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Among the main objectives of microfinance intervention is to help women entrepreneurs grow their businesses andhence enhance their socio-economic well-being. The study therefore was conducted to assess the effect of microfinance on socio-economic well-being of women (or women empowerment) SPSS was used to run regression to examine the correlation between microfinance and profit and hence economic well-being of the women entrepreneurs. It was found that microfinance indeed has a direct correlation with Profit and hence socio-economic well-being of women (women empowerment). Stated differently it was revealed that Microfinance has positively impacted on the women's Profit, businesses and hence their socio-economic-wellbeing. However, there was a reasonable percentage of respondents who indicatedthat microfinance has rather made them worse off. Contribution/ OriginalityThe study contributes to existing literature in the area of microfinance and women empowerment.

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