Socio-economic impact of microfinance: A study on neighbhourhood groups (NHGs) in Nilambur Block of Malappuram District, Kerala

  • 01/04/2009

  • Indian Journal of Agricultural Economics

Around the world, provision of microfinance is becoming a mainstay development intervention for poverty alleviation and empowerment of the poor. Microfinance involves the provision of thrift, credit and other financial services and products of very small amount for enabling the poor to raise their income levels and improving living standards. The present study was carried out with the objective of assessing the socio-economic impact of the micro finance programme of neighborhood groups on its beneficiaries.