Exploring the Role of Microfinancing, Opportunities, and Risk in Women Entrepreneurship development: A study of Balochistan, Pakistan

Women play a central role in economic development of any country, but despite this fact, still women are far behind in performing this role. There are many obstacles such as poverty, unemployment, lack of finance, risk of loss, limited opportunities, and high illiteracy. The core objective of this research study is to explore the role of microfinancing, opportunities, and risk for the development of women entrepreneurship, and to identify the problems of women entrepreneurship in Balochistan, Pakistan. This is an exploratory approach based on primary data, collected through survey method by distributing questionnaires to women entrepreneurs in district Quetta. Employing snowball sampling method for cross sectional, data gathering, which is empirically analyzed by correlation and regression technique. The results highlighted the impact of socio-cultural factors, education, experience, and lack of finance on women entrepreneurship in the province. The findings underline the need of microfinance institutions (MFI's) to develop improved strategies that encourage women business development, ultimately contributing to poverty reduction and increasing economic independence among women entrepreneurs of Balochistan.