Published Paper Details:

The main holy grail of the present paper is know how far socio-economic factors impact on the microfinance activities and to know about the effect of before and after joining Self Help Groups (SHGs), and to know the factor driving women empowerment and social capital formation. Since independence maximum attention is given to the development of rural poor but urban poor has been neglected. The poverty programmes, further, undertaken by government except at present where the beneficiary get benefit through direct transfer, could not trickle down to the poor previously. Urban poor like rural requires organised financial assistance to meet the expenditure of children education and health. Bengaluru is experiencing rapid urbanisation due to increase in the population. Microfinance programmes has been emerged as a powerful tool of poverty alleviation since the last 3 decades several studies have examined its economic influence on the community well being (Asghar Tahamaseli et al. 2021).