Abstract:
Women play a crucial role in the economic
development of their families and communities but
certain obstacles such as poverty, unemployment, low
household income and societal discriminations mostly
in developing countries have hindered their effective
performance of that role. The objective of this study is
to examine the effect of microfinance on women
entrepreneurs’ socio economic performance in
Batticaloa. The results indicate that the microfinance
factors positively and moderately affect the women
entrepreneurs’ socio economic performance. The
economic benefits of microfinance on women
entrepreneurs have potential effect on the economic
development. In terms of development and social
impact, the microfinance factors allow significant
improvement in quality of life on women
entrepreneurs in Batticaloa District. Microfinance
factors allows the poor people to better manage
spending, which often generates saving ,and this
provides better standards of living to their family, and
dependents in terms of housing nutrition, health and
education. New Micro finance system promotes a sense
of entrepreneurship among women.
