Paper Title :The Role of Microfinance in Empowering Social Entrepreneurs
Author :Affouri Faiza, Rhita Sabri
Article Citation :Affouri Faiza ,Rhita Sabri ,
(2024 ) " The Role of Microfinance in Empowering Social Entrepreneurs " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 51-58,
Volume-10,Issue-10
Abstract : This article explores the role of microfinance in empowering social entrepreneurs in Morocco, highlighting its
significance in a context where social entrepreneurship is growing yet faces financial and structural challenges. Microfinance
is portrayed as a crucial tool for financial inclusion, providing access to credit and other financial services, which are vital
for combating poverty and unemployment while promoting innovation and social development. Although microfinance has
improved access to funding, enabling social entrepreneurs to initiate and grow their ventures, the study emphasizes the need
for a more holistic approach, incorporating tailored support, training, and skill development. It also points out the necessity
for innovation in financial products to meet the diverse needs of social entrepreneurs. Lastly, the article calls for future
research to assess the long-term impact of microfinance and develop strategies to enhance financing access while supporting
the overall development of entrepreneurs, thereby contributing to inclusive and sustainable growth in Morocco.
Keywords - Microfinance, Social Entrepreneurship, Financial Inclusion, Empowerment
Type : Research paper
Published : Volume-10,Issue-10
Copyright: © Institute of Research and Journals
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Published on 2025-02-03 |
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