ECONOMICS OF MICROFINANCE

This book is written about Microfinance. Microfinance is a type of banking service that given to unemployed or low income individuals or groups who have no other means of gaining financial services. Microfinance through self-help groups is a good mean to combat poverty empowering women and creating awareness which in turn results in the sustainable development of the nation. Women have been the most underprivileged and neglected section of the society not only in India but in the whole world. In modern times microfinance is a powerful instrument for empowering women particularly the rural women. Keeping in the view the role of microfinance the author has made a close study of microfinance and its role on women empowerment and poverty alleviation.