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Impact of Micro Financing in Promoting Women Micro Entrepren

Micro financing has been revolutionizing the rural economy through the self-help groups. The success of the concept of micro credit through self-help groups has encouraged the government to use as an instrument to address the issues of poverty and unemployment. Given that SHG is a movement which ult...

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Bibliographic Details
Main Author: Manimekalai, N
Format: Article
Language:English
Published: 2005
Subjects:
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Summary:Micro financing has been revolutionizing the rural economy through the self-help groups. The success of the concept of micro credit through self-help groups has encouraged the government to use as an instrument to address the issues of poverty and unemployment. Given that SHG is a movement which ultimately leads to women empowerment, micro financing has been used to facilitate the women empowerment through promoting micro entrepreneurial activities among the women. The initial initiatives through SEWA in India, Grameen Bank in Bangladesh, have been extended to various parts of the country by NABARD. In Tamil Nadu the pilot initiative has been done by IFAD but it had withdrawn its intervention in the mid nineties, in spite of repeated request from the state government. But the government continued the initiatives through establishing a separate department under Tamil Nadu Women Development Corporation called Mahalir Thittam [Women