Abstract:
Nowadays, microfinance plays a strategic role than in tH" past. Microfinance consider
as a tool that could be used to influence directly or indirectly develop the small-scale
businesses and entrepreneurs. By adopting individual lending to the underprivileged
and focusing on micro firms, it encourages financial inclusion. Financial inclusion
seryes as a mediating factor and significantly contributes to small-scale entrepreneurs'
empowennent. In this research study, there are four independent variables such as
financial role, capitalist role, repayment role, enterprise development role. There is a
mediating variable as financial inclusion and the dependent variable is economic
empowerment of small-scale organizations. The purpose of this study is to conduct
research on the use of microfinance and entrepreheurship together to reduce poverfy,
empower the underprivileged, and promote sustainable development. The objectives of
this study is to identi$ level, impact, relationship and mediating effect among various
perceived roles of microfinance, financial inclusion and econornic empowennent of
small-scale organizations.
In this research study, primary data had been practiced. A structured questionnaire was
used as the method of data collection. Sample of the study is 298 small-scale business
owners using microfinance services and stratified random sampling method used to
make the sampling framework of the study. The quantitative research approach used
for this study. The data were analyzed using descriptive statistics, univariate,
correlation, and regression analysis.
The findings indicate that there are good reliability and mean value of study variables
are high level and also the results showed that there is a strong positive relationship
between every variables. According to the derived results, various perceived roles of
microfinance and financial inclusion significantly impact on economic empowerment
of small-scale businesses. Further more, financial inclusion plays a parietal mediating
role in the connection in between independent variables and dependent variable.
