ZENITH International Journal of Business Economics & Management Research
  • Year: 2016
  • Volume: 6
  • Issue: 6

Role of Kaveri Grameena Bank as a micro finance institution

  • Author:
  • Veena Urs, B. Shivaraj
  • Total Page Count: 5
  • Page Number: 15 to 19

*Research Scholar, B.N. Bahadur Institute of Management Science, University of Mysore, Mysore

**Professor, B.N. Bahadur Institute of Management Science, University of Mysore, Mysore

Online published on 20 February, 2017.

Abstract

In India 21.9% people live below the poverty line. The overall percentage of households availing banking services in India stood at 59 percent in 2011, implying that nearly two-fifths of the population in India still remains unbanked. Micro finance has the ability to empower the poor to create the jobs, to raise incomes and to avail loans without collateral security and minimum documentation. The study put lime light on the role of Kaveri Grameea Bank in providing micro finance through SHGs. The study also explains the model adopted by Kaveri Grameena Bank in promoting micro finance.

Keywords

Micro Finance, SHG, Model, Women empowerment, Income