TRANSFORMATIVE POTENTIAL OF MICROFINANCE: STORIES OF WOMEN EMPOWERMENT

Abstract

The transformative potential of microfinance on women's empowerment is examined in this study through in-depth case studies and thorough analysis. Through an analysis of individual accounts from various geographical areas, the research emphasizes the complex effects of microfinance on the economic, social, and psychological empowerment of women. The results imply that although microfinance can greatly improve the lives of women, program design and contextual factors determine how effective the program is.