Study about Empowerment of Women through Self help Group
Keywords:
Microfinance, Self-Help GroupsAbstract
Empowering means enabling people especially women to acquire and possess power resources in order for them to make decisions on their own or resist decisions that are made by others which affect them. Participation and control over resources are considered as the critical indicators in the process of empowerment. Disadvantaged women especially in rural areas possess least proportions of resources and as a result they are powerless and dependent on the powerful. Historically, credit access and terms have discriminated against women (Manimekalai, 1999) due to various reasons such as inability to provide collateral, small-sized loans, high transaction costs for banks formalities.
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