Abstract:
Finance always plays a crucial role in the world of entrepreneurs. When, the entrepreneurs are especially the
woman, who do not have collateral to offer for availing loan from formal financial institutions, then comes the
major role played by the Micro Finance Institutions in providing finance. This paper has focused on the role
of Micro Finance Institutions in changing the socio-economic status of the women entrepreneurs by
providing finance to them. The sample size of 100 was taken for the purpose of the study, who belong to two
different development blocks of Sonitpur district of Assam. The sampling unit were consisting of the women
entrepreneurs, who were also the beneficiaries of Micro Finance Institutions. The collected data were analyzed
with the help of SPSS for obtaining results. The results have shown that Micro Finance Institutions have
played a positive role in changing the socio-economic status of women entrepreneurs. Moreover, the recent
changes in the framework of Micro Finance Institutions have also been incorporated in this study, so that a
better understanding can be obtained regarding the regulatory framework and new development in this
sector.
