Financial services for the poor, often referred to as microfinance, cannot solve all the problems caused by poverty. But they can help to put economic resources and power into the hands of the poor and low-income people enabling them to make their own financial decisions and thus solve the problem of poverty.

The significant role of women in an economic development promotes social action in the country. Microfinance programs range from small-scale, self-help groups to large poverty-targeted banks. Microfinance has emerged as a powerful tool for women empowerment in the new economy.

In India, Gujarat Mahila Credit cooperative Ltd mainly dominates microfinance distribution. It aims at providing a cost effective mechanism for providing financial services to the poor section of the society. The major focus of microfinance programs is to empower women as they are the most vulnerable and investing in women helps empowering them and contributes to greater economic growth and development.The women who are residents of rural place will get efficient development. For that, Microfinance for women is a great too which give you the best start for your improvement over the economic decision-making, legal awareness, mobility, economic security and family decision-making process.