| Author: | Harsh Goyal | ISBN: | 1230000158125 |
| Publisher: | Harsh Goyal | Publication: | August 3, 2013 |
| Imprint: | Language: | English |
| Author: | Harsh Goyal |
| ISBN: | 1230000158125 |
| Publisher: | Harsh Goyal |
| Publication: | August 3, 2013 |
| Imprint: | |
| Language: | English |
Microfinance has been defined as the provision of financial services to low-income population for whom traditional banking services are not accessible. Microfinance has proved as a reliable vehicle in alleviating poverty by providing credit facility especially in the rural and semi-urban areas. Microfinance has been described as ‘philanthropy through industry’ on account of its social dimension and has anecdotally helped the poor better their lives by kick-starting economic activity and increasing their income es faced by the microfinance industry in India.
Microfinance has been defined as the provision of financial services to low-income population for whom traditional banking services are not accessible. Microfinance has proved as a reliable vehicle in alleviating poverty by providing credit facility especially in the rural and semi-urban areas. Microfinance has been described as ‘philanthropy through industry’ on account of its social dimension and has anecdotally helped the poor better their lives by kick-starting economic activity and increasing their income es faced by the microfinance industry in India.
