Seminar 2013

1. Microfinance : A step towards
Women Empowerment
Submitted To: Dr.(Mrs.) Vishakha Bansal
Submitted By: Ms. Nishu Kanwar Bhati

2. Microfinance
“Microfinance” is often defined as financial
services for poor and low-income clients
offered by different types of service
providers.
Microfinance is a key strategy for poverty
alleviation and women’s empowerment, and
for these government officials, donors and
NGO’s link directly with micro finance.
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3. Features of Microfinance
Loan are given without security
Loans to those people who live BPL (Below
Poverty Line)
Every members of SHG enjoy Micro Finance
Maximum limit of loan under micro finance
₨25,000/-
The terms and conditions given to poor
people are decided by NGOs
Micro Finance is different from Micro Credit-
under Micro Credit, small amount of loans
given to the borrower but under Micro
Finance besides loans many other financial
services are provided such as Savings A/c,
Insurance etc
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4. Microfinance Institutions
Microfinance institutions are
nongovernmental organization committed to
offer microcredit and only take back small
amount of savings from their own
borrowers, not from the general
public.( Blaine S, Hind T (2006))
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5. Service Providers
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7. Importance for rural women
empowerment
Their access to credit is vital for their
effective participation in economic
development .
Given women the confidence to undertake
activities requiring a lot of capital.
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8. Alternatives to moneylenders and with
opportunities to build or expand household
enterprises.
Micro-credit programme works through
NGOs/ SHGs .
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9. Impact on rural women empowerment
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11. Advantages
Enables the rural poor to save.
Liberation from the clutches of
moneylenders.
Better health and education.
Loans for production purposes .
Active role in social, political and economic
issues effecting self.
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12. Threats
Slow saving mobilization due to systematic
problems.
Emphases on savings linked to credit.
Rural women sometimes becomes unpaid
debt collectors .
Some time women have to be ‘secret
savers’.
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13. Overcoming threats
Assimilation
Self Governess
Port folio diversification
Micro savings
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14. Government schemes
NABARD
SIDBI
In the field of agriculture .
In the field of Industry, Service and
Business (ISB).
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15. Conclusion
Through the mean of microfinance
women’s access to credit has
increased their self reliance and
productivity, as well as demonstrating
their potential; all which has had a
very positive multiplier effect on the
family and the local community.
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