Micro – Finance And Social Change-A Case Study in Hubli Dharwad
Journal Title: PARIPEX-Indian Journal of Research - Year 2016, Vol 5, Issue 3
Abstract
Micro-credit, which includes micro savings, is gradually emerging as one of the most effective strategies to alleviate poverty. It can effectively generate employment and sustain the income of the household by giving them opportunities to work. Micro-finance programmes for women are promoted not only as a strategy for poverty alleviation but for women empowerment as well. It is a gradual process resulting from interaction with group members through awareness and capacity building. Capacity to undertake economic activities includes ownership and control of productive resources and alternative employment opportunities at local levels. It has been proved that economic empowerment could have a positive impact in other spheres as well, enhanced social, legal, and political status. Capacity to undertake social, cultural activities encompasses ability to participate in non-family group meetings, to interact effectively in the public sphere, to create mutual dependence and to ensure mobility and visibility.
Authors and Affiliations
Dr. KIRAN KUMAR
Keywords
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