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A study on “Impact of Microfinance Institution products on the Factors of Empowerment to empower Women Entrepreneurs with special reference to Bangalore District”

  • Unique Paper ID: 166699
  • Volume: 11
  • Issue: 2
  • PageNo: 1917-1922
  • Abstract:
  • Microfinance institutions (MFIs) play a critical role in empowering women entrepreneurs by addressing multiple dimensions of empowerment. Through their diverse range of financial products and services, MFIs enable women to access capital, enhance their business skills, and gain increased control over financial decisions. This financial inclusion reduces women's reliance on informal credit sources, fostering economic autonomy and supporting sustainable business growth. Moreover, MFIs often complement financial services with training programs that build entrepreneurial capacity, improve financial literacy, and promote market awareness. These initiatives not only strengthen women's business acumen but also empower them socially by fostering community networks and challenging traditional gender norms. Furthermore, economic empowerment through MFIs can lead to enhanced political participation and representation of women in decision-making processes. Overall, MFIs contribute significantly to the empowerment of women entrepreneurs by providing the necessary tools and resources to overcome economic barriers, achieve self-sufficiency, and contribute positively to their families and communities.
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 2
  • PageNo: 1917-1922

A study on “Impact of Microfinance Institution products on the Factors of Empowerment to empower Women Entrepreneurs with special reference to Bangalore District”

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