Impact of Micro-Enterprise in Rural Community
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Department of Rural Development Mahendra Ratna Multiple Campus, Ilam
Abstract
The micro enterprise development in rural area plays vital role for economic, socio
economic development and employment creation at local level. This study was done
based on Falaincha VDC collecting primary data on This study focused the impact
of the micro enterprise to the live of the people who are actually running the micro-
enterprises business and only the positive impact. There were different micro
enterprises activities carried by the locals of the study area and the general objective
is study the impact of micro enterprise in rural community specifically of micro
enterprise runner. However the specific objectives of the study are;
To study economic impacts of micro enterprise in lives of entrepreneurs of
study area.
To study social impacts of micro enterprise in lives of entrepreneurs.
This study pursued social research methodology, quantitative. It was based on the
exploratory and descriptive study research designs. Survey was done with the semi
structured questionnaire. The overall primary data were collected using qualitative
and quantitative data collection with the help of semi- structured questionnaire and
secondary data was collected from the different published and unpublished sources.
Documents from INGOs, NGOs and GOs working in the relevant field and
documents from internet sources to the study was collected. Out of total registered
and not unregistered micro enterprise from the record of NCDC and other
unofficial sources on 25% samples were taken and computer program was used for
the raw data analysis using simple statistical tools and relevant technique.
There were more female entrepreneurs were active in the area and equally
participating in decision making in household. The household size was relatively
small. The type micro enterprises included; hand paper, parlor, meat selling,
mechanical workshop, poultry rising, furniture and mills that were supporting
various activities of the rural communities for livelihood. The educational statue of
entrepreneur was good but the however the higher educational level holder were
quite low and people with the formal education were running agricultural base
micro enterprise and it has not been quite long that they were running micro
enterprises. The reinvestment capacities on microenterprise have risen along with
income and main source for saving came from the micro enterprises. There have
been increments in physical assets after the intervention of micro enterprise in the
HH. Entrepreneurs have now become them capable and strong along with more
social linkage. The direct socio economic impacts of the micro enterprise was
beneficial and positive but there was still more initiatives was required from all the
sector working in micro enterprise in Falaincha VDC