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A Study of Microfinance and Its Role Towards Women Empowerment With Reference to Madhya Pradesh

Year: 2025

Type: article

Abstract: This study explores the role of microfinance in promoting women empowerment with specific reference to Madhya Pradesh. Using both primary and secondary data, the research analyzes the impact of microfinance on various empowerment dimensions such as economic independence, social status, decision-making, and mobility. Statistical analysis reveals significant positive effects of microfinance on economic and social empowerment, as well as on women's mobility. However, the impact on decision-making power was found to be statistically insignificant. The findings suggest that while microfinance is a powerful tool for empowering women, supportive social and educational interventions are also necessary for holistic development.

Source: EPRA International Journal of Economic and Business Review

DOI: 10.36713/epra21000

Author: Dr. Shahid Mohammad Khan

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Gender equality, Decent work and economic growth, No poverty, Reduced inequalities

Open Access status: diamond

OpenAlex ID: W4409450942

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