Drawing upon the data from the recent period, this paper explores the relationship between women’s involvement in microfinance programs and improvement in their empowerment status.

Formal financial institutions (FFIs) in a developing economy often fail to meet the loan requirements of the poor. It is frequently stated that the poor are non bankable. Given this, several models and structures have emerged for making them bankable.

Gender discrimination in the employment sector is enduring, an overwhelming majority of women working within the boundaries of informal sectors.

The high female infant mortality rates (Miller, 1985), the practice of female infanticide (Krishnaswamy, 1988), the neglect of female children with regard to access to health services, nutrition (Sen and Sengupta 1983) and education (Mankekar, 1985), and the sexual abuse of girls (Bhalerao, 1985)