DECLARATION

I, hereby, declare that this report entitled Role of Microfinance on Women

Empowerment in Birendranagar Municipality, Surkhet submitted to Graduate
School of Management, Mid-West University, Birendranagar, Surkhet is the best of
my knowledge is original; no part of it was earlier submitted for the candidature of
research degree to any university.

………………

Anju Pandey

Central Department

Graduate School of Management

Mid-West University
Birendranagar, Surkhet

I
 RECOMMENDATION

I am pleased to certify that Anju Pandey has completed her report work entitled
Role of Microfinance on Women Empowerment in Birendranagar, Surkhet as a
partial fulfillment of the requirement for Bachelor of Business Studies (BBS) Degree
under our supervision following the respective guidelines for paper documentation.

I, therefore, recommend the thesis for acceptance and approval.

…………………..

Asst. Professor Bhupal Bikram Kathayat

(Internal Supervisor)

Mid-West University

Date: 2080/10/04

II
 APPROVAL SHEET

We approve the report entitled Role of Microfinance on Women

Empowerment in Birendranagar Municipality, Surkhet undertaken by Anju
Pandey has been found satisfactory for the award of Bachelor of Business Studies
(BBS) Degree.

Asst. Professor Bhupal Bikram Kathayat Signature: .......................

Internal Supervisor Date: ...............................

Asst. Professor Manoj Paudel Signature: .......................

External Supervisor Date:................................

Date: 2080/10/09

III
 CERTIFICATE OF ACCEPTANCE

Following a successful presentation and evaluation by The Research

Evaluation Committee, this report Role of Microfinance on Women Empowerment
Birendranagar Municipality, Surkhet submitted by Anju Pandey has been accepted
and forwarded to the university for awarding Bachelor of Business Studies (BBS)
Degree.

Research Evaluation Committee

Asst. Professor Khem Raj Rawat Signature: ……………...

Chairperson (Head of Department)

Asst. Professor Bhupal Bikram Kathayat Signature: ……………...

Member (Internal Supervisor)

Asst. Professor Manoj Paudel Signature: ……………

Member (External Supervisor)

Date: 2080/10/14

IV
 ACKNOWLEDGEMENT

I feel glad to present the thesis entitled Role of Microfinance on Women

Empowerment in Birendranagar Municipality, Surkhet which is especially for the
partial fulfillment of the degree of Bachelor of Business Studies (BBS). The main
motto of this study is to assess the role of microfinance on women empowerment in
Birendranagar Municipality, Surkhet. Undertaking the Bachelor Degree is truly a
difficult and challenging journey. Despite being a tough task, tremendous support and
indescribable inspiration from various individuals leads to the successful completion
of the journey.

First, I would like to express my immense gratitude towards my distinguished

teacher and supervisor Asst. Professor Bhupal Bikram Kathayat and external
supervisor Asst. Professor Manoj Paudel for their valuable support, inspiration and
guidance during the entire period. Similarly, I would like to acknowledge the
continuous inspiration and support of the Department Head Asst. Professor Khem
Raj Rawat (Mid-West University), for the completion of my bachelor degree.

The acknowledgement will not be complete without recognizing the

administrative support and motivation of faculty and administrative staff of Central
Department, Graduate School of Management, Mid-West University during the entire
research work. I would also like to thank all my family members and my dearest
friends for technical assistance and my relatives who are the source of inspiration and
motivation for the successful completion of this work. Last but not the least, I would
like to express my deep gratitude towards all helping hands who were directly or
indirectly involved during any stage of the research.

