Microfinance Is Conducive To The Empowerment Of Women - Evidence From Chandigarh And Mohali

DOI

10.2991/978-94-6463-544-7_16How to use a DOI?

Keywords

Microfinance; Microcredit; SHGs (Self Help Groups); Gender Equality; Women Empowerment; No poverty

Abstract

Today, women workers contribute significantly to the economic prosperity and sustainability of their families, communities, and the globe at large. Microfinance plays a crucial role in enabling women to take part in all aspects of society. This leads most countries to believe that it is a major provider of services. The most economically disadvantaged members of the victors’ military forces have access to micro-finance through self-help groups (SHGs), which allow them to save and invest. As a group, the self-helpers have been on the increase, and this has given them a platform from which to showcase their talents to the rest of the country in an empowering gesture. Research presented in the microfinance fund has sought to alleviate problems and provide rural women and other low-income residents a leg up economically. Despite the fact that local companies will do their best to guide the way. When it comes to women’s empowerment, economic independence, and thriving in today’s patriarchal society, microfinance is making a big splash. Microfinance is doing a great job of empowering people and is also actively contributing to the fight against poverty. This research aims to highlight the application of SHGs and Micro Finance based on statistics analysis which is done 110 respondents (women) collected from different SHGs.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Rumit Kaur
AU  - Pardeep Kumar
AU  - Kapil Kumar Aggarwal
PY  - 2024
DA  - 2024/10/17
TI  - Microfinance Is Conducive To The Empowerment Of Women - Evidence From Chandigarh And Mohali
BT  - Proceedings of the 2nd International Conference on Emerging Technologies and Sustainable Business Practices-2024 (ICETSBP 2024)
PB  - Atlantis Press
SP  - 236
EP  - 248
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-544-7_16
DO  - 10.2991/978-94-6463-544-7_16
ID  - Kaur2024
ER  -