Micro - Finance (MF) has proved to be an effective tool towards poverty alleviation and economic empowerment of women in a number of Third World countries for instance, Brazil and Bangladesh.India with mpre or less same relatis as many other countires recognized the potential of MF and adopted Micro - finance to achieve the similar results of reducing poverty and inequality in early 80's. Though MF in India acheived substantial growth,however,this industry is facing a number of challenges today and calls for some good and context specific wise policies and rigorous implementation. This can be effective in making MF work towards fulfilling its promises making contribution to alleviating poverty and empowering women by ensuring outreach of MF services the poorest of the poor.The monograph is an endevour to analyze multiple challenges prevailing in the industry and draw up on policy prescriptions to cope those challenges.
