Effect of Microfinance on Women's Entrepreneurship in Telangana State During COVID-19
Mittal school of business, Lovely Professional University, G.T. Road, Phagwara, Punjab 144411, India
Mittal school of business, Lovely professional university G.T. Road, Phagwara, Punjab 144411, India.
Covid-19 has influenced businesses to a greater level. Entrepreneurial businesses become a victim of this pandemic due to little resources. Many women lost their entrepreneurial ventures due to covid-19, as they were unable to manage finances. The objective of this research is the determine the effects of microfinance on women's entrepreneurship in Telangana state during covid-19. The respondents of this research are women who own entrepreneurial ventures in Telangana State, India. Data collected from 167 respondents were analyzed by structural equation modeling using Smart PLS 3.0. The findings of this research reported that the impact of microfinance credit, savings, and interventions is signification on women's entrepreneurship. This research concluded that during the pandemic, the microfinance sector can influence women's entrepreneurial businesses. The model developed by this research is a unique contribution to the body of knowledge. The findings of this research have theoretical significance and contribution to the knowledge. Accordingly, the findings of this research also have practical implications to improve women's entrepreneurial businesses in the future. The limitations of this research are highlighted with future directions for scholars to determine further empirical evidence on this research.