MIROFINANCING SERVICES FOR

WOMEN

SUBMITTED BY : DIVYA GUPTA

ROLL NO. : 1130
 WHAT IS MICROFINANCE ?

 Microfinance is a type of banking services that is

provided to unemployed or low income individuals or
group who would otherwise have no other means of
gaining financial services.
 Ultimately the goal of microfinance is to give low
income people an opportunity to become self
sufficient by providing a means of saving money,
borrowing money and insurance.
ROLE OF MICROFINANCE IN WOMEN’S
EMPOWERMENT

 ECONOMIC EMPOWERMENT
 SOCIAL EMPOWERMENT
 EDUCATION SKILL AND TRAINING EMPOWERMENT.
 MICROFINANCE PRODUCT AND
SERVICES

 MICRO LOANS/MICRO CREDIT

 MICRO SAVINGS
 MICRO INSURANCE
 ADVANTAGES

 Small loans to people having little or no asset.

 Better loan repayment rates.
 Extending education
 Improved health and welfare.
 Job opportunities.
 DISADVANTAGES

 Women sometimes have little or no control over their

loan with their husband or male family member,
making all decisions.
 Women may also struggle with the heavier workload
created by the responsibility for loan repayment.
 FINDINGS

 Provides opportunities for all sections of the society

 Women can make it a career
 It is not popular due to unawareness.
 Interest rates are higher as compared to the income
group they target.
 SUGGESTIONS

 Educating people
 Advertisement
 Creating network chains to expand business in rural
areas.
 O U
K Y
A N
T H