Skip to main content
padlock icon - secure page this page is secure

Socio-economic constraints to demand for borrowing among rural females of Pakistan

Buy Article:

$41.82 + tax (Refund Policy)

Purpose ‐ The purpose of this paper is to investigate how many rural women have access to finance. It also explores the additional constraint faced by them in accessing the credit. Design/methodology/approach ‐ For the estimation purpose, multivariate logit regression is used, taking borrowing any credit as dependent variable. Findings ‐ Results indicate that women lack easier access to formal credit and the socio-economic, cultural background of the family significantly impact probability of borrowing. More specifically, result indicates that female own age, marital status and employment bring self-confidence and reliability that encourage female borrowing. Research limitations/implications ‐ In the absence of any recent nation-wide data about micro-credit, cross-section survey, the Rural Financial Market Survey is used to examine the factors affecting the demand for borrowing. Practical implications ‐ This paper proposes that government should implement education programmes in order to create awareness towards role of women in economic development. Moreover, to overcome the cultural constraints, information should also be disseminated through influential media. Originality/value ‐ While it is widely recognized that, demand for credit is severely affected by socio-economic, cultural and personal characteristics, this has rarely been confirmed earlier. There are numbers of studies documented on borrowing all focus on the issue of formal and informal sources ignoring the above determinants. This paper attempts to do so.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Keywords: Credit; Financial markets; Gender; Pakistan; Poverty; Rural areas

Document Type: Research Article

Publication date: September 25, 2009

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more