Facing the Challenges of Women Empowerment in the Rural Sector: A Case Study

Abstract

Microcredit is an important instrument of poverty eradication. It extends the social and economic independence of poor women in particular. It increases control over resources, participation in community and household decision making, mobility in the public sphere, feelings of self-worth and efficacy and a better treatment inside the family and within the community. Feminist research informs that when income is under women's control, it is more productively used for household welfare in comparison to men (Dwyer and Bruce, 1998). The social and economic independence of women transforms the gender issues and changes the structure of the society. It enlightens, enhances and encourages the moral obligations and responsibilities as an individual in the society. It is a force that drives financial sustainability at every odd with the mission to reduce poverty. It reduces the extent of insecurity, unsustainability and dependence on others of the low income community. It gives confidence, courage, realisation and realm to the poor women for a secure future.