Curriculum Microfinance and Self-Help Groups in India
Microfinance and Self-Help Groups in India
How small credit works in India: what microfinance is, the Grameen idea, self-help groups, MFIs and JLGs, interest rates, the Andhra Pradesh crisis, regulation, small finance banks, evidence on women's empowerment, NRLM and Kudumbashree, digital lending, and a recap.
- What Microfinance Is Microfinance means offering small loans, savings and insurance to people who are poor or excluded from ordinary banks. 📄 Read-aloud
- The Grameen Idea Muhammad Yunus's Grameen Bank in Bangladesh showed that poor women could repay small loans, inspiring microfinance worldwide. 📄 Read-aloud
- Self-Help Groups and the Bank Linkage Model In India, groups of women save together and borrow from banks as a group, a model promoted by NABARD from 1992. 📄 Read-aloud
- Microfinance Institutions and JLGs NBFC-MFIs lend to joint liability groups, using weekly or monthly repayments and field staff who visit villages. 📄 Read-aloud
- Interest Rates and Costs Microloans carry high interest rates because small, frequent loans cost a lot to make, and critics worry about the burden on borrowers. 📄 Read-aloud
- The Andhra Pradesh Microfinance Crisis In 2010, over-lending, aggressive collection and political action caused repayments to collapse in Andhra Pradesh, changing Indian microfinance. 📄 Read-aloud
- Microfinance and Self-Help Groups in India: Checkpoint 1 Quick checkpoint - five questions on microfinance and self-help groups in india. 5 questions
- Regulation After the Crisis The RBI set rules on interest margins, borrower limits and fair practices, and later moved to a simpler, income-based framework in 2022. 📄 Read-aloud
- Small Finance Banks Several big microfinance lenders converted to small finance banks, which can take deposits and offer a wider range of services. 📄 Read-aloud
- Women's Empowerment: What Evidence Shows Studies find microfinance helps some women but often does not lift most households out of poverty on its own. 📄 Read-aloud
- Government Programmes: NRLM and Kudumbashree The National Rural Livelihoods Mission and Kerala's Kudumbashree build women's groups into large networks. 📄 Read-aloud
- Digital Lending and the Future Mobile payments, credit bureaus and digital lending are changing microfinance, raising new opportunities and new risks. 📄 Read-aloud
- Microfinance: Recap A summary of the microfinance and SHG story in India. 📄 Read-aloud