IMPACT OF OMO-MICROFINANCE PROGRAM ON WOMEN’S ECONOMIC  EMPOWERMENT IN WOLAYTA ZONE
Creators: name: DAWIT ESATU
Publisher: name: National Academic Digital Repository of Ethiopia
Year: 2016

description: xiv 
     
variables and normality of error term test are necessary to test significance of omitted variables. 
The resultant change of variation during intervention on women’s economic empowerment 
explained about 80.02% by OMFIs program through mentioned explanatory variables that  the 
model fit data very well at p-value of, p=0.000 and chi-square of  247.34.Microfinance institution program plays  an important role in women’s economic empowerment 
enhancing  independent income generation, prosperity of asset accumulation,  smoothing 
household expenditure, mobilizing saving and entrepreneur development. Since the impact of 
MFIs  services on women economic empowerment has no common consensus among different 
academicians, some of them argued it has positive and some other argued has negative impact. 
Therefore, the study was attempted to assess the economic empowerment of women’s through 
impact of OMFIs program conducted in Wolaita Zone Damot Gale and Damot Pullasa woreda 
districts, SNNP, Ethiopia by using primary data through structured questionnaire.  
                The study includes a total of 285 subjects  where convenient sampling was  used  to 
selected two Woreda randomly and then  stratified random sampling techniques is used to group 
sample population from total study population of 1096 due to heterogeneity of population by the 
intended purpose borrowing;  agricultural, commercial and small microenterprise service 
economic activities. The primary data collected by interviewing 285 rural respondents using 
questionnaire in addition to primary data that 255 respondents correctly stated the questionnaire.  
               A descriptive statistics and multiple  logistic regression analysis are employed to 
analyze the impact of OMFIs on women’s economic empowerment. The logistic  marginal effect 
result showed that positive change of women economic empowerment indicators  after 
intervention to OMFIs program; independent income generation(9.81e-04%), asset(7.38e-04%), 
saving(1.6*10-2
%), expenditure(5.96e-04%), business profit(2.49%) and employment 
opportunity(93.07%). From the analysis result, the result showed that OMFIs services acting act 
as a key fulcrum to women economic empowerment through socio-demographic variables that 
the yet negative impact variables become positive impact after intervention to OMFIs program. 
To test fitness of model the data in regression analysis results the various test models were used 
such as t-test and  chi-2 test for the descriptive frequency statistics,  and  Hosmer-Lemeshow, 
Wald and log likelihood ratio test models were used for fitness of the data in logistic regression 
result after model specification test. To determine reliability of data the Cronbach”s alpha value 
was  determined as 0.814 in which data is reliable  before administration of questionnaires to 
respondents. Since total of ten explanatory variables; four socio-demographic and six potential 
economic explanatory variables were included in the regression, model specification, multi-
collinearity and heteroskedasticity test are useful to determine interdependence of explanatory