TIME SPAN AND CRITERIA FOR WOMEN ECONOMIC EMPOWERMENT APPLICABLE FOR TURKISH GRAMEEN MICROCREDIT PROJECT

Abstract

Turkish Grameen Micro Credit Project (TGMP) is quite new in Turkey which started from 2003, works as a part of Grameen Bank Bangladesh replication program. Through this female based micro credit services women can be self sufficient, empowered and raise their family's socio economic condition at the same time. As a whole TGMP is a big scope for the poorest part in the society to gain economic empowerment. This paper analyzes the relationship and association of loans in form of amount and number with membership time period for the achievement of economic empowerment and graduation of a member. An analysis is made on the basis of a regression model where economic graduaiton and empowerment of a member is quantified interms of time after which they cease to take the loans even still be the members of TGMP. Using some poverty free indicators declared by TGMP, this study also examines how the members can achieve socio-economic empowerment gradually.

Keywords

• Micro credit, TGMP, Economic Empowerment.

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