The study shows a positive relationship between financial literacy and well-being in rural women, indicating significant implications for investment behavior.
Key Points
Financial literacy positively enhances investment behavior and personal financial decisions among rural women entrepreneurs.
A significant sample of 396 rural women in Bihar provided data analyzed using partial least square structural equation modeling.
The findings highlight the need for focused financial literacy interventions aimed at rural women to improve their economic empowerment.
Understanding these dynamics provides critical insights into the economic emancipation of women in rural India.