Women and Microfinance: Prospects and Challenges

Book Details

• Author: Amit Kumar

• Binding: Hardcover

• Number of Pages: 248

• Publication Year: 2015

• ISBN: 9788131607190

About the Book

Microfinance is increasingly recognized as a crucial tool for combating poverty and empowering marginalized populations globally. Women, in particular, play a significant role in economic growth and sustainable livelihoods. In India, many microfinance programs target women, who are often the most vulnerable segment of society. This book explores the intricate relationship between microfinance and women, with a specific focus on Rajasthan—a region with unique socio-economic challenges.

Rajasthan, a predominantly feudal society, is relatively underdeveloped when it comes to the microfinance movement. Factors such as low literacy rates among women, scattered populations in remote villages, and a well-established caste system shape the microfinance landscape differently compared to other parts of India. The book investigates the role of microfinance programs, including Self-Help Groups (SHGs), credit societies, and both formal and informal financial institutions, in empowering women in this region.

Key themes explored in the book include:

• Women’s empowerment and income-earning opportunities

• Management, livelihood skills, and sustainability within the microfinance sector

• Social acceptance and the broader impact of microfinance initiatives

• The challenges and successes of microfinance in a feudal society

This comprehensive study will be valuable for policymakers, organizations, and practitioners involved in the microfinance sector, providing insights into its effectiveness in empowering women in rural India.

Contents

1. Introduction

2. Microfinance in India

3. Status of Microfinance in Rajasthan

4. Organizational Structure of MFIs and Women SHGs

5. Women’s Perspective on Microfinance

6. Major Findings

7. Conclusion, Suggestions, and Recommendations

About the Author

Amit Kumar is associated with the Kumarappa Institute of Gram Swaraj, Jaipur. He holds a Master’s in Economics from the University of Rajasthan and a PGDBM in Finance from IIRM, Jaipur. With extensive experience in rural Rajasthan, he has contributed significantly to various development sectors, including education, water resource management, women’s empowerment, and microfinance. Amit Kumar has led several research projects sponsored by prestigious institutions like ICSSR, RGNIYD, and NUEPA. His work in rural development has earned him international recognition, having traveled to the UK, Germany, and Sweden for his contributions to the field.