Microcredit Applications in the Context of Empowering Women

Abstract

Women, who can benefit less from the resources in the world and have less access to opportunities, are more likely to face the problem of poverty. This study aims to question the role and effectiveness of micro-credit practices in empowering women and increasing their participation in the workforce in the province of Samsun. The method of the research is the survey method. The universe of the research includes women using micro-credit within the scope of the Turkish Grameen Microcredit Program in Samsun. In this context, 104 women who were registered in the Micro Credit Branch Directorate in Samsun were included in the study. According to research findings, the majority of the participants participated in the workforce thanks to microcredit, the use of microcredit is an important tool in increasing the income level of the household, and the use of microcredit increased women's self-confidence; however, the amount of microcredit allocated is not sufficient to meet the needs.