Invertis Journal of Management
  • Year: 2022
  • Volume: 14
  • Issue: 1

Impact of Issues and Challenges in Micro Finance in India on Rural Women Empowerment

  • Author:
  • S. Ruqiya Firdous
  • Total Page Count: 5
  • Published Online: Jun 30, 2023
  • Page Number: 13 to 17

Ph.D. Research Scholar, D.K.M. College for Women Autonomous, Vellore-632001, Tamil Nadu, India, Email id: rf240897@gmail.com

Online Published on 30 June, 2023.

Abstract

Micro Finance for the poor arid girls has received in depth recognition as a strategy for poorness and for girls’ economic direction. It has been detected that ladies especially stand to form small Finance as a result of it provides them Associate in Nursing freelance suggests that of generating wealth and changing into dependent during a society that doesn’t provide them a lot of scope for entrepreneurship. Girls in rural Asian countries are virtually isolated, unable to access even the. Most elementary services. But, with the formation of ladies Groups (SHGS), these girls are a unit currently achieving social and physical quality. It’s recognized that direction of ladies may be a method that may not happen mechanically, SHG may be an appropriate suggestion that direction of ladies notably. This paper explains the requirements and challenges that are a unit two-faced by the poor folks in A sian countries and providing them monetary help, in the manner of microcredit to start out their own little busines ses, so that they will generate financial gain and supply for his or her families. The study explores some evident problems, challenges and offers some suggestions to make small finance simpler. Hence, governments run batted in and varied MFI’s need to face varied challenges and to beat these challenges and problems some preventive measures also are taken by these monetary bodies in order to supply advantages to the poor folks and people of the society.

Keywords

Micro finance, SHG, Women empowerment