ROLE OF WOMEN DECISION MAKING AND WOMEN’S MOBILITY IN THE RELATIONSHIP BETWEEN MICROFINANCE AVAILABILITY AND WOMEN ENTREPRENEURSHIP ADOPTION

Abstract

In India, women’s participation in entrepreneurial activity is minimal.
The contribution of women is only 20.37 percent, whereas the contribution
of men is 79.63 percent. This poor contribution by women translates into
a low contribution to national economic growth. To address this issue, the
current study examined the adoption of women entrepreneurship (WE) by
MFIs. This study aims to examine the impact of microfinance institutions
(MFIs) on WE in the Indian state of Telangana. In addition, the mediating
function of women’s decision-making and mobility in WE was investigated.
With the assistance of a survey conducted among the female clientele
of MFIs in India, the study’s purpose is attained. Utilizing a questionnaire
survey, information is gathered. To examine the data, structural equation
modeling (SEM) is employed. According to the findings, MFIs play a significant
role in promoting WE adoption in India. Women’s minimal participation in
economic activity can be addressed by providing diverse financial services
to female entrepreneurs. The study’s results revealed significant findings
with theoretical and practical ramifications.