Microfinance and Women Empowerment in Hosur
Journal: International Journal of Science and Research (IJSR) (Vol.11, No. 10)Publication Date: 2022-10-05
Authors : Boopathy M.; Balakrishnan A.;
Page : 177-179
Keywords : Microfinance; Women Empowerment;
Abstract
Globally millions of women suffering severely due to exorbitant interest rate on loan borrowed from money lenders to run their entrepreneurial activities for their survival due to lack of resources and opportunities to access financial resources from formal financial institutions before the intervention of microfinance in the women?s life. This study Microfinance on Women Empowerment in Hosur at Mathigiri conducted with the objective to know the satisfaction of woman on microfinance services and their economic empowerment due to access of microcredit. The present study based on descriptive statistics using primary and secondary data. The study discovered that accessing microcredit given relief to poor women from their financial odds and hardships faced and then empowered economically. Finally the study concluded that woman is satisfied with services rendered by Microfinance Institutions in Hosur.
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