tailieunhanh - Micro finance in sustainable development: A descriptive study on indian Experience

Micro finance in sustainable development: A descriptive study on indian Experience. In this paper an attemp thas been made to describe how micro credit is eff ective and financial viable method of addressing sustainable rural develop ment through provision of micro credit to rural poor for productive activities. | Journal of Economics and Development , , December 2011, pp. 72 - 88 ISSN 1859 0020 Micro Finance in Sustainable Development: A Descriptive Study on Indian Experience Ananda. S. College of Applied Science, Stanate of Oman Email: anand_su66@ Abstract Micro-Finance in India is emerging as an effective instrument for poverty alleviation, women empowerment and sustainable development. In India, NonGovernmental Organization (NGO) led micro credit is proved as an effective and financially viable alternative to address rural poverty through the provision of credit without collateral, unleashing human creativity and endeavor of the poor people. Micro finance institutions are operating through banks linkage program aimed at providing a cost effective mechanism for providing financial services to the ‘unreached poor’. Banks lend micro-credit through Self-Help Groups (SHGs) and to local Micro-Finance Institutions (MFIs) based on the philosophy of peer pressure and group savings as collateral substitute. In India, the micro-Finance concept has been successful in not only designing financial products meeting needs of the rural poor, but also in strengthening collective self-help capacities of the poor at the local level, leading to their empowerment. At macro level, the self help group is a useful instrument for savings mobilization and enhancing access to credit for the rural, unreached poor for their productive investment. In this paper an attempt has been made to describe how micro credit is effective and financial viable method of addressing sustainable rural development through provision of micro credit to rural poor for productive activities. Keywords: Empowerment, micro finance, micro credit, poverty alleviation, self help group, sustainable development JEL Classification: A053, G21 Journal of Economics and Development 72 Vol. 13, , December 2011 1. Introduction Microfinance as a concept has exploded around three decades ago to support .

• Ngân hàng - Tín dụng
• Micro finance
• Sustainable development
• A descriptive study
• Indian Experience
• Sustainable rural develop ment
• Micro financing
• Micro leasing
• Purchasing power
• Global market
• Health insurance
• Housing finance
• Zurich FSG
• Some creative approaches
• Mibanco housing finance loans
• Micro finance for poor
• Non poor communities of Nepal
• Socio economic status
• The poverty Nepal
• Major corporations
• Informal finance providers
• Financing inclusive finance
• Debt deals
• Bank loans
• Licensing rules
• Inclusive finance
• The emerging industry
• Building the market
• Remittance transfers
• Strong growth potential
• Short term profits
• Corporate choices
• Champions of inclusive finance
• Journa science
• International journal of financial research
• Perceived service quality
• Micro finance institutions
• Micro finance programmes
• Targeting women empowerment
• Social and economic empowerment
• Self Help Groups
• Provision of financial services
• Micro ECON 5
• Principles of microeconomics
• Resource markets
• Labor markets
• Labor unions
• Corporate finance
• Transaction costs
• Asymmetric information
• southern
• africa
• communities
• rural
• finance
• micro
• Bài giảng Tài chính
• Lecture Money banking & finance
• Demand for Money
• Keynes’ Demand for Money
• Risk return analysis
• Optimal money holding
• Disequilibrium Money
• Lecture Money Banking and Finance
• Bài giảng Tiền tệ ngân hàng
• All or Nothing Theory
• The Liquidity Trap