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of self-reliant, sustainable institutions. While savings-based self-help groups and member-managed small cooperatives are … their own resources through savings - Have their loans repaid - Cover their costs from their operational income - Finance …
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, literacy and proneness to disease, social disadvantage and political powerlessness. To fully exploit India's potential and … been impressive growth in microfinance activities over the three decades or more in India.Today, when the majority of world … other social services. In spite of the impressive figures, microfinance in India is still presently too small to create a …
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In this paper, we set out to establish if there is a link between finance and economic growth in rural areas. In particular, we evaluate the relation between credit by major lenders in rural areas - commercial banks and Farm Credit System institutions - and economic growth for the period...
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