{"id":4510,"date":"2026-04-21T18:29:57","date_gmt":"2026-04-21T18:29:57","guid":{"rendered":"https:\/\/oidaijsd.com\/?page_id=4510"},"modified":"2026-04-21T18:31:28","modified_gmt":"2026-04-21T18:31:28","slug":"volume-19-issue-05-pg-273-288-2026","status":"publish","type":"page","link":"https:\/\/oidaijsd.com\/?page_id=4510","title":{"rendered":"Volume 19, Issue 05, Pg. 273-288, 2026."},"content":{"rendered":"

OIDA International Journal of Sustainable Development<\/strong>
\nOpen-access peer-reviewed journal\u00a0<\/strong><\/p>\n

https:\/\/doi.org\/10.64211\/oidaijsd190520<\/a>
\n\"\"<\/p>\n

Role of Microfinance in Promoting Social Innovation through Women’s Empowerment in Emerging Economies: Systematic Literature Review and Meta-Analysis
\n<\/strong>
\nC. B. Heenkenda 1<\/sup>, M. L. Kalinga 2
\n<\/sup><\/strong>1,2<\/sup> Department of Economics and International Center for Multidisciplinary Studies,
\n<\/span>Faculty of Humanities and Social Sciences, University of Sri Jayewardenepura, Sri Lanka.
\n*<\/sup>Corresponding authour: <\/span>shiran@sjp.ac.lk<\/a>, <\/span>malshakalinga@sjp.ac.lk<\/a><\/p>\n

Volume 19, Issue 05, Pg. 273-288, 2026<\/p>\n

Abstract: <\/strong>Microfinance has emerged as a strong driver of social innovation, particularly in developing countries where the underprivileged groups are regularly faced with overwhelming economic and social challenges. This Systematic Review and Meta-Analysis comprehend the capacity of microfinance to drive social innovation, specifically measuring its impact on women’s empowerment. Through providing access to microfinance initiatives, microfinancial institutes enable individuals, especially women, to start and grow businesses and thereby enhance household income, the education of children, and the health of the overall family, which leads to their empowerment. The review synthesizes findings from multiple studies by giving its specific attention to how microfinance as a social innovation has empowered women in developing economies. By following a review of the previous 187 studies, the researchers selected 20 articles to analyse, which examined the contributing factors and associated metrics of the role of microfinance in women’s empowerment. Through the utilization of R software to perform the meta-analysis, the researchers have systematically synthesised the results of the previous studies. Further, it identifies prevalent obstacles like high interest rates, lower levels of financial literacy, and regulatory hurdles. The study offers valuable implications to both practitioners and policymakers, highlighting the necessity of supportive environments for expanding the social innovations driven by microfinance. It further emphasizes how revolutionary microfinance could be in solving societal issues while fostering long-term social innovation in emerging nations.<\/p>\n

Keywords:<\/strong> Microfinance, Social Innovation, Women Empowerment, Systematic Review, Meta-analysis<\/p>\n

Full-text paper download here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

OIDA International Journal of Sustainable Development Open-access peer-reviewed journal\u00a0 https:\/\/doi.org\/10.64211\/oidaijsd190520 Role of Microfinance in Promoting Social Innovation through Women’s Empowerment in Emerging Economies: Systematic Literature Review and Meta-Analysis C. B. Heenkenda 1, M. L. Kalinga 2 1,2 Department of Economics and International Center for Multidisciplinary Studies, Faculty of Humanities and Social Sciences, University of Sri Jayewardenepura, Sri Lanka. *Corresponding authour: shiran@sjp.ac.lk, malshakalinga@sjp.ac.lk Volume 19, Issue 05, Pg. 273-288, 2026 Abstract: Microfinance has emerged as a strong driver of social innovation, particularly in developing countries where the underprivileged groups are regularly faced with overwhelming economic and social challenges. This Systematic Review and Meta-Analysis comprehend the capacity of microfinance to drive social innovation, specifically measuring its impact on women’s empowerment. Through providing access to microfinance initiatives, microfinancial institutes enable individuals, especially women, to start and grow businesses and thereby enhance household income, the education of children, and the health of the overall family, which leads to their empowerment. The review synthesizes findings from multiple studies by giving its specific attention to how microfinance as a social innovation has empowered women in developing economies. By following a review of the previous 187 studies, the researchers selected 20 articles to analyse, which examined the Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/oidaijsd.com\/index.php?rest_route=\/wp\/v2\/pages\/4510"}],"collection":[{"href":"https:\/\/oidaijsd.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/oidaijsd.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/oidaijsd.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/oidaijsd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4510"}],"version-history":[{"count":1,"href":"https:\/\/oidaijsd.com\/index.php?rest_route=\/wp\/v2\/pages\/4510\/revisions"}],"predecessor-version":[{"id":4512,"href":"https:\/\/oidaijsd.com\/index.php?rest_route=\/wp\/v2\/pages\/4510\/revisions\/4512"}],"wp:attachment":[{"href":"https:\/\/oidaijsd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}