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Excel Books, 2008. Paperback. New. 286 pages. 9.30x0.70x6.20 inches.
Microfinance: Redefining the Future by V S Somanath - 2008
by V S Somanath
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Microfinance: Redefining the Future
by V S Somanath
- New
- Paperback
- first
Excel Books, 2008. First edition. Softcover. New. 15 x 24 cm. 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brings out the successful development of microfinance in India as a means for the elimination of poverty, despite the outdated technology used by the SHGs.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. Microfinance: Redefining the FutureV S Somanath9788174467058
- Bookseller Vikram Jain Books (IN)
- Format/Binding Softcover
- Book Condition New New
- Quantity Available 500
- Edition First edition
- Binding Paperback
- ISBN 10 817446705X
- ISBN 13 9788174467058
- Publisher Excel Books
- Date Published 2008
- Size 15 x 24 cm
We have 1 copies available starting at A$110.50.
Microfinance
by V S Somanath
- New
- Paperback
- Condition
- New
- Binding
- Paperback
- ISBN 10 / ISBN 13
- 9788174467058 / 817446705X
- Quantity Available
- 1
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Exeter, Devon, United Kingdom
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