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VOL. 11, ISSUE 8 (2025)
The role of microfinance institutions in promoting entrepreneurship and economic empowerment among rural women in Bihar
Authors
Himanshu Gupta, Dr. Niraj Kumar Verma
Abstract
Microfinance institutions (MFIs) have played a significant role in
promoting entrepreneurship and economic empowerment among rural women in India,
particularly in the state of Bihar. This study aims to examine the impact of
MFIs on rural women's entrepreneurial activities and their socio-economic
status. The study is based on primary data collected through surveys and focus
group discussions with 150 female entrepreneurs belonging to various districts
in Bihar. Our findings indicate that MFIs have contributed significantly to
increasing the number of female entrepreneurs by providing them with easy
access to credit facilities. These loans have enabled women from marginalized
communities to start their own businesses, diversify
existing ones or expand operations, thus providing them with a sustainable
source of income. Moreover, MFIs also offer financial literacy training,
mentoring support and market linkages, which have helped these women develop
necessary skills for running successful enterprises. The study further
highlights how being involved in entrepreneurial activities has brought about a
transformational change in the lives of these rural women.
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Pages:123-127
How to cite this article:
Himanshu Gupta, Dr. Niraj Kumar Verma "The role of microfinance institutions in promoting entrepreneurship and economic empowerment among rural women in Bihar". International Journal of Commerce and Management Research, Vol 11, Issue 8, 2025, Pages 123-127
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