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MFIs Lending and Poverty Reduction
Abstract
The paper aims to study the impact of the Microfinance lending in India as a powerful instrument for poverty Reduction. Social businesses like microfinance, due to their sensitive client base, need to walk a fine line to balance their commercial interests with the social and moral expectations of a wide variety of stakeholders. This study attempted to investigate the effects of MFIs on poverty reduction. It intended to cover credit facilities provided by the MFI and clients perception on income improvement and/or reduced poverty levels. The study found that there is an impact of Micro Finance Institutions (MFIs) lending on income levels of beneficiaries and poverty reduction.
Keywords
Micro-credit, Poverty Reduction, Microfinance, Poverty and Micro Finance Institutions (MFIs)
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This article is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This article can be used for non-commercial purposes. Mentioning of the publication source is mandatory while referring this article in any future works.
