DOI: 10.36347/sjebm.2020.v07i11.004

Pages: 400-405

Introduction: Bangladesh has been the pioneering country for microcredit. Microcredit aims that the underprivileged people would use this tiny credit in income generating activities and creates self-employment which would help them to come out of poverty. Aim of the study: The aim of the study is to find out whether microfinance has contributed to the development of the women empowerment. Methods: This study run by following qualitative and quantitative research process based on secondary data recorded from 2002 to 2012. Study data as number microcredit borrowers have been calculated from Microfinance Information Exchange (MIX) Market Database and rest of the data are collected from the World Bank, Household Income & Expenditure Survey Report and relevant literatures. Result: Microcredit increases economic empowerment of women, but the aims of microcredit providing is women empowerment and most of the microcredit borrowers are women, which is violated because the microfinance sector has created direct job opportunities for over 110,734 people, 81% of them are male and 19% are female. Conclusion: From this study we found that microcredit ensures access to finance to the poor women which increases their economic movement but the impact of microcredit for women empowerment in Bangladesh has still remained controversial. Further study needed to go on an exact result.