Feminization of Prosperity: An Experiment in Micro Finance

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Emancipation of women is an essential prerequisite for economic development and social progress of a nation. The Self Help Groups empower women and train them to take active part in the socio-economic progress of the nation. Self Help Groups are now gaining acceptance as an alternative system for credit delivery for meeting the credit needs especially to women. Self Help Group is the brain child of Grameen Bank of Bangladesh, which was founded by Prof. Mohammed Yunus of Chittangong University in the year 1975. This was exclusively established for the poor. The concept of SGH underlines the principle, "for the women, by the women and of the women". In recent years the SHG is greatly successful in providing self employment. SHGs maintain a track record of sound credit management based on their own savings and strengthening the capacity of support agencies, such as state level women’s development corporations, non-governmental organizations, banks and so on.

ABOUT THE AUTHOR J Fredrick

Dr. J. Fedrick born in 1966 is a Post-Graduate in Economics from the Madurai Kamraj University, Ph.D. (Eco) was also conferred upon him by this University on hi thesis “An Economics Study of Selfhelp Group Women in Madurai District” Dr. Fedrick is presently working as a senior scale Lecturer.  He has specialized in Mathematical Methods, Indian Economy and Managerial Economics.  He has more than 17 years teaching experience.  Dr. Fedrick has published several articles in International Journals, Kisan World, Income Generation and Empowerment of Women through Self-help Groups and many more.  He has regularly contributed in the publishing of edited volumes.  Besides these, he has participated regularly in the State, National and International levels seminar on different issues.

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Bibliographic information

Title
Feminization of Prosperity: An Experiment in Micro Finance
Author
Edition
1st ed.
Publisher
ISBN
9788189942977
Length
viii+184p., Tables; Figures; Bibliography; 23cm.
Subjects