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Microfinance A mechanism to alleviate poverty

By: Material type: Mixed materialsMixed materialsPublication details: 2014Description: 107-111Subject(s): NLM classification:
  • 332
In: Journal of Banking, Info. Tech. and ManagementMSummary: Microfinance serves as umbrells term that describes the provision of banking services by poverty focused financial institutions to poor parts of population that are not served by mainstream financial service providers. Microfinance can promote income generating activities. This paper proposes this framework and gives its scope for exploring and drawing attention to poor entrepreneur's strategies, their motivations, skills, knowledge and capabilities.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 10/2 Available P15311

Microfinance serves as umbrells term that describes the provision of banking services by poverty focused financial institutions to poor parts of population that are not served by mainstream financial service providers. Microfinance can promote income generating activities. This paper proposes this framework and gives its scope for exploring and drawing attention to poor entrepreneur's strategies, their motivations, skills, knowledge and capabilities.

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