Gender and microfinance: Empowering women through financial inclusion in Batticaloa District

This research paper investigates the role of gender in microfinance and its effectiveness in empowering women through financial inclusion within the Batticaloa district. Utilizing a mixed-methods approach, the study integrates both quantitative and qualitative data to assess the economic and social impacts of microfinance initiatives on women. The quantitative analysis reveals significant improvements in household income, business profitability, and decision-making power among women participants. Qualitative insights highlight enhanced self-esteem, community recognition, and personal autonomy as key empowerment outcomes. However, challenges such as cultural constraints, high-interest rates, and limited financial literacy persist. The paper concludes with policy recommendations aimed at addressing these barriers and suggests future research directions to further understand and optimize the role of microfinance in women's empowerment.