Microfinance in India: Performance and Perspectives

Abstract

Micro finance originally had a limited description - the prerequisite of micro loans to poor entrepreneurs and small businesses lacking access to banking and related services. Over time, micro-finance has come into view as a superior association whose object is a world in which as everyone, particularly the poor and under- marginalized people and households have right of entry to an extensive range of reasonable, high quality financial products and services, including not just credit but also savings, insurance, payment services, and fund transfers.