Maharashtra State BoardSSC (English Medium) 9th Standard
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Obtain some information and write a note about Women’s Micro- credit Groups. - History and Political Science

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Answer in Brief
Short Note

Obtain some information and write a note about Women’s Micro- credit Groups.

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Solution

Micro-credit groups are highly successful in rural areas owing to the larger participation of women. It is believed that women are better creditors for micro-credits groups since they utilize it for the fulfillment of basic needs than men. Government banks also encourage rural women to organize themselves into Self Help Groups to obtain flexible loans at low-interest rates. These loans are used by the women to create small local businesses which add to their household income, thus improving their financial status and independence.

Such schemes have greatly contributed to the women's empowerment objective of the country.

Concept: Empowerment of Women
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APPEARS IN

Balbharati Social Science History and Political Science 9th Standard Maharashtra State Board
Chapter 1.06 Empowerment of Women and other Weaker Sections
Projects | Q 3 | Page 36
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