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Effectiveness of Microfinance in Enhancing Socio-economic Status of Rural Farmers through Entrepreneurship

Khila Nath Sapkota · 2025 · Futurity of Social Sciences.

Summary. Microfinance institutions effectively improve rural farmers' socio-economic status by providing small loans that stimulate income-generating activities and asset accumulation. A study of 200 farmers in Nepal found that access to microcredit, savings programs, and training strengthens decision-making abilities and livelihood sustainability. The research recommends government support through agricultural loans and microcredit schemes to further advance rural entrepreneurship and development.

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Sapkota, K. N.. (2025). Effectiveness of Microfinance in Enhancing Socio-economic Status of Rural Farmers through Entrepreneurship. Futurity of Social Sciences.. https://doi.org/10.57125/fs.2025.03.20.09

Details

DOI
10.57125/fs.2025.03.20.09
Countries
Nepal
Regions
Asia
Categories
funding, entrepreneurship, general-innovation
Added
2026-08-01