A Study on Role and performance of Microfinance Institutions with Special Reference to Women Empowerment in India

Jyoti Maurya; K. S. Jaiswal

doi:10.21844/mijia.17.2.6

Jyoti Maurya Research Scholar, Institute of Management Studies
K. S. Jaiswal Head, Department of Commerce Former Dean and Director, Faculty of Commerce and Management studies

DOI: https://doi.org/10.21844/mijia.17.2.6

Keywords: Microfinance; Transformation; Optimism; Pioneering; Lasting; Blessings.

Abstract

In India, Microfinance as a pioneering sector for exclusive women group holding responsibility of finance leading to their empowerment. In fact, from decades Microfinance generating and serving a wave of optimism among women beneficiaries and marked a turning point with transformation itself maintaining long term economic growth in an economy. Microfinance act as blessings by offering varieties of financial services that proves lasting solutions especially to the poor sections of rural women which leads to create new jobs and improve their lives. In this Research Paper, Researcher divided the present study into two parts. In Part one Researcher try to cover the present status of microfinance institutions and their performance with Self- Help Groups during the year from 2017-18 to 2019-2020.And Part two cover the recommendations and conclusions for microfinance institutions.