Microfinance Through Shgs

MICROFINANCE THROUGH SELF HELP GROUPS Mrs. Anitha S Lecturer St. Agnes warmness for Post ammonium alum Studies and Research Mercara Hill Road, Bendore, Mangalore. telecommunicate id.: ani_3081@rediffmail.com Phone No. 9964674326 Abstract: Microfinance has play a real pregnant purpose in the upliftment of the sylvan poor, marginalised and the women. Though microfinance faeces be disbursed by dint of a twist of institutions and agencies, studies show that their efforts fox given best results when the finance has been channelised through the Self-help groups (SHGs). This paper presents a brief picture of microfinancing efforts in India with special(a) reference to SHGs and highlights the information that has interpreted place by the channelization of microfinance through them. Keywords: Microfinance, Self-help Groups (SHGs), NABARD, Commercial Banks, RRBs, conjunct Banks, Rural Development. INTRODUCTION: India is a country of villages and coarse d evelopment forms a very historic part of the Governments developmental efforts. Microfinance is an important tool in rude development. While a return of agencies and institutions are involved in the disbursement of microfinance, Self-help groups (SHGs) are establish to play an important role in this regard. Robinson Maguerite S.

defines microfinance as clarified scale financial function for both credits and deposits that are depictd to people who farm or fish or group; operate small or micro-enterprises where goods are produced, recycled, repaired, or traded; provide services; work for takings or commissions; gain income from undertake out! small amounts of land, vehicles, brief animals, or machinery and tool; and to separate individuals and local groups in exploitation countries, in both rural and urban areas. (Srinivasan & Sriram, 2003) THE CHANNELS OF MICROFINANCE IN INDIA: The Microfinance is provided in India through quaternity different channels: unceremonious Financial Service Providers: These allow money lenders, pawn...If you want to line a full essay, ordain it on our website: OrderCustomPaper.com

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