Micro Credit and Rural Poverty
Contents: Preface. 1. Introduction to microcredit. 2. Rural poverty in India. 3. Environment and rural poverty of microcredit. 4. Rural women empowerment through microfinance. 5. Overview of poverty targeting programs in India. 6. Industrial investment and the quality of credit. 7. Organization and purpose of international monetary fund. 8. The goal of financial management. 9. Credit cooperatives and savings. 10. Development of macroeconomic theory. 11. Policies for reducing rural poverty. 12. The World Bank and poverty. 13. Economics and the causes of poverty. 14. Geographies of poverty and rural viability. 15. Problems of the poor and the pains of poverty. Bibliography. Index.
Micro-credit has assumed a special significance in the context of increased emphasis on rural development. In time to come, the micro-finance sector is expected to growth further in term of reaching out to more families and would include more services for the poor. Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurship. In that country, it has successfully enabled extremely impoverished people to engage in self employment projects that allow them to generate an income and, in many cases, begin to build wealth and exit poverty. Poverty is one of the main problems which have attracted attention of sociologists and economists. It indicates a condition in which a person fails to maintain a living standard adequate for his physical and mental efficiency. It is a situation people want to escape. As the book addresses this crucial issue quite deftly, it is hoped that it would prove to be a source of great information for the reader.
Micro-credit has assumed a special significance in the context of increased emphasis on rural development. In time to come, the micro-finance sector is expected to growth further in term of reaching out to more families and would include more services for the poor. Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurship. In that country, it has successfully enabled extremely impoverished people to engage in self employment projects that allow them to generate an income and, in many cases, begin to build wealth and exit poverty. Poverty is one of the main problems which have attracted attention of sociologists and economists. It indicates a condition in which a person fails to maintain a living standard adequate for his physical and mental efficiency. It is a situation people want to escape. As the book addresses this crucial issue quite deftly, it is hoped that it would prove to be a source of great information for the reader.
