Role of Microfinance in Women Empowerment

Author(s)	Dr. Vinod Shankar Bhelose, Ms. Sakshi Sudhakar Bhise
Country	India
Abstract	The study attempts the role of microfinance in fostering women's empowerment in the rural areas. Microfinance, particularly through Self-Help Groups (SHGs), has emerged as a significant instrument for enhancing women's economic, social, and psychological well being. The study aims to assess women’s empowerment in terms of Economic, Social, and Overall Empowerment, the degree of freedom and decision-making among women members, challenges faced, and the overall impact on their empowerment. A structured survey was conducted among 112 women beneficiaries. The result of the study point out that access to microfinance significantly improves women's income levels, social participation, decision-making confidence, and financial independence.
Keywords	Microfinance, Women’s Empowerment, Self Help Group (SHGs)
Field	Sociology > Administration / Law / Management
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-06-19
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.48661
Short DOI	https://doi.org/g9qw9c

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