Volume : III, Issue : VII, July - 2014

Financial Impact of Microfinance on The NBFC–MFI Borrowers in Kanchipuram District

Dr. M. S. Meiyappan, Dr. S. Annamalai

Abstract :

The author attempted to study the impact of microfinance in Kanchipuram district with special mention to MFI lending. Microfinance, in the recent years recognized and accepted as one of the new development paradigms for alleviating poverty. Kanchipuram district is one of the very active districts in terms of microfinance lending in the state Tamilnadu. Apart from SHG–Bank linkage lending, about 21 microfinance institutions (MFIs) were having their microfinance operation in the selected district. An empirical study was carried out covering all the 13 blocks in the district. The paper highlights the views of the beneficiaries of microfinance institutions lending, on their financial impact. The study proved that Microfinance lending not only has economic impact, but also has financial impact on the beneficiaries.

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. M.S. Meiyappan, Dr. S. Annamalai Financial Impact of Microfinance on The NbFc-MFI borrowers in Kanchipuram District Indian Journal of Applied Research, Vol.4, Issue.7 July 2014

Number of Downloads : 1455

References :