Microfinance initiatives have been implemented in various contexts to empower women entrepreneurs in informal marketplaces. However, understanding their long-term impacts and identifying effective mechanisms is crucial for policy-making. A mixed-methods approach combining quantitative surveys with qualitative interviews was employed. Data were collected from 200 randomly selected women entrepreneurs, ensuring representativeness across different market sectors in Nairobi. Women entrepreneurs reported a significant increase (p<0. 05) of 34% in their average monthly income compared to the pre-intervention period, reflecting enhanced financial capabilities and business resilience. The study underscores the effectiveness of microfinance integration in fostering economic growth within Nairobi's informal marketplaces, particularly for women entrepreneurs. Policy-makers should consider scaling up microfinance programmes with tailored support services to sustain these benefits over time. The empirical specification follows Y=₀+^ X+, and inference is reported with uncertainty-aware statistical criteria.
Odhiambo et al. (Sat,) studied this question.