Microfinance impact on SHGs Financial Empowerment: a micro level study of Indian Regions Dr. Kamili Syed Javed Iqbal*, Professor Sangm Mohi Ud Din**, Dr. Qadir Nabina*** *HOD Commerce and Management, Gandhi Memorial College, Srinagar, Kashmir, India **Professor, Department of Business and Financial Studies, University of Kashmir, India ***Assistant Professor, Gandhi Memorial College, Srinagar, Kashmir, India Online published on 27 September, 2019. Abstract Microfinance is playing a significant role in reaching to those who have not been reached yet by the formal financial institutions and the world is seriously contemplating to minimize the gage between the haves and have-nots. the current study examines the impact of Microfinance on the economic Empowerment of Microfinance beneficiaries in the Kashmir Division of J & K State (India). The Swarge Gram Swarozgari Rojna (SGSY) program which was launched in the state in the year 1992 for poverty alleviation purpose and the creation of Self Help Groups (SHGs) was done in all the districts of J&K under this program. The present study made an attempt to examine the impact of microfinance on the Self Help Groups (SHGs) in the selected districts of India in Kashmir Division of J&K State (India). It is observed in this study that microfinance development has a significant impact on Economic empowerment of microfinance beneficiaries. Top |