Published Paper Details:

This study investigates microfinance's influence on women entrepreneurs' empowerment in Kerala, with a specific focus on its effects on revenue production, business sustainability, and social empowerment. Data was obtained from 100 women entrepreneurs across diverse sectors using a mixed-methods approach. The results demonstrate that microfinance has a substantial impact on increasing income levels and improving financial management abilities, which in turn leads to business expansion and higher savings. Nevertheless, obstacles such as restricted financing availability, insufficient market growth, and socio-cultural hindrances persist. Entrepreneurial training and financial literacy were found to be essential elements for achieving success, while the regression analysis revealed that access to financing and training were major indicators of improved results. The study asserts that microfinance is a valuable instrument for promoting women's entrepreneurship. However, it emphasises the importance of overcoming the highlighted obstacles to fully maximise effectiveness. Suggestions for increasing microfinance programs involve improving credit accessibility, bolstering training efforts, and promoting market linkages to promote enduring sustainability and empowerment.