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  • 标题:Green Microfinance and Women’s Empowerment: Why Does Financial Literacy Matter?
  • 本地全文:下载
  • 作者:Cheng-Wen Lee ; Andrian Dolfriandra Huruta
  • 期刊名称:Sustainability
  • 印刷版ISSN:2071-1050
  • 出版年度:2022
  • 卷号:14
  • 期号:5
  • 页码:3130
  • DOI:10.3390/su14053130
  • 语种:English
  • 出版社:MDPI, Open Access Journal
  • 摘要:This study investigated the role of financial literacy in the relationship between women’s empowerment and green microfinance. We set a conceptual model with green microfinance as an outcome variable, financial literacy as a mediating variable, and women’s empowerment as an exposure variable. Variance-based SEM was employed for analysis. The results show that the exposure and mediating variables have a significant direct and indirect impact on the outcome variable. The relationship between women’s empowerment and green microfinance is partially mediated by financial literacy. Local wisdom-based financial literacy is found to be an alternative for mainstreaming women’s empowerment in local development. In addition, gender-targeted programs need to consider pro-literacy policies for achieving green microfinance sustainability. By using financial literacy as a mediating variable, this study contributes to the current literature on the relationship between women’s empowerment and green microfinance.
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