Strengthening Women-Led Enterprises: Institutional Financing Support In Tamil Nadu And Karnataka

Abstract

This study examines the dynamic role and contributions of various financial institutions and government agencies, highlighting their lending schemes in supporting the growth of small-scale women entrepreneurs in Tamil Nadu and Karnataka. Using an empirical research approach, data were gathered from the districts of Tirunelveli, Theni, Virudhunagar, and Dharmapuri in Tamil Nadu, and Mandya, Udupi, Bagalkot, and Raichur in Karnataka. A structured interview schedule and stratified random sampling method yielded samples of 463 women-led SSIs from Tamil Nadu and 423 from Karnataka. Statistical analyses, including percentage analysis, rank tests, chi-square tests, and t-tests, reveal variations between small-scale women entrepreneurs across both states regarding awareness and satisfaction with the diverse lending schemes provided by financial institutions and support agencies. Findings show that many entrepreneurs have accessed financial assistance through these schemes and express high satisfaction. Overall, both Tamil Nadu and Karnataka report strong fulfilment with the general services offered. It is recommended that government agencies actively monitor the effectiveness of training programs to ensure they reach and benefit the intended women entrepreneurs.