Breaking Barriers: Digital Transformation and Financial Inclusion for Women-Led Small and Medium Enterprises (SMEs) in Emerging Economies

Women entrepreneurs in emerging economies face systemic challenges in scaling their Small and Medium Enterprises (SMEs), including limited access to finance, digital illiteracy, and socio-cultural constraints. Despite contributing significantly to economic growth and employment, women-led SMEs remain underserved by traditional financial systems and technological advancements. This study explores the dual role of digital transformation (e-commerce, mobile banking, AI-driven tools) and financial inclusion (fintech, microfinance, government schemes) in bridging these gaps. Using a mixed- methods approach—combining case studies from India, Nigeria, and Bangladesh with macro-level data analysis—the paper identifies key barriers and innovative solutions empowering women entrepreneurs. The findings highlight how digital platforms can reduce gender disparities in SME growth while proposing policy recommendations to enhance accessibility, training, and institutional support. By linking technology, gender, and development economics, this research contributes to the broader discourse on inclusive growth and sustainable development in emerging markets.