To browse Academia. Journal ijmr. The women covered a long distance to find equal right in India. It is not enough. The traditions are deeply rooted in Indian society where the sociological set up has been a male dominated one.
She has competed with man and successfully stood up with him in every walk of life and business is no exception for this. These women leaders are assertive, persuasive and willing to take risks.
They managed to survive and succeed in this cut throat competition with their hard work, diligence and perseverance. An entrepreneur is a person who starts. Microfinance is defined as any activity that includes the provision of financial services such as credit, savings, and insurance to low income individuals which fall just above the nationally defined poverty line, and poor individuals which fall below that poverty line, with the goal of creating social value.
The creation of social value includes poverty alleviation and the broader impact of improving livelihood opportunities through the provision of capital for micro enterprise, and insurance and savings for risk mitigation and consumption smoothing.
A large variety of actors provide microfinance in India, using a range of microfinance delivery methods. Governments also have piloted national programs, NGOs have undertaken the activity of raising donor funds for on-lending, and some banks have partnered with public organizations or made small inroads themselves in providing such services.
