Dimensions of Women Empowerment Through Microfinance
Rejoice Solomon1, Ranu Sharma2
1Rejoice Solomon*, Research Scholar, Department of Management Studies, Poornima University, Jaipur (Rajasthan) India.
2Dr. Ranu Sharma, Associate Professor, Department of Management Studies, Poornima University, Jaipur (Rajasthan) India.
Manuscript received on May 23, 2021. | Revised Manuscript received on May 24, 2021. | Manuscript published on May 30, 2021. | PP: 41-43 | Volume-5 Issue-9, May 2021. | Retrieval Number: 100.1/ijmh.G1272035721 | DOI: 10.35940/ijmh.G1272.055921
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© The Authors. Published By: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Microfinance institutions’ plays a crucial role for the upliftment of rural women. Women are the key of a nation development. So in order to attain the development of a nation there is need to empower the women of our nation. Microfinance institutions have always seen as a tool of poverty alleviation as they provide the facility of financial services to the needy and the weaker section of the society without any collateral security. And it proved itself as a tool of poverty alleviation. Thus it also a vaccine for women empowerment. Empowerment of women can be done with the help of Self-Help-Group. Where 10-12 women form a group with same socio-economic background and they were trained, educated so they may uplift their family, their society and ultimately the nation as whole. The objective of this paper is to understand the different dimension of women empowerment with the help of microfinance. And from the study it was seen women should be psychologically, economically and Socially Empowered and it all comes with the help of microfinance. And microfinance proved that it a vaccine for the empowerment of women.
Keywords: Women Empowerment, Self-help-Group, Microfinance, Dimensions.