SEEC - I : MICRO FINANCE

The Microfinance course provides a comprehensive understanding of the concepts, evolution, and significance of microfinance as a tool for financial inclusion and socio-economic development. It examines the objectives, features, products, and institutional framework of microfinance, with emphasis on its role in poverty alleviation, women’s empowerment, entrepreneurship development, and livelihood promotion. The course explores the growth of Self-Help Groups (SHGs), their structure, functions, advantages, challenges, and linkage with banks. It also highlights the contributions of institutions such as RBI, NABARD, NGOs, and the Government in promoting inclusive financial services. Students gain insights into the Indian rural financial system, the evolution of microfinance in India, and the opportunities and limitations of microfinance in fostering sustainable development. Overall, the course equips learners with the knowledge and analytical skills to evaluate microfinance initiatives, assess their socio-economic impact, and appreciate their role in achieving inclusive and sustainable economic growth.