In India, one of the plights of poor people is the inaccessibility to the organized credit. There is no way to come out of the vicious circle of poverty without additional funding from any source. The unorganized sector, they resort to make them poorer due to the unscrupulous practices of pawn...

Objective: The present study tries to study the concept of microfinance around the world and India.Method and Statistical Analysis: This study is based on analysis of secondary data. Various reports have been analyzed in order to achieve the objectives.Findings: The result shows microfinance is...