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@article{177568,
        author = {D. SATHYAKALA and Dr. R SORNA PRIYA},
        title = {A Study on Impact of Microfinance in Socio-Economic empowerment of Women in Virudhunagar District},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {12},
        pages = {1345-1348},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=177568},
        abstract = {Women’s empowerment is a key factor in the world level development process. Poverty and Illiteracy acts as a hindrance to their empowerment. Social empowerment facilitates positive impact in decision making and involvement in family and societal activities. Economic empowerment facilitates increase in their ownership of assets and enhances their income. This study aims to investigate the impact of microfinance on empowerment of women in both the social and economic aspects. Microfinance is considered as an effective instrument in boosting their empowerment by providing an independent saving account and able to obtain loans without any collateral and provides training in financial and non-financial areas. It has a positive impact in the development of women’s exposure to become an entrepreneur and able to work independently. Self Help Group and Joint Liability Groups serve as a crucial factor in the aspect of socio-economic development of women.},
        keywords = {Microfinance, Self Help Groups, Joint Liability Groups},
        month = {May},
        }