Exploring Tiie Challenges And Opportunities Of Poor Women In Microfinance In1ervention Tiie Case Of Specialized Financial And Promotional Institution Cllents Of Chancho Branch Oromia Sululta Woreda
The central objective of this study was to explore the challenges and opportunities of poorrnwomen in SFPI micro finance intervention in Oromia Special Zone Surrounding Finjine, SuluitarnWoreda. Accordingly, a qualitative case study approach was used to undertake the study. Hence,rnpurposely selectedfour key informants and twelve in-depth interviews have participated in thernstudy. Beside to these, two focus group discussions one in urban and the other in rural area ofrnSululta Woreda was conducted. The qualitative data collectedji-om the participants wererntranscribed and analyzed manually. Thefinding of the study indicated that, most of the poorrnwomen in micro finance institution get the opportunity of accessing money, starting business,rndetachment from local money lenders, enhancement in social relationship. Moreover, those poorrnwomen who have another source of income like land, livestock, house renting and also non loanrndiverters were obtained the opportunity of expanding their businesses, educating their childrenrnin terms material support, improvement in income, expenditure and home utility, generallyrnimprovement in social and economic condition. On the other hand, the study indicated that,rnpoor women in the intervention ofMFIface various challenges that are related to therncommunity, institution, the poor women themselves, and family. As a result, these challengesrnhave been influenced the achievements of the poor women in micro finance intervention. Inrnaddition, these challenges are accompanied by various social problems like that of leaving thernarea where loan has been taken, committing suicidal attempt etc Generally, these findingrnindicated that, there is implication for collaboration between policy makers, social work andrnmicrofinance practitioners and researchers to address the challenges of poor women inrnmicro finance service.rnKeywords; Intervention, Microfinance Institution, Microfinance, Poor women, Special Financialrnand promotional Institution (SFPI), Sululta Worda