Evaluation of Microfinance Institutions in Varanasi with Special Reference to Client Education is popular PDF and ePub book, written by Vinita Kalra in 2018-12-21, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Evaluation of Microfinance Institutions in Varanasi with Special Reference to Client Education can be Read Online from any device for your convenience.
Evaluation of Microfinance Institutions in Varanasi with Special Reference to Client Education Book PDF Summary
In the last two decades, microfinance has gained growing recognition as an effective tool for improving the quality of life and the living standard of poor and low-income people. Microfinance’s popularity reached a peak when the United Nations declared 2005 the ‘International Year of Microcredit’ and when, one year later, the author of ‘Banker to the Poor’, Muhammad Yunus, was awarded the Nobel Peace Prize. This recognition has given rise to a movement that was supposed to accomplish social and financial goals simultaneously and without any friction. However, microfinance as an industry was shaken for the first time in 2008, as a consequence of the international financial crisis, and it again suffered problems more recently. It was reported that the populist moves by politicians led to a mass default of loans, of worth more than US$1.5 billion in the southern Indian state of Andhra Pradesh, the biggest market for the microfinance institutions in India. Measures taken to ensure that the 2008 crisis and its consequences are not repeated include bringing clients’ protection principles to work and building client awareness in order to make informed decisions. This book focuses on the efficacy of ‘financial education’ as a tool towards attaining client protection. It also utilizes the Microfinance Clients Awareness Index to evaluate the factors that impact the level of financial awareness for microfinance clients.
Detail Book of Evaluation of Microfinance Institutions in Varanasi with Special Reference to Client Education PDF
- Author : Vinita Kalra
- Release : 21 December 2018
- Publisher : Cambridge Scholars Publishing
- ISBN : 9781527523920
- Genre : Business & Economics
- Total Page : 243 pages
- Language : English
- PDF File Size : 9,6 Mb
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