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The role of microfinance institutions on women’s entrepreneurship development

This study investigates the role of microfinance services on women's entrepreneurship development in Assosa town. The study employed both descriptive and explanatory designs and a quantitative research approach. The study targeted 352 women clients of Assosa Woreda Microfinance Institution, and...

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Detalles Bibliográficos
Autores principales: Abebe, Abraham, Kegne, Meketaw
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10026213/
https://www.ncbi.nlm.nih.gov/pubmed/36968150
http://dx.doi.org/10.1186/s13731-023-00285-0
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author Abebe, Abraham
Kegne, Meketaw
author_facet Abebe, Abraham
Kegne, Meketaw
author_sort Abebe, Abraham
collection PubMed
description This study investigates the role of microfinance services on women's entrepreneurship development in Assosa town. The study employed both descriptive and explanatory designs and a quantitative research approach. The study targeted 352 women clients of Assosa Woreda Microfinance Institution, and 165 samples were selected using a simple random sampling technique. The data were collected through a questionnaire and analyzed through the statistical package for social science (SPSS) 26 software. The findings from the descriptive mean analysis indicate that the microfinance institution financial and non-financial services offered were found unable to significantly empower disadvantaged and poor women by improving their livelihood and development of their business. The correlation result also indicated a positive and significant association between saving practice, access to credit, skill development training, and the development of women entrepreneurs. Finally, the regression result saving and the credit or loan services of the microfinance institution service have the most decisive influence on women's entrepreneurship development.
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spelling pubmed-100262132023-03-21 The role of microfinance institutions on women’s entrepreneurship development Abebe, Abraham Kegne, Meketaw J Innov Entrep Research This study investigates the role of microfinance services on women's entrepreneurship development in Assosa town. The study employed both descriptive and explanatory designs and a quantitative research approach. The study targeted 352 women clients of Assosa Woreda Microfinance Institution, and 165 samples were selected using a simple random sampling technique. The data were collected through a questionnaire and analyzed through the statistical package for social science (SPSS) 26 software. The findings from the descriptive mean analysis indicate that the microfinance institution financial and non-financial services offered were found unable to significantly empower disadvantaged and poor women by improving their livelihood and development of their business. The correlation result also indicated a positive and significant association between saving practice, access to credit, skill development training, and the development of women entrepreneurs. Finally, the regression result saving and the credit or loan services of the microfinance institution service have the most decisive influence on women's entrepreneurship development. Springer Berlin Heidelberg 2023-03-20 2023 /pmc/articles/PMC10026213/ /pubmed/36968150 http://dx.doi.org/10.1186/s13731-023-00285-0 Text en © The Author(s) 2023 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Research
Abebe, Abraham
Kegne, Meketaw
The role of microfinance institutions on women’s entrepreneurship development
title The role of microfinance institutions on women’s entrepreneurship development
title_full The role of microfinance institutions on women’s entrepreneurship development
title_fullStr The role of microfinance institutions on women’s entrepreneurship development
title_full_unstemmed The role of microfinance institutions on women’s entrepreneurship development
title_short The role of microfinance institutions on women’s entrepreneurship development
title_sort role of microfinance institutions on women’s entrepreneurship development
topic Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10026213/
https://www.ncbi.nlm.nih.gov/pubmed/36968150
http://dx.doi.org/10.1186/s13731-023-00285-0
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