Comparative Study of Economic Progression of Women before and after Availing Micro Credit

  • Dr. R. Sorna Priya
  • M. Sathiya
Keywords: Micro Insurance, Micro Credit, Working Capital

Abstract

Microcredit is a small amount of money loaned to a client by a bank or other institution. Microfinance refers to loans, savings, insurance, transfer services, microcredit loans and other financial products targeted at low-income clients. Micro finance provides opportunity to the poor for getting sufficient amount of credit easily to start any income generating activity. Least formal and official obligation made the uneducated poor comfortable to get credit. Hence the researcher involved in analyzing the economic progression of women in Sivakasi and the data is collected from 200 respondents through pre – tested interview schedule with help of simple random sampling technique. The study suggests from its analysis to enrich
their upliftment at economic level.

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References

Kamrmarkar K. G. (1999). Rural credit and self help groups, Microfinance needs and concepts in india. New Delhi, India: Sage Publications.

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Dipit Baghel, & A.K. Shrivastav. (2015). Role of SHG in socio-economic development of rural women: A study on drug district of chattisgarh, International Journal of Multidisciplinary Management Studies, 5(11), 1-23.

John Agykum Addae. (2015). Effect of microfinance on women’s empowerment: Review of the literature. ADRRI Journal of Arts and Sciences, 13(2), 1-15.

Published
2021-02-28
How to Cite
Dr. R. Sorna Priya, & M. Sathiya. (2021). Comparative Study of Economic Progression of Women before and after Availing Micro Credit. International Journal of Engineering and Management Research, 8(1), 85-93. Retrieved from https://www.ijemr.net/ojs/index.php/ojs/article/view/407