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Microfinance-Concept: BY Kamlesh Thote M.B.A.3 SEM
Microfinance-Concept: BY Kamlesh Thote M.B.A.3 SEM
MEANING;A type of banking service that is provided to unemployed or low-income individuals or groups who would otherwise have no other means of gaining financial services. Micro finance refers to a variety of financial services that target low income clients particular women.
GOAL:To give low income people an opportunity to become a self sufficient by providing a mean of saving money, borrowing money and insurance.
Commercial Banks, NABARD, Rural development Bank, Land development Bank, Co. operative Banks, Etc.
SUPPLY
DEMAND
INTERMEDIATION
Branches = 1000 One branch cover 25-30 villages, 240 groups 1200 borrowers. Annual growth 20%
SKS microfinance pvt ltd Basix finance Microcredit foundation of India Bandhan society(NBFC) Etc
Thank you.