Impact of Microfinance on Empowerment of Women Entrepreneurship: Evidence from Rathnapura District

Microfinance on women's empowerment in entrepreneurship is a high-time topic to discuss. Accordingly, this research delves into the impact of microfinance on the empowerment of women entrepreneurship in Rathnapura District. The researchers targeted the Rathnapura district and conducted this research because it is among the ten (10) districts with the highest number of women entrepreneurs in Sri Lanka. However, currently, research has yet to be conducted in this district, and it forged to do a study on the present theme. The study's population consisted of women entrepreneurs running their businesses in the Rathnapura district, and 100 women entrepreneurs were selected as the sample using the convenience sampling method. The study employed descriptive, correlation, and regression analyses as the data analysis tools. The results of the study indicated that there is a positive relationship between microfinance and women's entrepreneurship. The findings underscore the pivotal role of microfinance in fostering economic and social empowerment among women entrepreneurs, offering invaluable insights for policymakers and stakeholders in the microfinance sector.