Benefits of Microfinance, Micro Credit Institutions, Micro Lending Websites (1)

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MICROFINANCE
TODAY

TOMORROW
FUTURE

• WWW.WEBSOFTEX.COM

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• Micro credit is not charity.
• This can be business business with a social
  objective that is to assist folks get out of
  economic condition.

MICROFINANCE
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• Muhammad Yunus - founding father of Grameen Bank
  and Alfred Bernhard Nobel Peace Prize recipient.
• The Grameen bank model and its huge success gave
  a bonus to small credit at international level.

FOUNDER
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• Microfinance in Republic of India has reworked
  through completely different phases.
• In its earliest kind, Pigmy deposits
  collections-pioneered by Syndicate Bank backed
  the loans.
• Later, it had new mask, within the style of
  government sponsored directed disposition
  programs IRDP, twenty-purpose program.

MICRO FINANCE INDIA
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• The success was terribly restricted and
  distributed.
• The next in line of defense to small credit came
  from by NBFCs and NGOs.

MICRO FINANCE INDIA
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• The Business Correspondent model gave recent
  blood to the beneath nourished rural credit.
• Here once more the high rates of interest and
  muscle flexing ways for recovery created the
  model less traveled.

MICRO FINANCE INDIA
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• Once the state crisis, the govt. of Republic of
  India selected to issue bound regulative
  controls.
• The business recovered from the issues and
  therefore the portfolio as of March 31, 2016
  reached 53, 332 crores.

MICRO FINANCE INDIA
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• Promoting socio-economic development at the
  community level.
• Developing and strengthening self-help groups and
  facilitating sustainable development through them

OBJECTIVES
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• Providing vocational training to unskilled
  population
• Empowerment of women
• Conducting programs for the poor

OBJECTIVES
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• Promoting sustainable agriculture and sound
  conservation of natural resources
• Organizing and coordinating based on the grass
  root level
• Making efficient use of the available resources
  for generation of livelihood

OBJECTIVES
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