Microfinance and Rural Development: Access to Finance for Economic Development Through Financial Inclusion
Summary. Microfinance institutions in rural India provide small loans, savings accounts, and insurance to underserved populations, particularly poor people and women. These services enable rural residents to start businesses, improve agricultural productivity, and escape exploitative informal lending. By offering financial products tailored to low-income communities, microfinance promotes entrepreneurship, job creation, and economic stability where traditional banks are unwilling to operate.
Cite this article
K, M. N., A., V. A., & Machado, M.. (2025). Microfinance and Rural Development: Access to Finance for Economic Development Through Financial Inclusion. International Journal of Latest Technology in Engineering Management & Applied Science. https://doi.org/10.51583/ijltemas.2025.140600034
K, Mr. Nagaraja., et al. “Microfinance and Rural Development: Access to Finance for Economic Development Through Financial Inclusion.” International Journal of Latest Technology in Engineering Management & Applied Science, 2025. https://doi.org/10.51583/ijltemas.2025.140600034.
K, Mr. Nagaraja., Vinokurova Antonina A., and Maria Machado. 2025. “Microfinance and Rural Development: Access to Finance for Economic Development Through Financial Inclusion.” International Journal of Latest Technology in Engineering Management & Applied Science. https://doi.org/10.51583/ijltemas.2025.140600034.
@article{k-2025-microfinance-rural-development-access-finance,
title = {Microfinance and Rural Development: Access to Finance for Economic Development Through Financial Inclusion},
author = {Mr. Nagaraja. K and Vinokurova Antonina A. and Maria Machado},
journal = {International Journal of Latest Technology in Engineering Management & Applied Science},
year = {2025},
doi = {10.51583/ijltemas.2025.140600034},
url = {https://doi.org/10.51583/ijltemas.2025.140600034}
}
TY - JOUR TI - Microfinance and Rural Development: Access to Finance for Economic Development Through Financial Inclusion AU - Mr. Nagaraja. K AU - Vinokurova Antonina A. AU - Maria Machado JO - International Journal of Latest Technology in Engineering Management & Applied Science PY - 2025 DO - 10.51583/ijltemas.2025.140600034 UR - https://doi.org/10.51583/ijltemas.2025.140600034 ER -
Details
- DOI
- 10.51583/ijltemas.2025.140600034
- Countries
- India
- Regions
- Asia
- Categories
- funding, entrepreneurship, regional-innovation-systems, general-innovation
- Added
- 2026-06-01