Analysing Challenges Faced by Micro Finance Institutions and Exploring Linkages on Rural Development and Quality of Life

P. Monish · 2024 · Jurnal Multidisiplin Madani

Summary. Microfinance institutions in India provide critical financial services to low-income populations excluded from traditional banking, offering credit, counseling, and training that support rural development and women's empowerment. The paper identifies major challenges these institutions face: non-performing assets, financial illiteracy among borrowers, slow fund generation, inadequate infrastructure, political interference, and intense competition. Understanding these obstacles is essential for strengthening microfinance's role in rural development.

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@article{monish-2024-analysing-challenges-faced-micro-finance,
  title   = {Analysing Challenges Faced by Micro Finance Institutions and Exploring Linkages on Rural Development and Quality of Life},
  author  = {P. Monish},
  journal = {Jurnal Multidisiplin Madani},
  year    = {2024},
  doi     = {10.55927/mudima.v4i1.3046},
  url     = {https://doi.org/10.55927/mudima.v4i1.3046}
}

TY  - JOUR
TI  - Analysing Challenges Faced by Micro Finance Institutions and Exploring Linkages on Rural Development and Quality of Life
AU  - P. Monish
JO  - Jurnal Multidisiplin Madani
PY  - 2024
DO  - 10.55927/mudima.v4i1.3046
UR  - https://doi.org/10.55927/mudima.v4i1.3046
ER  - 

Details

DOI

10.55927/mudima.v4i1.3046

Countries

India

Regions

Asia

Categories

funding, regional-innovation-systems, general-innovation

Added

2026-06-01