Microfinance interventions have been increasingly adopted as a tool to support women entrepreneurs in developing economies. Qualitative research methods were employed through interviews with female entrepreneurs and case studies of selected MFIs to understand their practices and outcomes. The analysis revealed that microfinance has significantly enhanced the financial stability and operational capabilities of women-owned businesses in Ethiopia, particularly those engaged in small-scale agriculture and retail trade. Microfinance institutions play a crucial role in supporting women entrepreneurs by providing access to credit and business development services, contributing to their economic empowerment and sustainable livelihoods. Further research should focus on the long-term impacts of microfinance interventions on women's entrepreneurship success rates, while policy makers need to promote inclusive financial systems that cater specifically to women's needs.
Teklehaimanot et al. (Mon,) studied this question.