SAKHI raises capital through:
1. Loans from Friends of Women World Bank at an annual interest rate of 13.5%
2. Group guarantees followed by center guarantees for loans provided to members
3. Upfront loan processing fees of 2% charged to borrowers
SAKHI provides microloans ranging from Rs. 3,000 to Rs. 15,000 to economically disadvantaged individuals through a systematic organizational structure and loan disbursement process.
This project has a complete summary of past as well as current conditions of Micro Finance in India and its evolution. This project also discusses the Andhra Pradesh MFI crisis which led to implementation of numerous strict rules and regulations by the Government of India to control and regulate this sector of financing.
This project has a complete summary of past as well as current conditions of Micro Finance in India and its evolution. This project also discusses the Andhra Pradesh MFI crisis which led to implementation of numerous strict rules and regulations by the Government of India to control and regulate this sector of financing.
Presentation includes Introduction to Microfinance Industry, Business Process, Strategies, Key Challenges, Future Outlook and Special Issues like Urban Microfinance & Rating of Microfinance Institutions
Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.
This is a simple presentation about microfinance and important of it in developing country. I briefly described about service and impact of it.
I prepared it to present in university.
University of Economics in Katowice, Poland.
Suman Bhattarai (Nepal)
This article analyzes the impact of Microfinance in the different parts of the world including India, Malaysia, Nepal, Bangladesh, Maldives, Africa and others.
Presentation includes Introduction to Microfinance Industry, Business Process, Strategies, Key Challenges, Future Outlook and Special Issues like Urban Microfinance & Rating of Microfinance Institutions
Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.
This is a simple presentation about microfinance and important of it in developing country. I briefly described about service and impact of it.
I prepared it to present in university.
University of Economics in Katowice, Poland.
Suman Bhattarai (Nepal)
This article analyzes the impact of Microfinance in the different parts of the world including India, Malaysia, Nepal, Bangladesh, Maldives, Africa and others.
This is a overview of the business of banking, including retail, business and investment banking. We have also included introductions to other financial services like credit cards, credit rating agencies, mutual funds and the business processes used to process loan transactions, credit card payments, and a range of other banking services and products. Useful for anyone who would like an overview of the banking industry. Downloads will be allowed for 30 days. After that you can contact me if you would like the file.
National Rural Livelihood Mission (NRLM) : An OverviewSayan Ghosh
National Rural Livelihood Mission (NRLM) is a poverty alleviation project implemented by the Ministry of Rural Development, Government of India. This scheme is focused on promoting self-employment and the organization of the rural poor. The basic idea behind this program is to organize the poor into SHG (Self Help Groups) groups and make them capable of self-employment. In 1999 after restructuring Integrated Rural Development Programme(IRDP), Ministry of Rural Development (MoRD) launched Swarnajayanti Grameen Swarojgar Yojana (SGSY) to focus on promoting self-employment among the rural poor. SGSY is now remodeled to form NRLM thereby plugging the shortfalls of the SGSY program. This PPT helps you to know about NRLM briefly.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
2. Agenda
Scenario of Micro Finance in India.
Micro-Credits model.
Business model of Grameen Bank
Self Help Groups (SHG‘s).
Difference between JLGs and SHGs
NABARD initiatives in Micro finance.
Business Model of SAKHI.
Credit institutions as a Political tool: Debt relief in India.
MFI‘s being criticized because of high interest rates.
SWOT Analysis of Micro Finance
Interview of End Users
Future of Micro Finance
Learning from the Project
Conclusion.
Learning from the Company
References.
3. Scenario of Micro Finance in India
India‘s population is more than 1000 million, around 350 million,
are living below the poverty.
Only 20% access loan from the formal sources and 80% from the
informal sources.
Out of that 20% only 10% have access to Micro finance.
