This book is both textual and contextual and focuses on the Indian Microfinance scenario. It gives an in-depth understanding on microfinance products, supported by relevant case studies and examples. The different components of microfinance in the Indian context are discussed with suitable examples such as demand and supply of microfinance, intermediation and regulations and so on.
The book analyzes the role of microfinance and microfinance institutions in natural disasters and also scans various microfinance lending models practiced throughout the world, and focuses on the models practiced in India.
As microfinance in India is a continuous changing practice, the various products, technology, innovations and product mix are captured with suitable examples, drawn from various institutions and organizations. Theories and practices in managing risk and uncertainties are also discussed.
The book concludes with discussions on microfinance as a tool for poverty alleviation, social development, women empowerment, microenterprise development and socio-economic development of rural and urban poor, and is supported with many real cases drawn from the field.
