Empowerment of Women through Microfinance in Chikmagalur District of Karnataka

Abstract

The present study was carried out to analyse the indicators of women empowerment and evaluate the effectiveness of microfinance on women empowerment. Empowerment indicators were identified and analysed based on the responses of 60 SHG (Self-Help Group) women in Mudigere Taluk of Chikmagalur District of Karnataka state. The findings pointed the impact of microfinance on women empowerment based on women empowerment indicators using five-point Likert scale. It was concluded that women’s participation in microfinance empowers them in family, social and economic security in terms of decision making, mobility, ownership of assets and independent savings.

Keywords

• Microfinance, Women Empowerment, Self Help Group, Empowerment Indicators; Karnataka