Microfinance and entrepreneur skill and competition
1. MICRO FINANCE AND
Submitted by:
S. Sowndarya
II M. Sc CS
ENTREPRENEURSHIP SKILLS AND
COMPETENCIES
NADAR SARASWATHI COLLEGE OF
ARTS AND SCIENCE
2. In India, there are several financial schemes that
come into existence for women’s empowerment –
microfinance is one of those. This is one of the
financial schemes that aim to help those people
who are not able to get loans from banks or other
financial institutions. Empowering women is one
of the purposes of microfinance
INTRODUCTION
3. Microfinance is an important practice of
extending those small collateral-free loans or
financial assistance for those underserved
individuals mainly for developing those areas
without getting any access to credit.
MICRO FINANCE
4. The main purpose of this research is mainly for
evaluating the great impact of those
microfinance programs primarily including
complete access to microcredit and also then
saving groups. It thus helps in women’s
empowerment.
MICRO FINANCE
5. The main purpose of this research is mainly for
evaluating the great impact of those
microfinance programs primarily including
complete access to microcredit and also then
saving groups. It thus helps in women’s
empowerment.
MICRO FINANCE
7. Entrepreneurship skills are essential in positioning
entrepreneurs to identify opportunities, make
effective decisions, turn their ideas into reality,
overcome challenges, and properly allocate
resources to achieve goals and succeed.
IMPORTANCE OF
ENTREPRENEURSHIP SKILLS
8. Encouraging social change and improving lives
Creating employment opportunities for others
Driving economic growth and opening new
markets and industries
Improving the quality of life with new ideas and
building functional products or services
Providing opportunities for personal and
professional growth, as well as financial rewards
Enhancing one’s capacity to work efficiently
alone, as well as in collaboration
IMPORTANCE OF
ENTREPRENEURSHIP SKILLS
9. Business management skills are essential for
entrepreneurs to effectively plan, organize,
direct, and control the resources of an
organization. These skills can build credibility,
improve efficiency, manage risks, implement
effective strategies, create a positive company
culture, and grow a business
Leadership
Strategic thinking
Budget management
Business acumen
Communication
BUSINESS MANAGEMENT SKILL
10. Communication skills allow individuals to express
thoughts, ideas, and feelings clearly through
speaking, writing, and other forms of expression.
Listening skills provide the ability to understand
and retain information and respond
appropriately. Both communication and listening
are essential entrepreneurship skills that can
make a difference in how you run your business
as they help you to build trust, maintain
relationships, resolve conflicts, understand needs
and perspectives, and make informed decisions.
COMMUNICATION
AND LISTENING
