Paper Titles in Periodical

Subscribe

Subscribe to our Newsletter and get informed about new publication regulary and special discounts for subscribers!

ILSHS > Volume 21 > Significance of Microfinance Institutions in Rural...
< Back to Volume

Significance of Microfinance Institutions in Rural Development of India

Full Text PDF

Abstract:

Micro finance is to supply micro credit to people living in utter poverty and has no reach to the conservative and formal financial products. It is an aid to engage them in productive activities and grow their tiny businesses. Micro finance focused on availing the credit in a standard manner. Micro financial schemes plays vital role in increasing women‟s participation in economic activities and decision making. In this research paper an effort is made to investigate the role of microfinance in rural development especially through Micro financial schemes. This study is an empirical study which aims to find out the role and responsibilities of microfinance in rural development. Our experience while doing this study suggests that microfinance provides key lessons for development in terms of what mechanism and best practices should be adopted and how to make small change that creates a big difference. It is concluded that poor people in rural areas especially in under developing countries, are in immense need of credits so microfinance programs must make available this credit needs and motivate the poor people to increase their standard of living.

Info:

Periodical:
International Letters of Social and Humanistic Sciences (Volume 21)
Pages:
84-90
Citation:
R. K. Yadav, "Significance of Microfinance Institutions in Rural Development of India", International Letters of Social and Humanistic Sciences, Vol. 21, pp. 84-90, 2014
Online since:
February 2014
Authors:
Export:
Distribution:
References:

Bhatt Nitin, Tang Shui (2001): Delivering Microfinance in Developing Countries: Controversies and Policy Perspectives Policy Studies, Policy Studies Journal, 29(2); 3-9.

Brau, James C. Woller, Gary M. (2004): Microfinance a comprehensive review of the existing literature, Journal of Entrepreneurial Finance, 9(1); 1-26.

Chaves Rodrigo A., Claudio Gonzalez-Vega (1996): The Design of Successful Rural Financial Intermediaries: Evidence from Indonesia, World Development, 24(1); 65-78.

Dichter Thomas W. (1996): Questioning the Future of NGOs in Microfinance, Journal of International Development, 8(2); 259-269.

Havers M. (1996): Financial sustainability in savings and credit programs, Journals of Economics, 6(2); 144-150.

Iqubal Farukh (1988): The Determinants of Money Lender Interest Rates: Evidence from Rural India, The Journal of Development Studies, 3; 364-378.

James C. Brau, Gary M. Woller (2004): Microfinance: A Comprehensive Review of the Existing Literature, Journal of Entrepreneurial Finance and Business Ventures, 9(1) 126.

Kumar Manish, Bohra Narendra, Singh Johari Amar (2010): Micro finance as an anti poverty vaccine for rural India, International Review of Business and Finance, 2(1); 2935.

McIntosh Craig, Bruce Wydick (2005): Competition and microfinance, Journal of Development Economics, 78(2); 271-298.

Pitt Mark M., Shahidur R. Khandker (1998): The Impact of Group-based Credit Programs on Poor Households in Bangladesh: Does the Gender of the Participants Matter?, Journal of Political Economy, 106(5); 958-996.

Rajakutty S. (1997): Development of Women and Children in Rural Areas: Are we in the right course?, Journal of Rural Development, 16(1); pp.85-11.

Robert Cull, Asli Demiguc Kunt, Jonathan Morduch (2007): Financial performance and outreach: A global analysis of leading microbanks, Economic Journal, 3; 107-133.

Robert Cull, Asli Demirguc-Kunt, Jonathan Morduch (2009): Microfinance Meets the Market, Journal of Economic Perspectives, 23(1); 167-192.

Rajesh K. Yadav, Nishant Dabhade, International Letters of Social and Humanistic Sciences 4 (2013) 49-69.

Rajesh K. Yadav, Nishant Dabhade, International Letters of Social and Humanistic Sciences 7 (2013) 1-22.

Rajesh K. Yadav, Nishant Dabhade, International Letters of Social and Humanistic Sciences 8 (2013) 77-85.

Rajesh K. Yadav, Nishant Dabhade, International Letters of Social and Humanistic Sciences 5 (2014) 44-62. ( Received 15 January 2014; accepted 20 January 2014 ).

Show More Hide
Cited By:

[1] F. Mphande, Infectious Diseases and Rural Livelihood in Developing Countries, p. 17, 2016

DOI: https://doi.org/10.1007/978-981-10-0428-5_2

[2] A. Manzoor, Microfinance and Its Impact on Entrepreneurial Development, Sustainability, and Inclusive Growth, p. 138, 2018

DOI: https://doi.org/10.4018/978-1-5225-5213-0.ch008