For my comrehensive viva i need to finalise my Phd title. My objectives are on the line of assessing soci-econimic profile of SHG Members. Their economic empowerment and survival.
You said about your independent variable (Microfinance). I suggest you consider your dependent variable - variable that you want to check in the SHG members. Then you can finalize your topic like: Investigation of Microfinace impact on "dependent variable": An evidence from SHG members.
you said that ID variable micro finance i suggest your DP variable poverty reduction, small and medium enterprise, women empowerment,socio - economic status, performance of small business and Women Entrepreneurial Development , that you check in the SHG members. you have to check review of literature based on you have to choose your topic
You can consider "impact of microfinance on Human Development Indicators: A case study of SHG members in India" (or any region you select for the study).