A STUDY ON CHALLENGES, OPPORTUNITY AND POVERTY REDUCTION THROUGH MICRO FINANCE IN INDIA

Authors

  • R.Shankar Ph.D., Research Scholar, KandaswamiKandar’s College, P-Velur, Namakkal, INDIA
  • Dr.N.Senthilkumar Assistant Professor & Research Supervisor, PG & Research Department of Commerce, KandaswamiKandar’s College, P-Velur, Namakkal, INDIA

DOI:

https://doi.org/10.29121/granthaalayah.v4.i10(SE).2016.2468

Keywords:

Poverty reduction, Microfinance, Past Poverty Reduction Initiatives, Mahalirhittam

Abstract [English]

Poverty is a term with which manly developing countries are suffering. The poor people one of basic need for financial requirements to socio economic developments. Micro-finance has become one of the most effective interventions for economic empowerment of the poor. The experience across India and other countries has shown a robust potential of Microfinance to integrate with the development issues thereby significantly impacting the lives of poor. In this research paper indicates that role micro finance large contribution to economic development of poor people as well as challenges, opportunity and poverty reduction through micro finance.

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References

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Published

2016-10-31

How to Cite

Shankar, & kumar, N. (2016). A STUDY ON CHALLENGES, OPPORTUNITY AND POVERTY REDUCTION THROUGH MICRO FINANCE IN INDIA. International Journal of Research -GRANTHAALAYAH, 4(10(SE), 50–56. https://doi.org/10.29121/granthaalayah.v4.i10(SE).2016.2468