Microfinance - A way to Alleviate poverty

Business & Finance, Finance & Investing, Finance
Cover of the book Microfinance - A way to Alleviate poverty by Shweta Sawhney, GRIN Verlag
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Author: Shweta Sawhney ISBN: 9783656014546
Publisher: GRIN Verlag Publication: September 26, 2011
Imprint: GRIN Verlag Language: English
Author: Shweta Sawhney
ISBN: 9783656014546
Publisher: GRIN Verlag
Publication: September 26, 2011
Imprint: GRIN Verlag
Language: English

Essay from the year 2011 in the subject Business economics - Investment and Finance, grade: none, , course: MFC, language: English, abstract: The article traces the fruition of the Microfinance insurrection in India as a potent tool for poverty mitigation and women empowerment. Where institutional finance failed Microfinance delivered. In a country like India, where almost 70 per cent of the population is in the rural areas, with little or no access to main stream financing options, microfinance has a huge role to play and a huge population to uplift. The paper discusses the present scenario of microfinance Institutions (MFIs) in India. In spite of the impressive figures, the supply side of microfinance in India is still presently abhorrently inadequate to fill the fissure between demand and supply but it holds the promise to act as a great opportunity for the financial sector and the economy as a whole.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Essay from the year 2011 in the subject Business economics - Investment and Finance, grade: none, , course: MFC, language: English, abstract: The article traces the fruition of the Microfinance insurrection in India as a potent tool for poverty mitigation and women empowerment. Where institutional finance failed Microfinance delivered. In a country like India, where almost 70 per cent of the population is in the rural areas, with little or no access to main stream financing options, microfinance has a huge role to play and a huge population to uplift. The paper discusses the present scenario of microfinance Institutions (MFIs) in India. In spite of the impressive figures, the supply side of microfinance in India is still presently abhorrently inadequate to fill the fissure between demand and supply but it holds the promise to act as a great opportunity for the financial sector and the economy as a whole.

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