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The microfinance industry in India, one of the largest in the world, has played a critical role in India's financial …
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Microfinance in India are known to be charging high rates and the smaller players follow in their footsteps. For such regions …, Interest-free microfinance is what is needed to uplift the minority and take them out of the fangs of poverty. Interest …-free microfinance and its implementation can prove to be very useful in eradicating poverty and providing sustainable development of …
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Purpose The purpose of this paper is to understand interest-free microfinance practices in India, identify issues and … successful in providing interest-free microfinance services in India. A few operational issues have been highlighted and possible … solutions are recommended. Moreover, it is found that in comparison to the microfinance industry standards, the performance of …
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