Saving as a Path for Female Empowerment and Entrepreneurship in Rural Peru

Marianne Daher, Antonia Rosati and Andrea Jaramillo
Additional contact information
Marianne Daher: Escuela de Psicología, Pontificia Universidad Católica de Chile, Santiago, Chile
Antonia Rosati: Escuela de Psicología, Pontificia Universidad Católica de Chile, Santiago, Chile
Andrea Jaramillo: Facultad de Psicología, Universidad Alberto Hurtado, Santiago, Chile

Progress in Development Studies, 2022, vol. 22, issue 1, 32-55

Abstract: Much research has identified the difficulties of promoting women’s empowerment using microcredit, but there has been little research on the potential for empowerment from promoting women’s savings. We address this gap through a qualitative study of three women’s savings programmes in the Highlands of Peru. The results reveal changes in several domains of women’s lives (economic, personal and relational), emphasizing that these programmes enable them to think about the future, expand their social support networks, and become entrepreneurs. We conclude that savings interventions have considerable advantage over microcredit programmes for facilitating female empowerment and that the merits of these interventions go far beyond financial inclusion with significant impacts on women’s psychosocial well-being and broader empowerment.

Keywords: Poverty; savings; financial education; entrepreneurship; female empowerment; social programmes (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/14649934211035219 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:prodev:v:22:y:2022:i:1:p:32-55

DOI: 10.1177/14649934211035219

Access Statistics for this article

More articles in Progress in Development Studies
Bibliographic data for series maintained by SAGE Publications ().