The name of an honest woman

Could someone clarify the meaning of the following proverb?

The name of an honest woman is mickle worth.

(the entry in the Oxford Dictionary of English Proverbs is not very helpful)


"It's extremely valuable to have a reputation as an honest woman."

Name - reputation (sense 3)
Mickle - great, large, much
Worth - importance or value (sense 5 or 6)