Maximum female domestic workers (SC Category) are living in slum areas at Nagpur city, a central Region of India and prefer to work as a female domestic worker to work independently and to support the financial income in the family. They prefer to work at different household with different task and earn money for the task accomplished on monthly basis. The research draws attention to the fact, that meager earning many times does not fulfils the financial needs of female domestic workers and in critical situations they take loans from various financial institutions, especially Microfinance companies irrespective of rate of interest charged by them. Maximum respondents are not aware of the rate of interest from where they are taking the loans and the purpose of loan is to fulfill the present financial need.  It is genuine fact that they are taking the loans from various Microfinance companies to start small Business (as per the norms) but they are utilizing it for their personal need, very few of them had utilized to start or support their small business. For present study the Methods of analysis include the domestic profile of the respondents, purpose and utility of loan and amount taken from various financial institutions and Stress level factor of the respondents. It has been found that very few of them had taken the burden of the loans and becomes habitual to take the loan from various sources.

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Keywords: Female Domestic Workers, Micro Finance Companies, Utility of Loan, Loans.