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In a country like India where 70 percent of its population lives in rural area and 60 percent depend on agriculture (according to the World Bank reports), micro-finance can play a vital role in providing financial services to the poor and low income individuals. Microfinance is the form of a...
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Microfinance promises to reduce poverty. To achieve this amazing objective Microfinance institutions have to become strong enough in financial performance because donor constancy is not a given. Thus the question is: In what extent the MFI-specific, industry-specific and macroeconomic factors...
Persistent link: https://www.econbiz.de/10013231882
As far as India is concerned, the development of microfinance has been multi-fold in the recent past and has shown a gradual growth over the years. The various benefits and related services of Microfinance are being provided by the way of SHG (Self Help Group) bank linkage model and MFI (Micro...
Persistent link: https://www.econbiz.de/10013298731
Financial inclusion is the process of facilitating banking and monetary services to individuals. The main aspiration is to reach out the financial services to every individual based on their income and savings. Financial inclusion also provides right solution to the economic underprivileged,...
Persistent link: https://www.econbiz.de/10013405931