Article
Redefining Power Dynamics: A Holistic Analysis of Micro-Business Impact on Women’s Autonomy
This study presents a systematic analysis to assess the impact of micro-enterprises on women’s empowerment. A comprehensive analysis of the literature on women's empowerment, self-help organisations, and microenterprises has been conducted. The study employed empirical methods and a cross-sectional design. A self-administered, pre-tested questionnaire was used to collect primary data. The researchers employed a multi-stage sampling methodology to collect the requisite data from participants with a minimum of three years of experience in micro-enterprise activities. The proposed conceptual framework for assessing women's empowerment incorporates six commonly employed variables in this field of study. Through EFA and CFA, all of these variables have been identified and validated. A path analysis was performed to evaluate the importance of the hypothesized relationship between the variables under consideration. The analysis revealed that antecedents directly contribute to a growth in business performance, which in turn leads to a rise in the empowerment of members in group micro-enterprises. Evidence shows that microenterprises serve as potent catalysts for women's empowerment, particularly when supported by financial resources, skills development, and substantial social networks. Their impact extends beyond financial gain to encompass community engagement, family decision-making, and social welfare and development.