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ASSESSMENT ON THE IMPACT OF MICROFINANCE AND SAVINGS PROGRAMSON THE SOCIAL ECONOMIC AND WELL_BEING OF SINGLE MOTHERS IN NKHONGO VILLAGE.

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Jan 2026
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Abstract

This study explores the challenges faced by single mothers in raising their children, with a focus on economic, social, and emotional difficulties. Through a review of existing literature, the research identifies key themes, including the experiences of single mothers, the challenges they face, and the coping strategies they employ. The study reveals that single mothers in Malawi and other developing countries face significant economic hardship, social stigma, and emotional distress, which are exacerbated by limited access to education, skills development, and employment opportunities. The findings show that single mothers rely on informal support networks, spiritual reliance, empowerment initiatives, and formal support systems to cope with these challenges. The study concludes that single motherhood is a multidimensional challenge that requires a comprehensive approach, including economic empowerment, social support, and policy reforms, to improve the welfare of mothers and their children.

Here's the updated version in essay form:

This study explores the multifaceted challenges faced by single mothers in raising their children, with a focus on economic, social, and emotional difficulties, particularly in Malawi and other developing countries. The research reveals that single mothers encounter significant economic hardships, including limited access to education and job opportunities, which perpetuates poverty cycles. Societal judgment and lack of support systems further exacerbate feelings of isolation and stress, contributing to emotional distress, anxiety, and depression.

To cope with these challenges, single mothers rely on informal support networks, spiritual reliance, empowerment initiatives, and formal support systems. The study highlights the importance of a comprehensive approach to address these challenges, including economic empowerment through access to microfinance, vocational training, and employment opportunities. Social support through community-based programs, counseling services, and awareness campaigns can help reduce stigma, while policy reforms can strengthen child support grants, affordable childcare, and education subsidies.

By adopting a multifaceted approach, it is possible to improve the welfare of single mothers and their children, breaking cycles of poverty and promoting resilience. Ultimately, addressing the challenges faced by single mothers requires a collective effort from governments, communities, and individuals to provide the necessary support systems and resources.

Keywords

Microfinance economical well-being single mother

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