Empowering Rural Economies: The Role Of Microfinance Institutions In Transforming The Financial Landscape Of Rural Communities

Jaimini Sutariya, Gaurav Arora · 2023

Summary. Microfinance institutions transform rural economies by providing financial access to underserved populations, particularly women and marginalized groups, reducing poverty and enabling entrepreneurship. The paper examines MFI evolution, identifies challenges like over-indebtedness and regulatory barriers, and highlights innovations including fintech integration and green microfinance. Strategic collaborations, technology adoption, and supportive policies strengthen MFIs' effectiveness in achieving sustainable rural development.

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@article{sutariya-2023-empowering-rural-economies-role-microfinance,
  title   = {Empowering Rural Economies: The Role Of Microfinance Institutions In Transforming The Financial Landscape Of Rural Communities},
  author  = {Jaimini Sutariya and Gaurav Arora},
  year    = {2023},
  doi     = {10.53555/kuey.v29i3.9991},
  url     = {https://doi.org/10.53555/kuey.v29i3.9991}
}

TY  - JOUR
TI  - Empowering Rural Economies: The Role Of Microfinance Institutions In Transforming The Financial Landscape Of Rural Communities
AU  - Jaimini Sutariya
AU  - Gaurav Arora
PY  - 2023
DO  - 10.53555/kuey.v29i3.9991
UR  - https://doi.org/10.53555/kuey.v29i3.9991
ER  - 

Details

DOI

10.53555/kuey.v29i3.9991

Countries

India

Regions

Asia

Categories

funding, entrepreneurship, broadband-and-digital, general-innovation

Added

2026-09-01