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Mixed-methods approach reveals social empowerment and community development through microfinance for women entrepreneurs.
Microfinance institutions (MFIs) have gained prominence in South Africa's informal markets as a means to support women entrepreneurs. A mixed-methods approach combining quantitative data from MFI client surveys with qualitative interviews in selected informal market zones. The findings suggest that MFIs play a crucial role in fostering sustainable economic growth and social empowerment among women entrepreneurs in South Africa's informal markets. Further research should explore the long-term impacts on community development and the potential to scale these programmes across broader regions of the country.
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Nokuthula Mkhize (2000) studied this question.
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