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Migration and Gender Inequality ---a Case Study of the Role of MICRO Finance in Mumbai Empowering Women and Transforming Their Lives

Friday, July 18, 2014: 5:54 PM
Room: Booth 54
Oral Presentation
Perpetua MIRANDA , Sociology, SOPHIA COLLEGE FOR WOMEN (MUMBAI )INDIA, MUMBAI, India
Many women in the unorganised sector set up small business , that require very little capital .These are essentially low productivity undertakings. However they are generally relatively more efficient than the small business set up by men because women are able to utilize capital productively . With the expansion of microfinance facilities credit is also now available to many of these small business, enabling the women entrepreneurs to expand their activities. Providing capital  to micro businesses , set up by women has emerged as an important means of women’s empowerment. Empowerment of women is another important indicator of development of a nation and an economy.

The Researcher tries to unfold the following objectives:

*To identify the growing problem of gender inequality in cities.

*To identify the need for micro financing.

*How micro financing contribute to support and empowerment.

*How marginalized women’s lives are impacted by micro financing and the importance of replicating this phenomenon.