Annual credit demand by the poor is estimated to be about Rs
60,000 crores. And only 12,000 crores are disbursed. (April 09)
Customers of Micro Finance are ―Small and marginal farmers", "
rural artisans" and "economically weaker sections―
4. Micro-Credits model
Focus on, providing the capital for poor women to use their innate
"survival skills" to pull themselves out of poverty.
Lend mostly to women in small groups (credit circles), say of five or
seven.
Draw up a weekly or bi-weekly repayment schedule.
In case any member defaults the entire circle is denied access to credit
5. Business model of GRAMEEN bank
Introduction
• The Grameen Bank started in 1976 by the Nobel Laureate, Professor
Muhammad Yunus in Bangladesh .
• Grameen today has some 2,468 branches in Bangladesh, with a staff of
24,703 people serving 7.34 million borrowers from 80,257 villages.
• Grameen‗s methods are applied in 58 countries — including the United
States.
• Grameen Bank borrowers own 94% of the Bank. The remaining 6% are
owned by the government. (January 09)
Working model of Grameen bank:
• Manager first makes a round to the appointed area to introduce Grameen
policies and programs.
• Try to make the group of 5 people.
6. conti….
• Only two members can obtain loan at first. After 6 weeks of successful
repayment another two can apply for loan. The leader can only receive
loan at last.
• Repayment responsibility solely rests on the individual borrower.
• However if one member of a group defaults, that group will never receive a
loan from Grameen
Two popular scheme by Grameen Bank is:-
• Loan Insurance:-
• Beggars Loan:-
7. “16 decisions”
1. We shall follow and advance the four principles of Grameen Bank: Discipline, Unity,
Courage and Hard work – in all walks of our lives.
2. Prosperity we shall bring to our families.
3. We shall not live in dilapidated houses. We shall repair our houses and work towards
constructing new houses at the earliest.
4. We shall grow vegetables all the year round. We shall eat plenty of them and sell the
surplus.
5. During the plantation seasons, we shall plant as many seedlings as possible.
6. We shall plan to keep our families small. We shall minimize our expenditures. We shall
look after our health.
7. We shall educate our children and ensure that they can earn to pay for their education.
8. We shall always keep our children and the environment clean.
9. We shall build and use pit-latrines.
10. We shall drink water from tube wells. If it is not available, we shall boil water or use
alum.
11. We shall not take any dowry at our sons' weddings; neither shall we give any dowry at
our daughter's wedding. We shall keep our centre free from the curse of dowry. We shall not
practice child marriage.
12. We shall not inflict any injustice on anyone; neither shall we allow anyone to do so.
13. We shall collectively undertake bigger investments for higher incomes.
14. We shall always be ready to help each other. If anyone is in difficulty, we shall all help
him or her.
15. If we come to know of any breach of discipline in any centre, we shall all go there and
help restore discipline.
16. We shall take part in all social activities collectively .
Sources: www.Grameen-info.org
8. conti….
The Repayment Mechanism:
• One year loan .
• Equal weekly installments .
• Repayment starts one week after the loan .
• Repayment amounts to 2% per week for fifty weeks .
Criticism of Grameen Bank:
• There are rumors that there repayment rate are fake.
• Grameen Bank clients used their loans for many different purpose .e.g..Dowry,
gambling etc.
9. The Self Help Group (SGH)
SHGs is a small group of rural poor, who have voluntarily come
forward to form a group for improvement of the social and economic
status of the members.
Homogeneous group of about 15 to 20.
Every member to save small amounts regularly.
Every member learns prioritization and financial discipline.
Condition required for membership for SHG‘s
• Members should be between the age group of 21-60 years.
• From one family, only one person can become a member of an SHG.
(More families can join SHGs this way).
• The group normally consists of either only men or only women.
• Members should be homogenous i.e. should have the same social and
financial background.
• Members should be rural poor.
How SHG works ( practical example)
10. Difference between JLGs and SHGs
“Joint Liability Group (JLG) is a group of individuals coming together to
borrow from the financial institution.
SHGs (Self Help Groups) JLGs (Joint Liability Groups)
• Minimum 15 members and • Minimum 3 members and
maximum 20. maximum 5.
