Women’s empowerment is the process of empowering women. Empowerment raises the status of women through education, awareness, literacy, and training. Women’s empowerment equips and allows women to take life-determining decisions. They may get the opportunity to redefine gender roles, which in turn provide them more freedom to pursue desired goals. Women empowerment is a significant topic of discussion in development and economics.
Economic empowerment allows women in controlling and getting benefit from resources, assets and incomes. It also grows ability to manage risks and improves well-being. It refers to women’s ability to make strategic life choices which had been previously denied them. The worlds, Nations, businesses, communities and groups may benefit from women empowerment. It enhances the quality and the quantity of human resources available for development. ttraditionally, women are considered marginalized group especially women of colors and transgender women. Fourth-wave feminist’s advocate for greater representation of these groups in politics and business, and argue that society will be more equitable if policies and practices incorporated the perspectives of all people.
Women’s economic empowerment includes women’s ability to participate equally in existing markets; their access to and control over productive resources, access to decent work, control over their own time, lives and bodies; and increase voice, agency and meaningful participation in economic decision-making at all levels from the household to international institutions.
In Ethiopia, 80 percent of the population resides in rural areas and women provide the majority of the agricultural labour in these communities. However, their contributions often go largely unrecognized and their fathers or husbands often restrict access to resources and community participation. Worse, one in three women experience physical, emotional or sexual violence, 65 percent of women have experienced female genital mutilation, and only half of girls who enrol in primary schools ever make it to grade 5.
ASDEPO uses women economic empowerment as an entry mechanism for all its interventions. To ensure this Community Based Micro Financing and community based development models are used. ASDEPO applies SHG, and SACCO approaches depending on the geographical, social and economic situations of the target areas. SHG is an informal self- initiative group of people with a common objective of working together for their economic social and over all area of development with only technical support of the organization.
The Objective to the project is to improve social, economic and institutional capacity of women who are in low socio- economic status to establish sustainable social protection schemes for the informal workers in urban areas of central and Southern Ethiopia with special focus on vulnerable women and in dialogue with governmental stakeholders.