Professional Documents
Culture Documents
Micro Finance
Micro Finance
Micro finance is defined as the provision of threft (savings), credit and other financial services and product of very small amounts to the poor foe enabling them to raise their income levels and improve living.
Loans Pensions Savings Financial counseling Remittance Insurance Risk mitigation products
Target population
Close monitoring
Registration (R.B.I Act, 1934 and the Banking Regulation Act, 1949 )