• Meeting is compulsory. • No necessary of compulsory
meeting.
• Bank loan is available. •They get loans only from MFIs.
• Gets the benefit of government • There is no benefit.
scheme.
• Individual responsibility. • They share responsibility and stand
as guarantee for each other.
Sources :Survey on SAKHI
11. NABARD initiatives in Micro finance
National Bank for Agriculture and Rural Development (NABARD)
was established as an apex rural development bank in the year 1982,
through an Act of Parliament.
Role and Function of NABARD:
• Providing Refinance to lending institutions in rural areas.
• Evaluating, monitoring and inspecting the client banks.
• Providing support to NGOs through a variety of schemes.
• Making model projects / development schemes for banks and farmers
• It prepares, on annual basis, rural credit plans for all districts in the
country.
12. Organizational structure
Board of Director
Chairman
Managing Director
Executive Director(4)
Head Office Regional Offices(28) Training Establishment(6)
Dept (24)
Sub Office(Andaman & District Development
Nicobar) & Special cell Offices (391)
(Srinagar)
13. Financial Santa Clause (NABARD)
• (NABARD) was established in 1982,with an initial capital of 1400 crores.
• And till March 30, 09 it reached to Rs 1, 00,000 crores with the surplus of Rs
1400 crores.
• Its Reserve and Surplus increased by 10.26% from 07 to 08, and its Cash and
Bank balance and Investment increased by 40.16% and 15.5%. (sources :nabard.org)
From where NABARD gets the fund?
How NABARD gives loan to the Institutions?
• NABARD follows the very strange way of providing the loans.
• They give loans to the every ODD number institution i.e.3, 5, 7, 9….
14. How NABARD manage their repayment
structure?
Their Repayment ratio is more than 95%.
NABARD see the credit rating of that institute given by the rating
agency.
NABARD analyze the balance sheet and profit and loss statement of
the borrowing institutes.
NABARD sees the past record of the borrowing institutes, their
repayment ratio and the executives who are working in that institutes.
15. Business model of SAKHI
Introduction
• SAKHI (An Organization for Women) , established in the year 2002.
• Started by veteran Mrs. Alpa Chauhan.
• SAKHI is having three office .(1 ) Dakoor (2 ) Umreth (3) Dahood.
Role and function of SAKHI
• Provide loan to the economic disadvantage people.
• Help them in creating groups.
• Provide them Micro plus loans.
• Help them in establishing their(borrowers) business.
16. Organization Structure
SAKHI had developed a systematic organizational structure for itself.
Board of Trustees
CEO
Operation Finance Mgr Admin Mgr
HR Mgr Mgr Audit Mgr
Area Mgr Audit Team
Brach Mgr
FCO‘s
Brach Structure
Brach Manager
A/C MIS FCO-JLG FCO FCO-GRLN
Officer
17. How SAKHI disburse the Loans?
Loan Size:
Cycle –I Rs 3000-Rs 5000
Cycle –II Upto Rs 8000
Cycle-III Upto Rs 12,000
Cycle- IV Upto Rs 15,000
Duration in months 12
Minimum Loan size Rs 3000
Maximum Loan size Rs 15,000
Repayment Frequency Monthly
Rate of interest (P.a) 18%
Upfront loan proceeding 2%
fees
Security Group guarantee followed by
centre guarantee
Sources: Survey on SAKHI
18. How SAKHI raise capital?
Friends of Women World Bank.(FWWB) (13.5% p.a ).
Indian Bank(13.75% p.a).
Why SAKHI charges such a high rate of interest (18% p.a)?
• The loan doesn‘t disburse immediately.
• SAKHI charges same rate, even if above hike there rates.
• High transaction and operating cost.
Is government waiver plan effected there Institution?
• That rule was only for government institution.
• But borrowers also requested them to waive their loan amount.
Practical example of interest calculation.
19. Debt Relief in India
Political intervention creates serious threat for MFIs.
