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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14
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| Paper Title: | Empowering entrepreneurial dreams: Role of microfinance in rural women's success |
| Authors Name: | Aditi Rastogi , Dr. Khushboo Agnihotri |
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IJRTI_201625
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| Published Paper Id: | IJRTI2503195 |
| Published In: | Volume 10 Issue 3, March-2025 |
| DOI: | |
| Abstract: | Microfinance, defined as the provision of small-scale financial services such as credit, savings, and insurance to low-income individuals, plays a crucial role in empowering rural women by fostering entrepreneurship and economic independence. While prior research has largely focused on its impact on household decision-making and social empowerment, there is limited attention on how microfinance directly influences entrepreneurial success metrics like profitability, business growth, and market reach. This study addresses this gap by examining the impact of microloan size on rural women’s business success and the role of financial literacy and business training in enhancing outcomes. Using secondary data from microfinance institutions, government reports, and academic studies, the research evaluates how financial support translates into sustainable business development. Findings indicate that larger microloans significantly contribute to business expansion and profitability, but their effectiveness is dependent on access to financial education and skill development programs. The study also highlights sectoral differences, with service-based businesses benefiting more from microfinance than agriculture-based enterprises. The paper concludes with policy recommendations for optimizing microfinance interventions, emphasizing the integration of financial literacy programs with financial support to enhance long-term business sustainability. By shifting the focus from general empowerment to measurable entrepreneurial outcomes, this study provides a deeper understanding of microfinance’s role in rural women’s economic success. |
| Keywords: | Microfinance, Women’s Entrepreneurship, Rural Economic Development, Financial Literacy. |
| Cite Article: | "Empowering entrepreneurial dreams: Role of microfinance in rural women's success", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 3, page no.b636-b640, March-2025, Available :http://www.ijrti.org/papers/IJRTI2503195.pdf |
| Downloads: | 000305 |
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2503195
Registration ID:201625
Published In: Volume 10 Issue 3, March-2025
DOI (Digital Object Identifier):
Page No: b636-b640 Country: -, -, India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2503195 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2503195 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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