“…A similar study is presented in Ashe (2002) and Aoki and Pradhan (2013). There are many other scholarly articles that study issues from poverty to women empowerment, to business expansion and employment generation in a variety of contexts (Ghimire et al, 2017;Ghimire et al, 2019;Kulkarni, Azam, & Gaiha, 2017;Ngala, 2017;Peters, 2017;Sharma, 2007). A survey of the issues covered in microfinance research, as presented in literature such as Banerjee 2013; García-Pérez, Fernández-Izquierdo, and Muñoz-Torres (2020); Gutiérrez-Nieto and Serrano-Cinca (2019), etc., does not indicate works that perform perception analysis and this paper attempts to fill that gap.…”