Easy and Safest way to attract the voters.
Borrowers creates a negative mind set.
The waiver of farm loans , increased defaulters.
Many decent borrowers has effected by this waive of schemes.
Legacy continue, Rs 60,000 crore was declared by Shri P.Chitambaram.
20. Mfi’s being criticized because of
high interest rates:
Most MFI‘s financially sustainable by charging interest rates that are
high enough to cover all their costs.
Four key factors determine these rates:
• The cost of funds.
• The MFI's operating expenses.
• Loan losses.
• And profits needed to expand their capital base and fund expected future
growth.
There are three kinds of costs the MFI has to cover when it makes
microloans:
• The cost of the money that it lends.
• The cost of loan defaults.
• Transaction and Operating cost.
Practical Example of rate calculation
21. conti…….
For instance, MFI lends is 10 percent, and it experiences defaults of 1
percent of the amount lent, then total Rs 11 for a loan of Rs 100, and
Rs 55 for a loan of Rs 500. And the third cost i.e. transaction cost.
:Example
Suppose that the transaction cost is Rs 15 per loan and that the loans
are for one year. To break even on the Rs 500 loan, the MFI would
need to collect interest of Rs 50 + Rs 5 + Rs 15 = Rs 70, which
represents an annual interest rate of 13 percent. To break even on the
Rs 100 loan, the MFI would need to collect interest of Rs 10 +Rs 1 +
Rs 15 = Rs 26, which is an interest rate of 26 percent.
22. Rate Ceilings: Not the Answer
There is hue and cry on the high rate of interest which is being
charged by many MFI‘s.
Policymaker concern over high interest rates.
What are the reasons why rate ceiling can create disaster?
• Rate ceiling will diminishing the return of MFI‘s.
• If rates are set to a level less than that required to cover costs, it will lead
to losses and also reduce their creditworthiness and ability to borrow.
• Compelled rate ceiling would increase more poverty in the economy.
23. SWOT Analysis of micro finance
Strength
• Helped in reducing the poverty.
• Huge networking available.
Weakness
• Not properly regulated.
• High number of people access to informal sources of finance.
• Concentrating on few people only and mainly in urban areas.
Opportunity
• Huge demand and supply gap.
• Employment Opportunity.
• Huge Untapped Market.
• Opportunity for Pvt. Banks, NBFCs, Foreign Banks to enter this business
segment.
Threat
• High Competition.
• Neophyte Industry.
• Over involvement of Govt.
24. Interview of End Users
Are you a regular or new customer?
If you are a Regular customer, then can you please tell me
your experience?
What‘s your opinion on interest rates?
What you do with that loan amount?
Does the Microfinance Institutions provide you any type of other
benefits other than just loan Amount?
According to you which is better, loan from local Zamidars or from
MFIs?
Have you ever faced any violation on you, if you were not
able to repay the loan amount?
25. Future of Micro Finance
Estimated that in next five years, 65% of the poor people will have excess
to MFIs.
Many Pvt. Banks and Foreign Banks would enter this business segment,
because of very low NPAs.
Estimated that 5 % of the number of people below the poverty line will get
reduced in the next 5 years.(World Bank report)
26. Learning from the project
I learnt in detail the process of Micro Finance, from its need at the grass
root level.
Functioning of various Govt, Semi Govt, & various other delivery
channels.
Practical learning of how SHGs are formed.
Practical learning of how the MFIs works.
Most important learning, how it can change the life of the Economic
disadvantaged people.
27. Conclusion
• ―Don’t wait, the time will never be just right. Start where you stand and
work with whatever tools you may have at your commands and the
better tolls will be found as you go along”.
William Surds
28. Learning from THE Company
Practical learning of Equity, Future & Options market by terminal
trading.
Various strategies of Market.
Apart from Micro Finance, Nine mine projects, which helped to
relate to the Present Market conditions.
And the most important thing I learnt from this institution is
―Patience‖