Microfinance and Women Empowerment in India

Abstract

Microfinance helps the economically backward section of the society especially women. In less developed countries like Bangladesh and India, we have seen change in economic conditions of women. Any concept of empowerment can be achieved when women are financially sound. In India, the last decade has seen a growth of Microfinance institutions across the country. Urban poor and rural poor women are witnessing signs of economic sustainability due to Microfinancing Institutions and Self Help Groups.