International Journal of Financial Management and Economics
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E-ISSN: 2617-9229|P-ISSN: 2617-9210
International Journal of Financial Management and Economics
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Vol. 6, Issue 2 (2023)

Microfinance and women’s empowerment


Dr. Vinod Kumar Rajwanshi

Microfinance is a Important provision of financial services releasing to saving no access to low-income poor household having no access to formal financial organisations. It has been instrumental in removing poverty of the society, empowering the socially low- income bracket people, locating gender related issues and for promoting the society. Microfinance has hence developed as important tool for insuring economic and social upliftment and empowerment to the low- income poor people of the society. In India Microfinance has played key role in gender and development strategies due to its relationship of both poverty alleviation and empowerment of women. A woman is the most significant elements of society and is playing a pivotal role in the socio-economic development of Bihar. Microfinance programs like the SHGs in India have been promoted for positive impact on poverty alleviation and women empowerment.
Pages : 188-191 | 61 Views | 24 Downloads


International Journal of Financial Management and Economics
How to cite this article:
Dr. Vinod Kumar Rajwanshi. Microfinance and women’s empowerment. Int J Finance Manage Econ 2023;6(2):188-191. DOI: 10.33545/26179210.2023.v6.i2.386
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