An Analysis on Impact of Microfinance Programme on Empowerment of Women in India

Abstract

-In an age of globalization and the increasing global disparity
between rich and poor, the world has seen the rise of a new and
celebrated poverty-fighting strategy in past decades. Microfinance
organizations, by definition, provide financial services to poor
entrepreneurs, most commonly small loans to help poor individuals
start or grow small businesses. The importance of empowering women
is very important for building healthier, better educated, more peaceful,
and more prosperous societies. “Study after study has shown us that
when women are fully empowered and engaged, all of the social
benefits. “Only in this way can we successfully take on the enormous
challenges confronting our world – from conflict resolution and
peacebuilding and reaching all the other Millennium Development
Goals.