Micro Finance: the strategy for augmenting sustainable development: Impact of Micro Finance on living standard of Women and its societal consequences

Micro finance is now being considered as one of the most important and an effective mechanism for poverty alleviation. Its origin can be traced back to 1976. The Indian micro finance sector presents a strong growth story. Its growth performance was impressively sustained through the liquidity crunch and continued at an increased rate in the second half of 2009. By providing opportunities for self employment, many studies have concluded that these programs have significantly improved women's security, autonomy, self confidence and status within the household. Our Study is about micro finance and to investigate the impact of micro finance on the women empowerment.