Anju Pandey

V
 TABLE OF CONTENTS

DECLARATION I

RECOMMENDATION II

APPROVAL SHEET III

CERTIFICATE OF ACCEPTANCE IV

ACKNOWLEDGEMENT V

TABLE OF CONTENTS VI

LIST OF TABLES IX

LIST OF FIGURES XI

ABBREVIATIONS XII

CHAPTER I: INTRODUCTION

1.1 Background 1

1.2 Scope of the Study 6

1.3 Objectives of the Study 7

1.4 Research Questions 7

1.5 Conceptual Framework of the Study 7

1.6 Research Methodology 10

1.7 Limitations of the Study 12

1.8 Organization of the Study 12

CHAPTER II: PRESENTATION AND ANALYSIS OF DATA

2.1 Personal Information of the respondents 13

2.1.1 Age Status of the Respondents 13

2.1.2 Caste Status of the Respondents 14

2.1.3 Religious Status of the Respondents 15

2.1.4 Marital Status of the Respondents 16

VI
 2.1.5 Educational Status of the Respondents 17

2.1.6 Occupational Status of the Respondents 17

2.2 Training 18

2.2.1 Provision of Training to Women in Microfinance 19

2.2.2 Type of Training Provided by Microfinance for Women

Empowerment 20

2.2.3 Beneficiality of Training for Women 21

2.2.4 Enhancement of Women Empowerment by Microfinance 21

2.3 Motivation 22

2.3.1 Motivation of Women by Microfinance Program 22

2.3.2 Importance of Motivation for Women Empowerment 23

2.3.3 Type of Motivational Programs Provided by Microfinance to

the Women 24

2.3.4 Impacts of Motivation due to Microfinance Program on Women

Empowerment 25

2.4 Decision Making 26

2.4.1 Effects of Microfinance Program on Decision Making Capacity

of Women 26

2.4.2 Increment in Decision Making Capacity after Joining Microfinance

Program 27

2.4.3 Development of Decision Making Capacity of Women due to

Microfinance Program 28

2.5 Change in Lifestyle 29

2.5.1 Experience of Change in Lifestyle after Joining Microfinance 29

2.5.2 Type of Change Experienced in Lifestyle after Joining

Microfinance 30

2.5.3 Beneficiality of Microfinance Service for Change in Lifestyle

VII
 of Women 31

2.5.4 Empowerment of Women by Changing their Lifestyle 32

2.6 Creativity 32

2.6.1 Effects of Microfinance Program on Creativity of Women 32

2.6.2 Increment in Creativity of Women after Microfinance Program 33

2.6.3 Importance of Creativity for Women Empowerment 34

2.6.4 Impacts of Creativity Level Created by Microfinance on Women

Empowerment 35

2.7 Major Findings 35

CHAPTER III: SUMMARY, CONCLUSIONS AND RECOMMENDATIONS

3.1 Summary 37

3.2 Conclusions 37

3.3 Recommendations 38

REFERENCES

APPENDIX

VIII
 LIST OF TABLES

Table No. Description Page No.

1 Age Status of the Respondents 13

2 Caste Status of the Respondents 14

3 Religious Status of the Respondents 15

4 Marital Status of the Respondents 16

5 Educational Status of the Respondents 17

6 Occupational Status of the Respondents 18

7 Provision of Training to Women in Microfinance 19

8 Type of Training Provided by Microfinance for Women
Empowerment 20
9 Beneficiality of Training for Women 21
10 Enhancement of Women Empowerment by Microfinance 22
11 Motivation of Women by Microfinance Program 22
12 Importance of Motivation for Women Empowerment 23
13 Type of Motivational Programs Provided by Microfinance to the
Women 24
14 Impacts of Motivation due to Microfinance Program on Women
Empowerment 25
15 Effects of Microfinance Program on Decision Making Capacity of
Women 26
16 Increment in Decision Making Capacity after Joining Microfinance
Program 27
17 Development of Decision Making Capacity of Women due to
Microfinance Program 28
18 Experience of Change in Lifestyle after Joining Microfinance 29
19 Type of Change Experienced in Lifestyle after Joining
Microfinance 30

IX
20 Beneficiality of Microfinance Service for Change in Lifestyle
of Women 31
21 Empowerment of Women by Changing their Lifestyle 32
22 Effects of Microfinance Program on Creativity of Women 33
23 Increment in Creativity of Women after Microfinance Program 33

24 Importance of Creativity for Women Empowerment 34

25 Impacts of Creativity Level Created by Microfinance on Women
Empowerment 35

X
 LIST OF FIGURES

Figure No. Description Page No.

1 Conceptual Framework of the Study 8

2 Age Status of the Respondents 14

3 Caste Status of the Respondents 15

4 Religious Status of the Respondents 16

5 Marital Status of the Respondents 16

6 Beneficiality of Training for Women 21

7 Type of Motivational Programs 25
8 Experience of Change in Lifestyle after Joining Microfinance 30
9 Beneficiality of Microfinance Service for Change in Lifestyle of
Women 31
10 Increment in Creativity of Women after Microfinance Program 34

11 Importance of Creativity for Women Empowerment 35

XI
 ABBREVIATIONS

CBB Chhimek Bikas Bank

CSHD Center for Self-Help Development

DBB Deprosc Bikas Bank

FINGOS Financial Intermediary Non-Government Organizations

MFDBs Microfinance Development Banks

MFDBs Microfinance Development Banks

MFIs Microfinance Institutions

NCDB National Cooperative Development Bank

NGOs Non-Government Organizations

NMDB Nerude Microfinance Development Bank

NRB Nepal Rastra Bank

PPP Public Private Partnership

RDBs Regional Development Banks

RMDC Rural Microfinance Development Center

RSN Renaissance Society Nepal

RSRF Rural Self-Reliance Fund

SACCOs Savings and Credit Cooperatives

SFCLs Small Farmer Cooperatives Limited

SHGs Self-Help Groups

SKBBL Sana Kisan Bikas Bank Limited

SEE Secondary Education Examinatoin

SLC School Leaving Certificate

XII