Volume : III, Issue : VII, July - 2013

Measuring the Twin Benefits of Microfinancing: Some Empirical Evidence with Reference to Employment and Income

Dr. S. Linga Murthy

Abstract :

Poverty reduction has been a concern of the microfinance industry in India. All MFIs have been attempting to apply new financial service strategies to reach the families below the poverty line and target the poor. The main use of micro credit is for directed investment. The core objective of the present research effort is to assess the impact of the said directed investment through Micro finance institutions in the form of income and employment in the enterprises promoted by MFIs. The study found that MFIs have played a vital role in enterprise development further leading to more employment and income generations. Hence, it is suggested to enhance the scale of Micro finance and provide liberal credit finally aiming at inclusive growth.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. S. Linga Murthy Measuring the Twin Benefits of Microfinancing: Some Empirical Evidence with Reference to Employment and Income Indian Journal of Applied Research, Vol.III, Issue.VII July 2013

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