explain the role of gender in microfinance

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Answer: Micro finance is a concept evolved in 18^th century. Micro finance gives importance on gender equality. The success of various micro finance institutions lies in involving of large number of women in the new intervention.

Microfinance have issued various initiatives for gender equality:

Microfinance formulate the strategies which provide women directly with awareness, literacy and related skill development.
Microfinance prepared the strategies in such a way that they grab the attention of needy women and provide a chance of self development.
Microfinance catch the women segment and make them too wise in making correct decision.
Social and political empowerment has been provide to the women with the help of finance.

The role of gender play an utmost important in the success of microfinance. Their main focus is women empowerment and gender equality in the society. They provide economic and social prospective to the women. Self dependent women has been generated.

Rahul Sunny answered 2 years ago

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explain the role of gender in microfinance

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