Application of Sustainable science and microfinance: Study on utilization pattern of fund available for SHG member with special reference to microfinance - Softcover

Mahajan, Vikas; Gupta, Reena

Softcover

ISBN 10: 3659283142 ISBN 13: 9783659283147

Publisher: LAP LAMBERT Academic Publishing, 2012

Synopsis

Microfinance means providing very poor families with very small loans (microcredit) to help them and to engage in productive activities or grow their tiny business. Traditionally, microfinance was focused on providing a very standardized credit product. The poor, just like anyone else, need a diverse range of financial instruments to be able to build assets, stabilize consumption and protect themselves against risks. Thus, we see a broadening of the concept of microfinance- our current challenge is to find efficient and reliable ways of providing a richer menu of microfinance products. An economically poor individual gains strength as part of a group. Besides, financing through SHGs, reduces transaction costs for both lenders and borrowers. Microfinance can help the poor to increase income, build viable businesses and reduce their vulnerability to external shocks.

About this title

About the Author

B.V.Sc. & A.H., M.V.Sc. & A.H. (Animal Breeding & Genetics) Ph D scholar, F.V.Sc. & A.H., SKUAST-J, 03 books, 09 research papers, 16 abstracts and 09 newspaper articles. Dr Reena Gupta Ph D (Plant Physiology) 05 books, 11 research papers, 11 abstracts and 13 newspaper articles. Presently working in Agriculture department, Udhampur, J&K, India.

Edition details

• Publisher: LAP LAMBERT Academic Publishing
• Publication date: 2012
• Language: English
• ISBN 10: 3659283142
• ISBN 13: 9783659283147
• Binding: Paperback
• Number of pages: 60