Significance of Microfinance Institutions in Rural Development of India

Rajesh Kumar Yadav · 2014 · International Letters of Social and Humanistic Sciences

Summary. Microfinance institutions in India provide credit to rural poor people excluded from formal banking, enabling them to start small businesses and increase economic participation. The study finds that microfinance schemes significantly boost women's involvement in economic activities and decision-making. Microfinance programs deliver essential credit access and motivate rural populations to improve living standards, offering practical lessons for rural development in developing countries.

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Yadav, R. K.. (2014). Significance of Microfinance Institutions in Rural Development of India. International Letters of Social and Humanistic Sciences. https://doi.org/10.18052/www.scipress.com/ilshs.21.84

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  title   = {Significance of Microfinance Institutions in Rural Development of India},
  author  = {Rajesh Kumar Yadav},
  journal = {International Letters of Social and Humanistic Sciences},
  year    = {2014},
  doi     = {10.18052/www.scipress.com/ilshs.21.84},
  url     = {https://doi.org/10.18052/www.scipress.com/ilshs.21.84}
}

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Details

DOI: 10.18052/www.scipress.com/ilshs.21.84
Countries: India
Regions: Asia
Categories: funding, entrepreneurship
Added: 2026-04-28