Impact of Women Entrepreneurship on Women Empowerment in Pakistan

1 Background Pakistani women face several challenges due to their economic, social and cultural status. They account for 52% of Pakistan's total population, but unfortunately they inherit the lower ranking in traditional and state institutions. The gender related development index (GDI) helps to understand inequality between men and women and its relationship with its vulnerability, especially between men and women. In considering this measure, Pakistan has greater gender disparity in 152 of 155 countries.

Women account for over 50% of the population of Pakistan, and economic growth is deprived of depriving them of half of them. Giving power to women not only gives power to women but also promotes national economic well-being. The development of the country should lead to a fair distribution of development interest, especially for women's field. Women who give economic power to women are more autonomous and can change the lives of their children and their families. As she is a fulcrum surrounded by the whole family, economically wealthy women have a constructive impact on future generations.

Microfinance plays a role in improving women's decision-making by contributing to economic activity. In this research we will evaluate the impact of microfinance on the empowerment of urban slums women in the Lahore area of ​​Pakistan. In this research, gender equality, self-confidence, and status are specially designed and implemented to explore the relationship between microfinance and women's empowerment. This study demonstrates that microfinance can improve women's status in the following way. Earn independent income

To understand the impact of microfinance on women 's empowerment, let' s look at two sets of literature - women's empowerment institutions and microfinance institutions. The first article outlines the method of operating the microfinance institution and the second article outlined the significance of women empowerment and the success of microfinance institutions in empowerment of women. The informal credit market is a market that is not regulated or regulated by banking regulators that make up the majority of commercial credit in developing countries. Despite the development of formal financial markets and the spread of microfinance institutions, informal lenders continue to play an important role in providing credit to rural households in most developing countries.

Microfinance in Pakistan is seen as an important means for giving women the power. The Government of Pakistan (GOP) and various rural support programs in the country think that women can improve their social and economic status by giving credit to income generation and consumption. As a result, microfinance has gained great popularity in poverty alleviation, women empowerment, and community development strategies. However, measuring with "empowerment" and liberation is a particularly difficult task.