Microfinance in India and the Role of IT

Authors

• Rahul Bhattacharya, Indian Institute of Management Bangalore

Document Type

Article

Abstract

Microfinance has proved to be extremely effective as a means of improving the economic condition and empowering the rural poor through participatory credit lending schemes. In an award winning student essay, Rahul Bhattacharya explains that microfinance helps the poor in various ways, not only by improving their economic condition, but also by means of the attendant benefits that a higher income level has on factors like health, education, economic and social status of women, and the general standard of living.

Recommended Citation

Bhattacharya, Rahul (2002) "Microfinance in India and the Role of IT," IIMB Management Review: Vol. 14: Iss. 4, Article 3.
Available at: https://research.iimb.ac.in/imr/vol14/iss4/3

Publication Date

12-1-2002

First Page

22

Last Page

28