International Research Journal of Education and Technology

In the modern economy, microfinance is proving to be a strong tool for poverty reduction. Self Help Groups and Commercial Bank Linkage Programs dominate the Indian microfinance landscape as an efficient method for delivering financial services to the "Un-reached Poor." This has been effective in addressing the financial requirements of rural poor women as well as strengthening their collective self-help capabilities, resulting in their empowerment. Women get the capacity to influence or make decisions as a consequence of economic empowerment, as well as greater self-confidence, a better position and role in the home. This article tries to show how microfinance has gained widespread acceptance as a method for women's economic empowerment. The role of microfinance institutions on rural women's economic empowerment and poverty alleviation was investigated in this study. There is also an attempt to propose methods to improve womens empowerment.