Micro Finance Role in Empowering Women of Telangana Region’s Rural SHG

Abstract

Empowerment is the power given to or acquire by an individual or group for the self determination and autonomy. It enhances the level of confidence and determination to prove the mettle and bring out the hidden performance and talent in someone. Micro finance is also not different from this which would make the self help group self sufficient and confident enough in doing some business related activity, which improves way of livelihood of people and an entrepreneur as a whole. Recent history is very well evident regarding role of micro finance in uplifting weaker sections of society to great extent, and has improved the life style and standard.

Purpose – The reason of the study is to find out the job of micro finance in empowering Indian women category, especially while the entire world is facing severe financial crisis and funds allocation plays a significant role.

Data / Design/ Methodology/ Approach – the data collected and treated properly by using statistical tools and SPSS

Findings – in the findings it was found that most of the women believed that micro finance facility brought a significant change in their lives as they could give the push to their small businesses.Originality / Value – the research was conducted keeping the research ethics in mind, and seen that data collected is genuine and authentic