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@article{180275,
author = {Dr. G.SURESH},
title = {A Study on Impact of Microfinance in Socio-Economic empowerment of Women in Chengalpattu District},
journal = {International Journal of Innovative Research in Technology},
year = {2025},
volume = {12},
number = {1},
pages = {704-707},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=180275},
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 = {June},
}
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