PPT ON MICRO FINANCE

21. Targets OF THE Research:  To review the impression of micro finance in empowering the social financial standing of women and надо денег промокод growing of social entrepreneurship.  To know about relationship between SHG’s members, micro finance banks and entrepreneur’s girls.  To make clear the limitation of microfinance programmes because the software for women’s empowerment and the type of support service mandatory to maximise the contribution of microfinance service.  To check potential hurdles in the development of girls entrepreneurship

— Firstly, when the poor or unemployed persons are given the microloan, the curiosity rate isn’t the primary concern for them. It’s as a result of to begin with, the interest fee is a simple curiosity price. So irrespective of how high it turns into, it doesn’t concern them.

— Secondly, the microloan must be paid off inside a short time frame, around 30 weeks. In consequence, the interest price doesn’t turn out to be a huge quantity. For example, if $10,000 must be paid off within 20 years and the curiosity charge is around 30%; the interest can be havoc (i.e. $60,000 in simple interest). But if the duration is 30 weeks, the interest could be meager (i.e. $625 in simple interest).

Now let’s perceive why the interest rates for microfinance loans are so high.

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