Role of microfinance in developing small-medium enterprise (SME) businesses

Abstract

This study examines how microfinance institutions (MFIs) in the Delhi/National Capital Region have changed over time and what that has meant for the growth of micro, small, and medium-sized businesses (MSMEs)”. “Seeing a need, this research set out to investigate how microfinance institutions affect the expansion and development of small and medium-sized businesses. About 400 respondents were surveyed, and 221 full questionnaires were returned using a random sample process. Using the statistical software for the social sciences (SPSS), the collected data from the respondents was examined and interpreted.