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DISSERTATION

SYNOPSIS

COMPILED BY
ANJALI SAXENA
A1802009163 C-09
OBJECTIVES
• To assemble comprehensive information about Microfinance & how it is
uplifting the society as compare to traditional banking system.

• To develop the concept and understand the various


aspects pertaining to micro finance.

• To analyze the requirements of micro-finance clients,


along with an understanding of Microfinance through
Grameen Banks & Self Help Groups
RESEARCH
DATA COLLECTION
METHODOLOGY
Secondary data will be collected through

• Articles
• Research Papers
• Magazines & Newspapers
• Internet

RESEARCH DESIGN: EXPLANATORY RESEARCH

The research design used is explanatory wherein the concepts of


microfinance have been explained & discussed in detail
carefully building a complete knowledge of the research topic.

LIMITATIONS:

• All data collection is secondary.


• There was time constraint and microfinance is a very vast topic
MICROFINANCE : INTRODUCTION
A world in which as many poor and near-poor households as possible have
permanent access to an appropriate range of high quality financial services,

UPLIFTING THE RURAL ECONOMY:


•Providing credit, thrift and finance related services.

•Micro-enterprise finance through repayment incentive structure, streamlined


administration and adopting profit centre approach to sustain.

•Focus on economically active poor sectors As per the 10th Plan document, 26%
of the population lives B.P.L.(19.3 rural area)

•The fundamental problem - lack of access to credit

•One of the most effective poverty reducing strategies.


MICRO FINANCE V/S TRADITIONAL
BANKING SYSTEM
• The advantages of micro financing over traditional banking system are –
• Its benefits to developing economies: it encourages growth of local
businesses, puts more money into local economies, encourages local
employment opportunities.
• Gives entrepreneurs a foothold to establish their businesses and a credit
record.

• In some areas, it provides an alternative to tribal moneylenders, who charge


high interest rates and respond to repayment failures with physical violence.
• In short, traditional banking addresses people's basic needs: food, shelter,
clothing, education, sustainable agriculture; while microfinance works on the
next step of growing local economies.
GRAMEEN BANKS:

•Reverse the age-old vicious circle.

• Provides credit without collateral,

•Intensive discipline, supervision, and servicing characterize the operations of the


Grameen Bank.
CONCLUSION-Micro-Finance
attempts to unleash forces
transforming lives from debt
driven to self-driven, so as to
cause and trigger growth in rural
economics

THANK
YOU