An International Journal House
Einstein International Journal Organization(EIJO)
Connecting People With Genius Thought
JOURNALS || EIJO Journal of Humanities, Social Affair, Management and Innovative Research (EIJO – JHSAMIR) [ ISSN : 2455 - 927X ]
The Indian Microfinance System Using For Rural Areas
Author Names : R.K. Pratap Singh
volume 1 issue 2
ABSTRACT
Financial Services could allow the poor to use their initiative to speed up the process of building income, assets and economic security. Size of financial services is relative and depends heavily on the economic development of a country; rigid definition of size can lead to exclusion and unintended consequences. Micro-finance covers a wide range of microfinance institutions (MFIs), the indigenous rotating savings and credit associations (Roscas) and self-help groups to financial cooperatives,
Keywords: Micro, Finance, Mobilize, Economic, ROSCAS, MFI.
[1]. The Microbanking Bulletin, Issue No. 6, Washington, DC, April 2001.
[2]. Dingcong, Clarence G. and Magdalena S. Casuga, “A Documentation of the Adoption of the Performance Standards for Microfinance NGOs”, Final Report prepared for the Philippine Coalition for Microfinance Standards, Manila, Philippines, February 11, 2000.
[3]. Holloh, Detlev. “ProFI Microfinance Institutions Study”, Bank Indonesia –German Technical Cooperation (GTZ) Project: Denpasar, Bali, Indonesia, March 2001.
[4]. Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme for Women, By govt. of India.
[5]. S. C.Vetrivel1& S. Chandra kumarmangalam ,“Role of Microfinance Institutions in Rural Development”, International Journal of Information Technology and Knowledge Management July-December 2010, Volume 2, No. 2, pp. 435-441.
[6]. Otero, M. and Rhyne, E. (1994) “The New World of Micro-enterprise Finance -Building Healthy Financial Institutions for the Poor”, Kumarian Press, West Harford, Connecticut.