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Literature review on microfinance in india pdf

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Visit for more related articles at Journal of Internet Banking and Commerce. SMEs all over the world play a strong role in national development. This is attributed to the massive employment it provides to the citizenry of the country where it exists. Due to the recognition accorded this very important sector, the Nigerian government established microfinance banks in the year to serve as mechanisms for financial sources for various SMEs. This study explored the roles of these micro finance banks and institutions on small and medium enterprises as well as the extent to which the small businesses have benefited from the credit scheme of microfinance banks.
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The Role of Microfinance Institutions in Financing Small Businesses

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PPT ON MICRO FINANCE

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This article provides a review of the recent literature on microfinance in developing countries and a critical assessment of its effectiveness. It examines the experience of India, which has one of the largest microfinance sectors in the world, and particularly the unfolding of the microfinance crisis in Andhra Pradesh. It concludes that microfinance cannot be seen as a silver bullet for development and that profit-oriented microfinance institutions are problematic.
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