Entrepreneurship and non-government mfis: With reference to skill development of women entrepreneur

Indian women of today have come out of the four walls of the kitchen and are more willing to take up entrepreneurial activities. Women today want more economic independence, their own identity, achievements, equal status in the society and greater freedom. Further, many women have proved that they are more productive than men in contributing to the growth of the economy. Microfinance program has further helped them in investing their income and also undertaking the income-generating activity. Just as we need two hands for the smooth functioning of human work, similarly both men and women should be involved in productive activities to build a strong nation. Besides this India has been suffering from problem of unemployment and under employment since long. To mitigate this problem, women are needed not only to generate employment, but also to provide employment to others. As entrepreneurial activities create additional wealth, solve the problem of unemployment and poverty. So, the development of Entrepreneurship among women, particularly among rural women, will believe to strengthen the rural economy in particular and national economy as a whole. Increasing the amount of savings through Self Help Groups can develop the self-reliance of the women. The present study tries to understand how non-government micro finance institutions in Uttar Pradesh function and operate the microfinance programmes. The major parameters considered for study of operational efficiency of non-government micro finance institutions are in terms of number of clients, Years in Microfinance, Management, Profitability and Sustainability of Operation.