Empowering women through microcredit in Djibouti
Langue
EN
Article de revue
Ce document a été publié dans
Review of Development Economics. 2024-02-07
Résumé en anglais
In this study, we construct original measures ofwomen's empowerment in economic, social, and inter-personal dimensions to estimate the effect ofmicrocredit on women's empowerment in Djibouti.Using survey data ...Lire la suite >
In this study, we construct original measures ofwomen's empowerment in economic, social, and inter-personal dimensions to estimate the effect ofmicrocredit on women's empowerment in Djibouti.Using survey data covering 2060 Djiboutian house-holds, we examine the extent to which access tomicrocredit, the amount of loans obtained, and theirduration modify women's status at home. We employan instrumental variables strategy and develop threeinstruments: (i) household's membership of a savingand credit cooperative, (ii) the availability of formalbanks at the village or community level, and (iii) theavailability of formal cooperatives at the village or com-munity level. We find that microcredit has positive andsignificant effects on women's autonomy, but theseeffects become significantly negative as the number ofloans taken out increases and as the length of timespent in the program rises. Women from householdswith access to micro-loans are respectively 45.0%,41.4%, and 15.7% more likely to be economically,socially, and interpersonally empowered. The results ofthe study are robust across specifications and econo-metric techniques employed and confirm the generallymixed socioeconomic effects of microcredit programs< Réduire
Mots clés en anglais
Djibouti
Instrumental variables
Microcredit
Women'sempowerment
Unités de recherche