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MICROFINANCE
WWW.WEBSOFTEX.COM
TOMORROWTOMORROW
TODAYTODAY
FUTUREFUTURE
• Micro credit is not charity.
• This can be business: business
with a social objective that is to
assist folks get out of economic
condition.
MICROFINANCE
• Muhammad Yunus - founding father
of Grameen Bank and Alfred
Bernhard Nobel Peace Prize
recipient.
• The Grameen bank model and its
huge success gave a bonus to small
credit at international level.
FOUNDER
• Microfinance in Republic of India has
reworked through completely different
phases.
• In its earliest kind, Pigmy deposits
collections-pioneered by Syndicate Bank
backed the loans.
• Later, it had new mask, within the style of
government sponsored directed disposition
programs IRDP, twenty-purpose program.
MICRO FINANCE INDIA
• The success was terribly
restricted and distributed.
• The next in line of defense to
small credit came from by
NBFCs and NGOs.
MICRO FINANCE INDIA
• The Business Correspondent
model gave recent blood to the
beneath nourished rural credit.
• Here once more the high rates
of interest and muscle flexing
ways for recovery created the
model less traveled.
MICRO FINANCE INDIA
• Once the state crisis, the govt.
of Republic of India selected to
issue bound regulative controls.
• The business recovered from
the issues and therefore the
portfolio as of March 31, 2016
reached 53, 332 crores.
MICRO FINANCE INDIA
• Promoting socio-economic
development at the community
level.
• Developing and strengthening
self-help groups and facilitating
sustainable development
through them
OBJECTIVES
• Providing vocational training to
unskilled population
• Empowerment of women
• Conducting programs for the
poor
OBJECTIVES
• Promoting sustainable agriculture
and sound conservation of natural
resources
• Organizing and coordinating based
on the grass root level
• Making efficient use of the available
resources for generation of livelihood
OBJECTIVES
Benefits of microfinance, micro credit institutions, micro lending websites

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Benefits of microfinance, micro credit institutions, micro lending websites

  • 2. • Micro credit is not charity. • This can be business: business with a social objective that is to assist folks get out of economic condition. MICROFINANCE
  • 3. • Muhammad Yunus - founding father of Grameen Bank and Alfred Bernhard Nobel Peace Prize recipient. • The Grameen bank model and its huge success gave a bonus to small credit at international level. FOUNDER
  • 4. • Microfinance in Republic of India has reworked through completely different phases. • In its earliest kind, Pigmy deposits collections-pioneered by Syndicate Bank backed the loans. • Later, it had new mask, within the style of government sponsored directed disposition programs IRDP, twenty-purpose program. MICRO FINANCE INDIA
  • 5. • The success was terribly restricted and distributed. • The next in line of defense to small credit came from by NBFCs and NGOs. MICRO FINANCE INDIA
  • 6. • The Business Correspondent model gave recent blood to the beneath nourished rural credit. • Here once more the high rates of interest and muscle flexing ways for recovery created the model less traveled. MICRO FINANCE INDIA
  • 7. • Once the state crisis, the govt. of Republic of India selected to issue bound regulative controls. • The business recovered from the issues and therefore the portfolio as of March 31, 2016 reached 53, 332 crores. MICRO FINANCE INDIA
  • 8. • Promoting socio-economic development at the community level. • Developing and strengthening self-help groups and facilitating sustainable development through them OBJECTIVES
  • 9. • Providing vocational training to unskilled population • Empowerment of women • Conducting programs for the poor OBJECTIVES
  • 10. • Promoting sustainable agriculture and sound conservation of natural resources • Organizing and coordinating based on the grass root level • Making efficient use of the available resources for generation of livelihood OBJECTIVES