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ROLE OF MICROFINANCE INSTITUTIONS IN RURAL DEVELOPMENT

S. C. Vetrivel, S. Chandra Kumarmangalam · 2010

Summary. Microfinance institutions provide poor rural populations with access to credit when formal banking systems exclude them. The paper evaluates successful and failed microfinance models worldwide and proposes an institutional framework tailored for India. This approach addresses poverty by offering alternatives to exploitative moneylenders and enabling economic participation without requiring traditional collateral.

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Vetrivel, S. C., & Kumarmangalam, S. C.. (2010). ROLE OF MICROFINANCE INSTITUTIONS IN RURAL DEVELOPMENT. http://www.iari.res.in/files/Divisions/Role%20of%20microfinance%20institutions%20in%20rural%20development_SC%20vetrivel%20IJITKM.pdf

Details

Countries
India
Regions
Asia
Categories
funding, entrepreneurship
Added
2026-04-28