Digital Financial Literacy and Women Entrepreneurial Empowerment: An Empirical Study

Mrs. Aparna Tripathi; Prof. Anurag Agarwal

doi:10.69980/redvet.v25i2.2338

Mrs. Aparna Tripathi
Prof. Anurag Agarwal

DOI: https://doi.org/10.69980/redvet.v25i2.2338

Keywords: Digital Financial Literacy, Women Entrepreneurship, Financial Inclusion, Digital Economy, Gender Empowerment,

Abstract

Digital transformation has fundamentally reshaped financial ecosystems across the globe. In developing economies such as India, digital financial services have emerged as powerful tools for financial inclusion and entrepreneurial growth. However, despite various policy interventions, women entrepreneurs continue to face structural, socio-cultural, and technological barriers in accessing and effectively utilizing digital financial platforms. This study investigates the role of Digital Financial Literacy (DFL) in enhancing entrepreneurial performance, financial autonomy, and inclusion among women entrepreneurs in India.

The research integrates gender empowerment theory, financial inclusion frameworks, and digital capability perspectives to develop a comprehensive conceptual model linking digital financial literacy with entrepreneurial outcomes. Using a structured questionnaire-based empirical framework, the study proposes hypotheses examining the relationship between DFL, financial decision-making, access to credit, operational efficiency, and business growth.

Findings suggest that digital financial literacy significantly improves women’s financial autonomy, business sustainability, and credit accessibility. However, socio-economic factors such as education, digital infrastructure, and institutional support moderate this relationship. The study contributes to the literature by bridging gender studies, digital finance, and entrepreneurship research. Policy recommendations emphasize gender-sensitive digital training, fintech partnerships, and institutional ecosystem development.

The study concludes that digital financial literacy is not merely a technical skill but a transformative empowerment mechanism capable of fostering inclusive and sustainable economic development.

Author Biographies

Mrs. Aparna Tripathi

Research Scholar, Department of Commerce, Swami Shukdevanand PG College, Shahjahanpur

Affiliated to M.J.P. Rohilkhand University

Prof. Anurag Agarwal

Head and Vice Principal, Department of Commerce, Swami Shukdevanand PG College, Shahjahanpur

Affiliated to M.J.P. Rohilkhand University

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