Systematic Review Of Women Empowerment Using Microfinance Programs And Self-Help Group (Shg)

Abstract

Women are the bridge between civilizations and the mothers of all races. Endurance, persistence, love, kindness, understanding and compassion are the best qualities that women possess. Although they make up 50% of the world's population, women contribute less than 50 percent of their income to men. Women are excluded from most inclusive initiatives developed by governments. Gender equality and women's empowerment are critical to the country's progress. Economic reforms have helped the government progress, but the weak and vulnerable, especially women, have been left behind. Development and the livelihoods of poor women in the context of employment generation, this paper attempts to assess the situation of women's empowerment and rights using microfinance and SHG. Thus women started earning money. Nowadays, women are contributing significantly to developing every section of the country. The economic status of women will rise through employment opportunities. Microfinance is a tool for economic success that provides the most disadvantaged access to savings and investment opportunities. Microfinance includes non-financial services such as education and mentoring and financial services such as lines of credit, savings accounts, coverage and remittances.This paper makes an attempt to evaluate the effectiveness of microfinance on empowerment of women in Rohilkhand region. Sample of 500 respondents is taken and the findings of this study reveal that microfinance is a powerful tool in enhancing women empowerment for its all indicators.