ROLE OF MICROFINANCE INSTITUTIONS IN RURAL DEVELOPMENT在农村发展的小额信贷机构的作用.pdfVIP

International Journal of Information Technology and Knowledge Management July-December 2010, Volume 2, No. 2, pp. 435-441 ROLE OF MICROFINANCE INSTITUTIONS IN RURAL DEVELOPMENT 1 2 S.C.Vetrivel S. Chandra Kumarmangalam More than subsidies poor need access to credit. Absence of formal employment make them non ‘bankable’. This forces them to borrow from local moneylenders at exorbitant interest rates. Many innovative instituti