IMPACT OF MICROFINANCE ON POVERTY REDUCTION BY WOMEN ENTREPRENEURSHIP IN NEPAL

Abstract

The research is conducted on “impact of microfinance on poverty reduction by women entrepreneurship in Nepal”. The objectives of study are to examine the current status of the microfinance services and poverty reduction by women entrepreneurship, to analyze the relationship of the microfinance services and poverty reduction by women entrepreneurship and to examine the impact of the microfinance services to the poverty reduction by women entrepreneurship. The dependent variable of research is poverty reduction by women entrepreneurship and independent variables of the research is micro credit service, advisory service, insurance service and saving service. The descriptive and casual comparative research design is used. The convenience sampling technique for sample is used. The descriptive statistics, correlation and regression analysis is used for data analysis. The finding of the research is the minimum and mean different is also high. The maximum and mean also high different. The standard deviation is very much. So, the given variables poverty reduction by women entrepreneurship, micro credit service, advisory service, insurance service and saving service have very much fluctuating and the current status is called fluctuating in nature. The relationship of micro credit service, advisory service, insurance service and saving service have positive and significant to the poverty reduction by women entrepreneurship. The impact of micro credit service, advisory service and saving service have significant to the poverty reduction by women entrepreneurship. The impact of insurance service is not significant impact to the poverty reduction by women entrepreneurship. The conclusion of the research is the variable have fluctuating nature of current status, the relationship of independent variables to the dependent variables is positive and significant and the impact of micro credit service, advisory service and saving service have significant to the poverty reduction by women entrepreneurship. The implications of the research are the research outcomes offer valuable insights for microfinance institution boards and management teams, it serves as a valuable resource for scholars interested in conducting sector-specific investigations. Recommendations derived from this study underscore the importance of prioritizing women's entrepreneurship within microfinance institutions. Effective guidance, training, and insurance provision can significantly enhance national development by empowering women.