Journal of Small Business and Entrepreneurship Development

Role of NGO in Empowering Women through Microfinance: A Conceptual Study
Manju Pathania Biswas, Dr. M Rama Mohan Rao

Abstract
Empowerment is a multi-dimensional process that helps women to gain authority and self realization in improving their life standards. Women should realize that they have constitutional rights to good quality health care, financial security, and access to knowledge, information, education and equal opportunities for the girl in the society. Empowerment signifies a change from a status of failure to recognition and success. Empowerment also systematizes their lives and resources. Microfinance sector has grown rapidly over the past two decades and has helped women to gain economic empowerment and improve quality of their life. Development of Micro Entrepreneurship through microfinance can help reduce the problem of unemployment and several social problem that go with it.

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