Empowering Women Entrepreneurs: A Study on Challenges, Opportunities, and Growth Potential in Sivagangai District, Tamil Nadu
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Abstract
Women entrepreneurship is a transformative force for inclusive economic development, particularly in emerging rural economies like Sivagangai district in Tamil Nadu. This study investigates the socio-economic profile, business challenges, support mechanisms, and growth prospects of women entrepreneurs in the region. A structured questionnaire was administered to 150 respondents, and the data were analyzed using SPSS tools including descriptive statistics, chi-square tests, ANOVA, correlation, regression analysis, factor analysis, and structural equation modeling (SEM). The findings highlight a strong desire among women to achieve financial independence, yet they face significant barriers such as limited access to credit, insufficient training, and social constraints. However, government schemes, microfinance, and self-help groups (SHGs) show potential as enablers of growth. The study proposes strategic interventions to bridge the gap between aspiration and achievement, and emphasizes the importance of a holistic support ecosystem to foster sustainable women-led enterprises in rural areas. The results offer valuable insights for policymakers, NGOs, and stakeholders aiming to strengthen women entrepreneurship at the grassroots level.