India
Research Article
A Study on the Socio-economic Conditions of the Women Beneficiaries on Micro Credit in Madurai, Tamilnadu
Author(s): Selvaraj N, Suganya M and Alagukanna ASSelvaraj N, Suganya M and Alagukanna AS
Finance is the lubricant, which oils the wheels of development. All economics rely upon the intermediary function to transfer resources from savers to investors. In market economies, this function is performed by commercial banks, financial institutions and capital markets. The poor would borrow relatively small amounts, and the processing and supervision of lending to them would consume administrative costs disproportionate to the amount of lending. Today, economic independence is considered to be the prime basis for improving the status of women in India. It is generally agreed that availability of credit to women would result in reducing their dependency, enhancing their social and economic activities, as well as empowering them to assert more in the household decisions. In India, women cannot be viewed as a homogeneous group, as the society is stratified on the basis of class, cas.. Read More»
DOI:
10.4172/2169-026X.1000160
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