• CHANDANA NR
• CHANDANA NR

Micro-finance acts as a tool which provides financial services to low income groups through various financial institutions. Micro-finance plays a vital role in economic development by aiming at providing financial assistance to poor people to initiate their own enterprise and get rid of poverty through regular earnings. Micro-finance facilitates thrift, credit and other financial services to poor people who resides in rural areas, semi-urban areas and urban areas to earn income consistently through which they can improve their standard of living. Micro-finance emergence is based upon the principle of co-operation and mutual self help. Micro-finance institutions (MFIs) are financial institutions that act as an interface among formal credit delivery institutions and credit seekers. Micro-finance and financial inclusion acts as a two faces of a coin. Micro-finance institutions play an important role in facilitating inclusion because they strive very hard to reach out the poor mass in rural area. At the core of micro-finance, providing loans through group based methodology. The dominant micro-finance programme is associated with SHG bank linkage programme shows that effectiveness in connecting the excluded class of poor section of the society. The purpose of this paper is to facilitate a strong base to prove that there is a direct link between micro-finance and SHGs and have promising impact on financial inclusion.

Financial Inclusion, Micro finance, Self-Help Groups (SHGs)

"FINANCIAL INCLUSION AND IMPACT OF MICRO-FINANCE ON SELF HELP GROUPS-AN OVERVIEWFINANCIAL INCLUSION AND IMPACT OF MICRO-FINANCE ON SELF HELP GROUPS-AN OVERVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.554-557, June-2019, Available :http://www.jetir.org/papers/JETIR1906663.pdf

"FINANCIAL INCLUSION AND IMPACT OF MICRO-FINANCE ON SELF HELP GROUPS-AN OVERVIEWFINANCIAL INCLUSION AND IMPACT OF MICRO-FINANCE ON SELF HELP GROUPS-AN OVERVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp554-557, June-2019, Available at : http://www.jetir.org/papers/JETIR1906663.pdf