Micro Credit is a Tool for Women Entrepreneurship Development
Journal of Mathematics and System Science 5 (2015) 385-390
6 Pages Posted: 18 Apr 2016
Date Written: May 28, 2015
As a result of 30 years of an internal armed conflict, women and children not only lost male relatives in struggle, but comprised of the displaced. Most of the households in Sri Lanka are now headed exclusively by women. The micro finance institutions help the poor people in effective ways in order to generate income to enhance their standard of living in the rural areas. This study focuses on women entrepreneurship development through micro credit programme under post war development in Jaffna District selecting four rural areas which are Kopay, Chavakachcheri, Varani and Kodikamam. The main objective of this study is to identify the linkage with micro credit programmes and entrepreneurship development. Further it has an objective to identify the impact of micro credit on entrepreneurship development. The information has been gathered by primary data which has been distributed through the close ended questionnaire to the rural women in the above selected areas and seventy seven (77) responded out of 100. The relation between the micro credit programmes and women entrepreneurship development is examined using Statistical Package for Social Sciences (SPSS). It is concluded that the Entrepreneurship development has a significant relationship (p<0.05) with the microcredit programme and its impact on entrepreneurship development is crucial. It is suggested that the microcredit facilities are essential in women entrepreneurship development under post war development.
Keywords: Entrepreneurship Development, Micro credit, Post war development and Women Empowerment
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