Microfinance: Redefining the Future

V S Somanath

Editorial: Excel Books, 2008
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Microfinance is the extension of small loans to the people who are too poor to qualify for the traditional bank loans, as they have no assets to be offered as guarantee. In India, microfinance has worked largely through self-help groups (SHGs). Predominated by women, these are formed with simple rules â€" save, accumulate and give loans to each other. Globally, it is slowly proving to be one of the most effective strategies to neutralize poverty. The beginning of the millennium has witnessed a transformation in the economies across the developing nations. Microfinance has emerged as an important tool for improving and vitalizing the economy. Microfinance matters a lot in a poor economy as it enhances the self esteem and self confidence of poor households by helping them to realize their dreams; improve, expand and diversify their micro-enterprise; obtain a larger income and consequent higher return on investment; to deposit the excess liquidity in safe and sound investments; to move away from the exploitation of local money lenders and to conduct their business and life with dignity and pride. This book brings out the successful development of microfinance in India as a means for the elimination of poverty, despite the outdated technology used by the SHGs. Printed Pages: 282. N° de ref. de la librería

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Sinopsis: Microfinance is the extension of small loans to the people who are too poor to qualify for the traditional bank loans, as they have no assets to be offered as guarantee. In India, microfinance has worked largely through self-help groups (SHGs). Predominated by women, these are formed with simple rules save, accumulate and give loans to each other. Globally, it is slowly proving to be one of the most effective strategies to neutralize poverty. The beginning of the millennium has witnessed a transformation in the economies across the developing nations. Microfinance has emerged as an important tool for improving and vitalizing the economy. Microfinance matters a lot in a poor economy as it enhances the self esteem and self confidence of poor households by helping them to realize their dreams; improve, expand and diversify their micro-enterprise; obtain a larger income and consequent higher return on investment; to deposit the excess liquidity in safe and sound investments; to move away from the exploitation of local money lenders and to conduct their business and life with dignity and pride. This book brings out the successful development of microfinance in India as a means for the elimination of poverty, despite the outdated technology used by the SHGs.

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Detalles bibliográficos

Título: Microfinance: Redefining the Future
Editorial: Excel Books
Año de publicación: 2008
Encuadernación: Softcover
Condición del libro: New
Edición: First edition.

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1.

V S Somanath
Publicado por Excel Books (2008)
ISBN 10: 817446705X ISBN 13: 9788174467058
Nuevo Softcover Original o primera edición Cantidad disponible: > 20
Librería
BookVistas
(New Delhi, DELHI, India)
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Descripción Excel Books, 2008. Softcover. Condición: New. First edition. Microfinance is the extension of small loans to the people who are too poor to qualify for the traditional bank loans, as they have no assets to be offered as guarantee. In India, microfinance has worked largely through self-help groups (SHGs). Predominated by women, these are formed with simple rules ? save, accumulate and give loans to each other. Globally, it is slowly proving to be one of the most effective strategies to neutralize poverty. The beginning of the millennium has witnessed a transformation in the economies across the developing nations. Microfinance has emerged as an important tool for improving and vitalizing the economy. Microfinance matters a lot in a poor economy as it enhances the self esteem and self confidence of poor households by helping them to realize their dreams; improve, expand and diversify their micro-enterprise; obtain a larger income and consequent higher return on investment; to deposit the excess liquidity in safe and sound investments; to move away from the exploitation of local money lenders and to conduct their business and life with dignity and pride. This book brings out the successful development of microfinance in India as a means for the elimination of poverty, despite the outdated technology used by the SHGs. Printed Pages: 282. Nº de ref. del artículo: 30105

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2.

V S Somanath
Publicado por Excel Books
ISBN 10: 817446705X ISBN 13: 9788174467058
Antiguo o usado Cantidad disponible: 1
Librería
Vedams eBooks (P) Ltd
(New Delhi, India)
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Descripción Excel Books. Microfinance is the extension of small loans to the people who are too poor to qualify for the traditional bank loans as they have no assets to be offered as guarantee In India microfinance has worked largely through self-help groups SHGs Predominated by women these are formed with simple rules -- save accumulate and give loans to each other Globally it is slowly proving to be one of the most effective strategies to neutralize poverty The beginning of the millennium has witnessed a transformation in the economies across the developing nations Microfinance has emerged as an important tool for improving and vitalizing the economy Microfinance matters a lot in a poor economy as it enhances the self esteem and self confidence of poor households by helping them to realize their dreams; improve expand and diversify their micro-enterprise; obtain a larger income and consequent higher return on investment; to deposit the excess liquidity in safe and sound investments; to move away from the exploitation of local money lenders and to conduct their business and life with dignity and pride This book brings out the successful development of microfinance in India as a means for the elimination of poverty despite the outdated technology used by the SHGs 286 pp. Nº de ref. del artículo: 92710

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