PRESENTED BY,
RAHEEL ABBAS
1MS18MBA40
TABLE OF CONTENT
• Definition
• Features and Need of the Microfinance
• Evolution of Microfinance in India
• Difference between Microcredit vs.
Microfinance
• Microfinance Institutions (MFIs)
• Self Help Group (SHG) and Joint Liability
Group (JLG)
• Priority sector lending
• Conclusion
• Bibliography
MICROFINANCE: DEFINITION
“Microfinance is an economic development tool whose
objective is to assist the poor to work their way out of
poverty. It covers a range of services which include, in
addition to the provision of credit, many other services
such as savings, insurance, money transfers,
counselling, etc.” – Reserve Bank of India
• NBFC-MFIs
SELF HELP GROUP (SHGS)