Micro-finance intervention and its linkage to income generation and savings

The intervention of microfinance services among the rural poor for the last few decades made them access various economic and income generating activities. It enabled the rural as well as the urban poor to minimize their dependency on money lenders and various credit donors. The presence of microfinance in the economic and social development of a country like India cannot be unattended and ignored since the majority of the Indian population is below the poverty line. This paper explores the impact of microfinance intervention in Bangalore rural. The study reveals that because of microfinance intervention, there happen positive changes in the income level of microfinance beneficiaries and the benefits vary in different occupations.