Author: Raquel Marbán, Ph.D. Professor & Faculty of Economics and Business Studies in the Universidad Nacional de Educación a Distancia, Madrid (Spain)
Abstract:
During last decades we are attending at globalization on process that it is affecting in a direct way to the financial traditional system and indirect way to other alternative systems as microcredit programs.
The globalization has showed these microfinance programs with important success in some undeveloped countries, for example the Grameen Bank (Bangladesh).
The target of this work is to analyze, first, the growth and evolution of the organizations (NGO) dedicate to the microfinance in India, considering the important increase of these in the last years. On the other hand, the impact of these programs on the quality of life of his borrowing ones. The methodology used in this study consist in a batteries of surveys realized directly to the borrowers in some south India rural zones.
With our analysis we pretend to demonstrate the impact of the microcredit in this regions thought it is local or regional, we can see that an improvement exist in the quality of life and confidence of the borrowers who take part in them.
To download the paper Click Here
Twitter
Facebook
Email
RSS
LinkedIn
