Microfinance(MF) has been a revolution and made its mark in the global financial system. It has been acknowledged as an integral part of economic development of any developing country irrespective of the extent of formalization of the sector. The scope of contribution of these micro enterprises may seem negligible in comparison to the enormous formal enterprises in the economic system of any developing country. But the success of MF interventions especially the group lending method - Self Help Group (SHG) model, is irrevocable. In developing economies, SHG is the standard mechanism...