Rural Ethiopian Women: Juggling to utilize and repay microcredit

Rural women in African countries, despite being credit-worthy and reliable for financial transactions, several factors beyond their capacity influence them to divert the micro credit meant for productive purposes into consumption use. Many a times, despite their best intention to repay the borrowed money, they tend to default. Vicissitudes of local economic situations, business risks, drought and other natural calamities are to blame for faltering credit discipline among rural women. They virtually juggle between meeting household productive needs and repayment obligations to the lenders. The book is the product of empirical investigation, using household data and statistical analysis, into factors of micro credit utilization choice and repayment regularity among Ethiopian village women borrowing from Rural Savings and Credit Cooperatives (RuSACCOs).