Microfinance Services and Female Entrepreneurship Development: A Case from the East Nawalparasi District

Dhruba Prasad Subedi, Dilli Ram Bhandari

Abstract

This study aims to examine the role of microfinance services in developing the entrepreneurial capabilities of small and medium-sized female entrepreneurs in East Nawalparasi district, Nepal. Data were collected from the primary source through structured questionnaires using a random sampling technique from 150 women clients of microfinance institutions. Pearson correlation and multiple regression analysis were used to analyze data. The results revealed a positive and significant relationship between microfinance services and female entrepreneurship development. The findings of this study validate the set hypotheses that saving services, lending services, and training and education services significantly affect female entrepreneurship development of the women. This study also highlighted that microfinance programs are efficient tools for advancing women entrepreneurs because of their diverse services and roles in developing businesses in Nepal. This further contributes to the understanding of the effectiveness of microfinance services in nurturing the female entrepreneurial capability within the context of a poor women’s development index coupled with an extreme poverty level.

 

Keywords: female entrepreneurship development, microfinance institutions, access to finance, questionnaire, skill development training.

 

DOI: https://doi.org/10.55463/hkjss.issn.1021-3619.63.13


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