Achieving Sustainable Livelihood for Women Entrepreneurs through Microfinance

Abstract

This paper is an attempt to throw light on the role of micro finance for achieving sustainable livelihood for women entrepreneurs of Sonitpur district of Assam. Micro finance helps the women entrepreneurs in getting the financial capital to start or run their small livelihood generating activities. Financial capital is the one asset which could be converted into any other asset, it includes savings, credits etc. It is also a part of the livelihood asset pentagon as stated by Department for International Development (DFID) of the United Kingdom. To make a livelihood sustainable, the approach should always be flexible i.e. it should be addressing the area specific need and it differs from place to place. The study area for this paper has a rural based economy. Therefore, the researcher has tried to achieve the objectives of the study by keeping in mind the overall prevalent scenario of Sonitpur district.