Microfinance has been recognised world over as one of the effective development paradigms for alleviating poverty. With special emphasis on social as well as economic empowerment of the poorest, especially women, microfinance initiative through Self Help Groups (SHGs) launched by NABARD during early 90's, has been recognized as the largest microfinance programme in the world. Experience of financing through SHGs conveys the message that the key to success lies in the evolution and participation of community based organizations at the grass root level. People's participation in credit delivery...