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Module 5 Microfinance by Mehul panchal is a document available to read on EtoBox.

What is Module 5 Microfinance about?

Microfinance, introduced by Muhammad Yunus through the Grameen Bank, aims to provide financial services to the poor, particularly women, to promote financial inclusion and reduce poverty. It encompasses small loans, savings, insurance, and training, focusing on empowering low-income individuals who lack access to traditional banking. Despite its benefits, challenges such as high interest rates, over-indebtedness, and regulatory issues hinder its effectiveness in meeting the demand for microfinance in India.

Author

Mehul panchal

Language

EN