Socio economic empowerment of women through micro enterprises (MFIS & SHGS): An inclusion perspective
Author(s): Dr. M. Julias Ceasar
Abstract: Micro-finance approach can be considered as an alternative solution to provide financial services to the under privileged sections of the society and more particularly the women. This attribute has encouraged them to be members of micro finance institutions which lead to the emergence of the concept called inclusion leading to inclusive growth. Thus a study on financial inclusion and economic empowerment of women through micro finance has become important and necessary. The most important one is women’s empowerment through Self-help groups as the SHGs have undoubtedly begun to make a significant contribution in poverty alleviation and empowerment of poor, especially women in rural areas of our country. Investing in women’s capabilities and empowering them to achieve their choices and opportunities is the definite way to contribute to the economic growth and the overall development of the family, village, state and nation as the empowerment of rural women leads to benefit not only individual women and women groups, but also the families and the community as a whole. The present study is a critical attempt to analyze the socio-economic development of the members and the performance of the SHGs in financial inclusion and economic empowerment of women through micro finance in Tiruchirappalli district.