Vol. 9, Special Issue 4, Part C (2023)

Abstract
In India, women have low socio-economic status with gender discrimination as they considered for low participation in economic activities. A country having gender discrimination, poor perception for women, unequal access over finance as compare to men can never be a developed country. In India, Women having less access over financial services because they are considered to have lower capital capacity than men, there-by restricting the women empowerment.(M.PERUMAL, 2015). According to Start-up India data, Indian women entrepreneurs are below 14 percent. Empowering to women make them to take decisions, live their life economic independent and make them self-reliant. MFIs ensures the financial inclusion of under privileged women. MFIs empowering women by providing microfinance to strengthen their role in economic participation and providing opportunity to become either primary or secondary earner in their family. MFIs are the vehicle for the socio-economic development of women. This paper elaborates how microfinance can be used as a strategy for the women empowerment.