Role of Microfinance in Poverty Alleviation of Women

Role of Microfinance in Poverty Alleviation of Women

A Case of Small Farmers Cooperative Limited in Kumroz, Chitwan, Nepal

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A significant proportion of the rural population in the developing countries still lack access to formal credits. Even in those areas where formal credit sources do exist, the poor lacking collateral suitable assets are considered risky borrowers and excluded from the services. Women in rural areas of developing countries are further marginalized in any sort of involvements in economic activities. In this context, microfinance has come up as a tool to help deprived groups and small entrepreneurs in generating self-employment opportunities to reduce poverty by launching target credit programs. ...