Vol. 1 No. 2 (2011): Vol 1, Iss 2, Year 2011
Articles

Micro finance – an anti poverty vaccine for rural india

Nithya Kala K
Research Scholar, Department of Business Management, PSGR Krishnammal College, Coimbatore
Vidya Kala K
HOD, Department of Management Studies, Adithya Institute of Technology, Coimbatore
Poornima S
2HOD, Department of Management Studies, Adithya Institute of Technology, Coimbatore. 3 A
Published June 30, 2011
Keywords
  • Micro-Finance, Rural India, Socio-Economic, Poverty
How to Cite
K, N. K., K, V. K., & S, P. (2011). Micro finance – an anti poverty vaccine for rural india. Journal of Management and Science, 1(2), 88-94. https://doi.org/10.26524/jms.2011.11

Abstract

Micro- finance interventions are well-recognized world over as an effective tool for poverty alleviation and improving soc ioeconomic status ofrural poor.In India too, micro- finance is making headway in its effort for reducing poverty and empowering rural women. The need of micro finance arises because the rural India
requires sources of finance for poverty alleviation, procurement of agricultural and farms Micro finance is a programme to support the poor rural people to pay its debt and maintain social and economic status in the villages. As we know that India is agriculturebased economy, micro finance may be a tool to empower the farmers and ruralpeoples to make agriculture profitable. This research paper is highlighting a picture rural India as a developing segment for micro finance institutions.

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