Comparing Traditional vs. Modern Microfinance Models in Raipur division: A Study of Their Impact on Women Development

Abstract

Microfinance has played a significant role in promoting financial inclusion, especially among women in rural and semi-urban areas. This study compares the traditional and modern microfinance models in Raipur and evaluates their impact on women's development. The research uses a mixed-method approach, incorporating qualitative and quantitative data to assess financial empowerment, social mobility, and livelihood enhancement among women beneficiaries.