The effect of women’s development on the relationship between the social impact of green microfinance institutions and poverty in Pakistan
Abstract This study aimed to investigate the effect of women’s development on the relationship between the social impact of green microfinance institutions and poverty in Pakistan. Women entrepreneurs in Pakistan rely on microfinance to improve their business standards and access other related servi...
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| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer
2025-01-01
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| Series: | Discover Sustainability |
| Subjects: | |
| Online Access: | https://doi.org/10.1007/s43621-025-00790-0 |
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| Summary: | Abstract This study aimed to investigate the effect of women’s development on the relationship between the social impact of green microfinance institutions and poverty in Pakistan. Women entrepreneurs in Pakistan rely on microfinance to improve their business standards and access other related services. The study collected quantitative data through a Likert five-point scale from respondents in various regions of Pakistan, which was analyzed using Smart partial least square structural equation model 3.0. Our findings show that green microfinance plays a vital role in supporting women entrepreneurs in the Republic of Pakistan. The study reveals a significant positive relationship between microfinance institutions and women’s entrepreneurship, with microfinance credit also showing a positive association with poverty reduction. Moreover, women's entrepreneurship and empowerment both have a substantial positive impact on poverty reduction, with both factors significantly influencing the relationship between green microfinance and poverty reduction. However, this study provides significant theoretical and practical implications for policymakers and practitioners working towards improving the situation of women entrepreneurs in Pakistan. Moreover, our findings highlight the importance of increasing access to financial services and supporting women's entrepreneurship and empowerment, which can ultimately lead to improved living standards and reduced poverty levels. |
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| ISSN: | 2662-9984 |