Exploring the Relationship Between Financial Literacy and Women Entrepreneurship in Uttarakhand
Year: 2025
Type: article
Study design: Observational Study
Abstract: Entrepreneurs must be financially literate since it affects their ability to make decisions, obtain resources, and eventually run a successful business.Women entrepreneurs contribute significantly to local economies, and they run a significant portion of small businesses in emerging nations. A new business is established as a result of the creative and dynamic process of entrepreneurship. An entrepreneur can create jobs for others by acting as a catalyst for change. Women entrepreneurs are vital to the economic growth of a nation. The purpose of this study is to find out how financially literate Dehradun's female entrepreneurs are. A person's financial health may suffer if they make bad financial decisions as a result of lacking financial literacy. This study uses survey data from all throughout the state to look at how women entrepreneurs behave and feel about financial literacy. According to the study's findings, most respondents had a reasonable level of trust in their financial literacy, although their knowledge of financial sources was mediocre. The study will clarify the impact of schooling on the degree of financial literacy, the necessity of financial literacy in order to obtain business funding, and the absence of government initiatives to raise financial literacy among female entrepreneurs. The study's findings will help financial institutions, educators, and legislators create financial education initiatives and regulations that will benefit India's female entrepreneurs. Key Words: Financial Literacy, Women Entrepreneurs, Financial Decisions
DOI: 10.55041/ijsrem52171
Authors: ASHIMA TRIVEDI, ANUPAMA KARWAL
Institution: Shri Guru Ram Rai University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4413491820