Writing Resources
Impact Of Micro Finance On Women Empowerment A Comparative Study Of Urban Rural Areas Beneficiary With Reference To Durg District Of Chhattisgarh 2 INTRODUCTION Over the last few decades hundreds of scheme and laws have been introduced for the betterment of women to make them socially economically and psychologically strong There is no denying fact that women are the backbone of any family and society We cannot progress any nation if we ignore their capabilities To build a strong nation the society has to be conductive and encouraging their efforts Indian Government is continuously supporting their Endeavour and that is why they are continuously promoting women empowerment Due to which various micro-financing program and SHGs has been introduced to support poor women for the sustainability of their livelihood
Microfinance is a concept initiated by Md Yunus in the late 1970s with Grameen bank model of Bangladesh In India Microfinance sector is growing rapidly where this concept acts as a tool for improving the standard of living among poor Despite these efforts a majority of poor population are still excluded from various financial services To fetch this gap microfinance institution came with the concept to offer a wide range of financial services for providing small loans money transfer insurance and many more other facilities Microfinance Institutions are working to improve the economic and social status of Indian women In India gender in equality is a major problem Women face various gender-specific barriers in various areas like employment education health etc Though women empowerment is one of the major areas in which micro finance deals
