Women Empowerment Through Microfinance

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Empowerment of women has a decisive role in eradication of poverty through micro finance. Women’s participation in income generating activities is believed to enhance their status and role not only in the family but also in the society. At the end of the ninth plan, various schemes were implemented to reduce poverty and to promote gainful employment. One such attractive scheme with less effort is that of the self help groups (SHG’s). These SHGs have been considered as an effective tool to eradicate poverty through microfinance and spurt up rural development.