A Study on Role of Micro finance in Women Empowerment

Paper ID: EIJTEM_2025_12_4_284-286

Author's Name: P.REKHA, S.Jeeva Shree, T.Gayathri

Volume: 12

Issue: 4

Year: 2025

Page No: 284-286

Abstract:

In India’s journey toward inclusive development, one of the most transformative tools for empowering women in rural and semi-urban areas has been microfinance. By providing small, collateral-free loans and financial services, microfinance has become a powerful instrument for boosting economic independence, decision-making power, and social mobility among women. Microfinance refers to a range of financial services—including microcredit, savings, insurance, and financial training—provided to low-income individuals or groups, primarily women, who do not have access to traditional banking. The primary objectives of microfinance in women's empowerment are to achieve economic independence, increase decision-making power, enhance self-confidence and social status, and improve overall household well-being.

Keywords: Micro finance, Women Empowerment

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