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Microfinance Evolution in India by Prashanth PB is a document available to read on EtoBox.
What is Microfinance Evolution in India about?
The document discusses the history and evolution of microfinance and self-help groups (SHGs) in India. It explains that microfinance began as an experiment in Bangladesh in the 1970s to provide small, unsecured loans to the poor. This led to the creation of the Grameen Bank model of group lending. In India, SHGs were promoted in the 1980s and 1990s to improve access to credit for the rural poor through community-based savings groups. The key objectives of SHGs are to encourage thrift and mutual support amon
- Author
- Prashanth PB
- Language
- EN