1997 to 2018 and the area of study in Yemen. The results of the study showed that there are several factors affecting the empowerment of poor women in light of the current crisis through microfinance such as customs and traditions, high-interest rate, financial literacy, wrong religious perceptions, demanded collaterals, lack of security, etc

Keywords: Microfinance, Women, Empowerment, Yemen

Page: 23-31

DOI: 10.9756/IAJAFM/V6I1/1910003

Volume 6, Issue 1, 2019