Microfinance scheme is focused for the betterment of poor class of society who does not have access to formal financial sector and are not able to arrange for collateral. To fulfil their requirements of small amount, the microfinance scheme is one of the best source of borrowed funds. In India, microfinance services are basically provided in two ways, through SHG-Bank linkage programme and another is through microfinance institutions (MFIs). Though government is focusing on microfinance sector to enhance the life of poor people, it becomes necessary to understand its impact on beneficiaries. The correlation andregression model is used to understand relation and measuring impact. The serious attempt was made to collect the opinion of 627 respondents and correlation and multiple regression is applied to analyse the results.
Cite this article:
Viral Bhatt, Shital Shastri. Measuring the Impact of Microfinance on women empowerment amongst the women in Rural Gujarat. Int. J. Rev. and Res. Social Sci. 2018; 6(3):255-260. doi: 10.5958/2454-2687.2018.00024.2