10Aug 2017

SOURCES OF FINANCE TO THE POOR ALONGWITH MICROFINANCE.

  • PhD scholar Gujarat University, Ahmedabad.
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Before MFIs and NGOs, people had already been accustomed with other sources of finance and now both MFIs and NGOs are trying to fill up the gap that was created by these sources. Credit cooperatives, postal unions, savings banks, and government sponsored subsidized credit schemes predate microcredit and continue to exist. Even though these sources are still prevalent in many society MFIs and NGOs are trying to remove the ill effects of these sources and create a more positive financial atmosphere for the rural poor.


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[Bincy Bose. (2017); SOURCES OF FINANCE TO THE POOR ALONGWITH MICROFINANCE. Int. J. of Adv. Res. 5 (Aug). 622-625] (ISSN 2320-5407). www.journalijar.com


Bincy Bose
PhD scholar Gujarat University Ahmedabad.

DOI:


Article DOI: 10.21474/IJAR01/5098      
DOI URL: https://dx.doi.org/10.21474/IJAR01/5098