Funding Women's Futures: A Literature Review and Case Study Analysis of Microfinance in Developing Nations

Funding Women's Futures: A Literature Review and Case Study Analysis of Microfinance in Developing Nations

Registration ID: IJNRD_222983

Published ID: IJNRD2406027

DOI: Click Here to Get

Ayaanika Kakar

Gender stereotypes have long been persistent and give way to gender bias which impacts almost all walks of life, particularly the business world whereby several hardships are incurred, especially by women. The prominence and adverse impact of this gender bias are highlighted in a crucial stage of establishing a business i.e., fundraising. In line with the aforementioned, this research paper conducts a thorough literature review which aims to uncover the traditional funding landscape and how gender bias affects it. The paper then proceeds to acknowledge microfinance institutions and loans as one of the funding options which have come up in more recent years to serve and encourage entrepreneurship among disadvantaged groups in society, particularly women in low-income countries. In light of the same, the paper critically analyzes microfinance as a concept in regard to its various characteristics, including accessibility, loan size and terms, support services and impact and sustainability, and then conducts case studies on the impact of microfinance in developing countries such as India, Bangladesh and Vietnam. On the whole, the paper concludes that microfinance loans and institutions do help with women’s empowerment and enable women’s entrepreneurship in developing countries to a certain extent.

Published Paper   E-Certificate

"Funding Women's Futures: A Literature Review and Case Study Analysis of Microfinance in Developing Nations", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 6, page no.a266-a286, June-2024, Available :https://ijnrd.org/papers/IJNRD2406027.pdf

Volume 9 Issue 6, June-2024

Pages : a266-a286

Paper Reg. ID: IJNRD_222983

Published Paper Id: IJNRD2406027

Downloads: 000121197

Research Area: Social Science and Humanities 

Country: Delhi, Delhi, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2406027.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2406027

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition

Call For Paper - Volume 10 | Issue 8 | August 2025

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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to explore advances in research pertaining to applied, theoretical and experimental Technological studies. The goal is to promote scientific information interchange between researchers, developers, engineers, students, and practitioners working in and around the world. IJNRD will provide an opportunity for practitioners and educators of engineering field to exchange research evidence, models of best practice and innovative ideas.

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