Comparative Study of Economic Progression of Women before and after Availing Micro Credit

Microcredit is a small amount of money loaned to a client by a bank or other institution. Microfinance refers to loans, savings, insurance, transfer services, microcredit loans and other financial products targeted at low-income clients. Micro finance provides opportunity to the poor for getting sufficient amount of credit easily to start any income generating activity. Least formal and official obligation made the uneducated poor comfortable to get credit. Hence the researcher involved in analyzing the economic progression of women in Sivakasi and the data is collected from 200 respondents through pre-tested interview schedule with help of simple random sampling technique. The study suggests from its analysis to enrich their upliftment at economic level.1