Socioeconomic Development on Poverty Alleviation of Women Entrepreneurship

Abstract

In many developing and affluent countries, poverty alleviation has been the prime goal of promoting socioeconomic status. The Government's attempt to curb poverty includes promoting monetary-generation projects, providing facilities to raise the standard of living, and executing the programs to teach positive values for these underprivileged. The research seeks to uncover decisive aspects of socioeconomic improvement of poverty alleviation in women entrepreneurship. Data of 300 women entrepreneurs from three different states in Malaysia participated in the study. We have analyzed the research data through PLS-SEM to examine the formulated hypotheses. It indicates microfinance waste strongest predictor of poverty alleviationin Malaysia.