edf40wrjww2CF_PaperMaster:Desc
Microfinance in an Emerging Economy: An India Perspective
INDEX
Executive Summary
Introduction
What Statistics say?
Microcredit
Commercial Microfinance Industry
Characteristics of Commercial Microfinance
Characteristics of most Lending
Microfinance in Asia
Indian Microfinance Context: A Brief History
Microfinance providers in India
India advantage of building large scale CMF
Rural Credit Scenario in India
India: How can large scale CMF Develop?
What is Lacking? And What needs to be done?
Microfinance Policy and Regulatory Framework
Role of NGO
Role of Self-Help Groups
Role of Donors
Role of Government
Microfinance and Corporate Partnerships- Leveraging each other
Bibliography
Appendix
Executive summary
Microfinance, covering an array of financial services extended to the poor is a potent tool for alleviating poverty. Yet, unlike medium and large scale finance, microfinance has not received its due place in national development policy framework. The ignorance of the role of microfinance has been partly due to the pessimism expressed by some of microfinance practitioners about its outreach capability and partly due to the negligible bargaining power of its clientele, viz., and the poor, as against that of the middle class of the society.
With a successful social mobilization and empowerment program to precede the credit delivery, even the poorest of the poor stand to benefit from microfinance. However, to attain the maximum success and ensu ...