Gender Equality and the Empowerment of Women

Empowerment of women is one of very important issue in developing countries. As women are integral part of society, her status and participation in decision making as well as economic activities is very low. Microfinance plays very important role in improving women decision making by contributing in economic activities Funding for micro-finance programmes is set to increase further in the years to come, also with the intention to promote gender policies.

The access to micro-finance services (credit, savings, insurance and pensions) is still highly unequal between men and women.

The analysis suggests that women constitute the largest pie of the clientele of microfinance programs at the global level. Broadly, these programs have worked within two paradigms which aim at (1) poverty alleviation and (2) empowerment of women within the feminist discourse.

Over the years various efforts have been made by many Government and Non-Government organizations to promote women empowerment especially in rural areas. One such effort is the microfinance intervention. Microfinance institution aims to provide credit to the poor who have no access to commercial Banks.

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The present paper is an attempt to study the role of microfinance intervention in promoting women empowerment in rural India. To check the various schemes under which the micro finance tool is apply and the progress of this program the help of various data provided by the government and other institutions is included in this study. With the help of this paper it is suggested that education facilities and family protection must be provided in proper way.

Microfinance institutions should strengthen and expand their support to resource.