Poverty is a global issue of great proportions as billions of individual reside in extreme poverty. The United Nations … has made efforts and strides to effectively fight poverty, however, their current efforts have been insufficient. Social … developers have been engaging in institutionalizing of microfinance and microlending. These ventures have been very successful in …

alleviating poverty of the poor people. Micro finance concept was first developed and initiated in Bangladesh in the late … seventies with a view to help the people living below the poverty line. Since its inception to till date, there has been …/credit activities. Despite this, the poverty situation of the poor people who have already used the micro finance programs was not …

, India, we find that “gung ho entrepreneurs” (GEs), households who were already running a business before microfinance …Can microcredit help unlock a poverty trap for some people by putting their businesses on a different trajectory? Could … facilitate escape from a poverty trap …