Department of Humanities, Social Sciences and Management, National Institute of Technology, Karnataka, Mangalore, India
Online published on 13 March, 2014.
Consistency in employment, enhanced income, knowledge and cognizance through financial aid from MFI ushered rural destitute to put themselves into the braces of financial inclusion. The present study assessed 382 samples from Karnataka to quantify the impact of micro financing on the rural poor in financial inclusion. The outcome of the survey indicates that MFI played a major role in accessing the banking services to the poor and imparting financial education to the poor.
Employment, Income, Savings, Impact, Insurance, Borrowings, Repayment
