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Title: THE IMPACT OF MICROFINANCE ON THE EMPOWERMENT OF RURAL WOMEN INDIA
Authors: Dr. Abbanapuri Yakaiah (PDF)
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Dr. Abbanapuri Yakaiah (PDF) Doctoral Fellow, Kakatiya University, Warangal, Telangana
MLA 8 Yakaiah, Dr. Abbanapuri. "THE IMPACT OF MICROFINANCE ON THE EMPOWERMENT OF RURAL WOMEN INDIA." Int. j. of Social Science and Economic Research, vol. 4, no. 4, Apr. 2019, pp. 2986-2994, ijsser.org/more2019.php?id=222. Accessed Apr. 2019. APA Yakaiah, D. (2019, April). THE IMPACT OF MICROFINANCE ON THE EMPOWERMENT OF RURAL WOMEN INDIA. Int. j. of Social Science and Economic Research, 4(4), 2986-2994. Retrieved from ijsser.org/more2019.php?id=222 Chicago Yakaiah, Dr. Abbanapuri. "THE IMPACT OF MICROFINANCE ON THE EMPOWERMENT OF RURAL WOMEN INDIA." Int. j. of Social Science and Economic Research 4, no. 4 (April 2019), 2986-2994. Accessed April, 2019. ijsser.org/more2019.php?id=222.
References [1]. Asiamah, J.P. and Osei, V. (2007) Microfinance in Ghana; an Overview Research Department Bank of Ghana, Accra. [2]. Frey,L.R, Botan,C.H. and Kreps,G.L. (2000) Investigating communication, An Introduction to Research Method, 2nd Edition, Allyn and Bacon, New York, pp.85-100 Ghana Poverty Reduction strategy 2003-2005. An Agenda for Growth and prosperity. [3]. Bansal, Hema.Self Help Bank Linkages in India - An overview. Journal of Microfinance,5(1): 21-49. 2003 [4]. Empowering Women Through Micro Finance - Susy Cheston & Lisa Kuhn. [5]. G.T. Govindappa & Geetha N, Micro finance & women empowerment, The Indian journal of commerce. 2008. [6]. Manish Kumar, Narendra Singh Bohra and Amar Johari, (2010), Micro-Finance as an Anti Poverty Vaccine for Rural India, International Review of Business and Finance. [7]. Micro Economic Analysis- Prof. Seth [8]. Micro Finance- ICFAI Publication. [9]. Women Empowerment Through Micro Finance - A Boon For Development - Tiyas Biswas. [10]. World Development Report, 1995 - UNDP. [11]. http://www.hurriyetdailyews.com [12]. http://www.ripublication.com/irbf.htm [13]. http://www.epw.com
Abstract: The main objective of microfinance scheme or programme is to provide opportunity for the poor to access financial services in order to engage in income generating activities. This as it were, would lead to economic empowerment of the poor women who are deprived of the paid jobs. However, there has been a debate in recent times on whether these MFIs really provide the opportunity for women who forms majority of the poor all over the world to assess financial services thereby improving their welfare. The study therefore sought to assess whether products of MFIs have really contributed to the growth or otherwise of women entrepreneurs thereby empowering them economically. Simple random sampling techniques were employed in selecting the sample. The main research instruments used in the study were structured questionnaire and interview. The study revealed that even though MFIs have to some extent empowered rural women economically, its full benefit is yet to be realized by these women due to its high interest rate, inflexible payment schedule, group formation etc. Microfinance, the provision of financial services to the poor in a sustainable manner, utilizes credit, savings and other products such as micro insurance to help families take advantage of income-generating activities and better cope with risk.

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