International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online)

The Role of Microcredit in Reducing Female Poverty: An Qualitative Analysis in Eskişehir
Eylül Kabakçı Günay, Ph.D; Prof. Dr. Güler Günsoy

Abstract
Microcredit is a powerful tool specifically aimed at helping women to get rid of poverty more easily. The aim of this study is to determine whether microcredit application is successful in preventing poverty andto usethe example of women who are microcredit usersin Eskisehir to determine whatkind of changesin their livesareprovidedbymicrocredit. The study is based on qualitative study datas which are belong to12 female users who are receiving credit from Turkey Grameen Micro Credit Program in Eskişehir. The study’s analysis method is qualitative analysis, data collection method is in-depth interview, interview type is semi-structured interview. Descriptive analysis method is used as data analysis method. The research findings show thatwomen’s survival from poverty depends not only on taking microcredit as a capital but also many variables like to produce products which has entrepreneurial characteristics by innovative way, their ability to compete with other manufacturers and reach more customers. So microcredit is an efficient way to reduce poverty but it has to be supported with side way like provide bazaars, shops to sell their products or opportunities to learn new production techniques that boost the demand for their products.

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