In Nepal, the emergence of liberalization and globalization in early 1990‘s aggravated the problem of women workers in unorganized sectors from bad to worse as most of the women who were engaged in various self-employment activities have lost their livelihood. Despite in substantial contribution of women to both household and national economy, their work is considered just an extension of household domain and remains non-monetized. In Nepal, Microfinancescene is dominated by banking sector for providing loan as an effective mechanism for providing financial services to the ―Unreached Poor‖, and also in strengthening their collective self-help capacities leading to their empowerment. Rapid progress in the Microfinancesector now has turned into an empowerment movement among women across the country. Microfinanceis necessary to overcome exploitation, create confidence for economic self-reliance of the rural poor, particularly among women.
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