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March 12, 2026Open Access

Microfinance's Impact on Financial Literacy and Business Success Among Women Entrepreneurs Six Months Post-Programme in West African Towns: A Case Study in Côte d'Ivoire

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Authors

SKSamuel KonanPOPatricia OuedraogoVZVictor Zabré

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Overview

Microfinance programmes improve financial literacy in women entrepreneurs, suggesting need for further business support.

Key Points

  • The study aims to assess the long-term effects of microfinance programmes on financial literacy and business success among women in West Africa.
  • Participants selected from eight West African towns with diverse socioeconomic conditions.
  • Pre- and post-programme surveys used a Likert scale questionnaire to evaluate financial literacy.
  • Descriptive and inferential statistics, including t-tests and regression models, analyzed the data.
  • A significant improvement in financial knowledge was noted, with a mean difference of 4.2 (p < 0.05).
  • No significant change in sales revenue was observed as an indicator of business success.

Cite This Study

Konan et al. (2011) studied this question.

synapsesocial.com/papers/69b2589696eeacc4fcec86dchttps://doi.org/10.5281/zenodo.18930394
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Microfinance Programme Effectiveness for Women Entrepreneurs in Cote d'Ivoire Market Towns Over Four Years in Guinea-Bissau2013
  2. 2Microfinance Programme Effectiveness for Women Entrepreneurs in Cote d'Ivoire Market Towns Over Four Years in Guinea-Bissau2013
  3. 3Microfinance Programmes' Impact on Women's Entrepreneurship Success in East African Highlands: A Two-Year Financial Health and Business Growth Study2001
  4. 4Microfinance Institutions and Financial Literacy Among Female Small Business Owners in Ghanaian Cities: A Two-Year Behavioural Analysis2013
  5. 5Microfinance Adoption and Success Rates among Women Entrepreneurs in Abidjan: A Mixed-Methods Exploration2012