The function of financial literacy in enhancing women's decision-making via microfinance

This research examines the pivotal financial literacy's contribution to improving women's Capabilities for deciding decisions through micro-finance programs. The study investigates how improved financial acumen acts as a trigger for women's economic empowerment, empowering people to make judicious financial choices and achieve greater autonomy in household and business management. Through comprehensive analysis of contemporary literature and empirical data, this paper demonstrates that financial literacy significantly amplifies the positive effects of micro-finance on women's empowerment outcomes.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-12-31
DOI
https://doi.org/10.5281/zenodo.18109865
Primary Topic
Microfinance and Financial Inclusion
Type
article
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article

The function of financial literacy in enhancing women's decision-making via microfinance

Mousmi Goel, Mantasha Gaur
Zenodo (CERN European Organization for Nuclear Research)
Microfinance and Financial Inclusion
article

The function of financial literacy in enhancing women's decision-making via microfinance

Mousmi Goel, Mantasha Gaur
article en

Abstract

This research examines the pivotal financial literacy's contribution to improving women's Capabilities for deciding decisions through micro-finance programs. The study investigates how improved financial acumen acts as a trigger for women's economic empowerment, empowering people to make judicious financial choices and achieve greater autonomy in household and business management. Through comprehensive analysis of contemporary literature and empirical data, this paper demonstrates that financial literacy significantly amplifies the positive effects of micro-finance on women's empowerment outcomes.

Zenodo (CERN European Organization for Nuclear Research)
Indian Institute of Technology Roorkee (IN)
Openalex Percentile: Top 17%
Microfinance and Financial Inclusion
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