PPT ON MICRO FINANCE
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21. Targets OF THE Study: To review the impression of micro finance in empowering the social financial status of girls and developing of social entrepreneurship. To find out about relationship between SHG’s members, micro finance banks and 優良なソフト闇金ならソフト闇金えびす entrepreneur’s women. To clarify the limitation of microfinance programmes as the device for women’s empowerment and the type of help service obligatory to maximise the contribution of microfinance service. To check potential hurdles in the event of ladies entrepreneurship
– Firstly, when the poor or unemployed individuals are given the microloan, the curiosity price just isn’t the number one concern for them. It’s as a result of to start with, the interest rate is a simple interest charge. So no matter how high it turns into, it doesn’t concern them.
– Secondly, the microloan needs to be paid off inside a brief time period, around 30 weeks. Because of this, the interest rate doesn’t turn into an enormous amount. For example, if $10,000 must be paid off inside 20 years and the interest rate is round 30%; the interest can be havoc (i.e. $60,000 in easy curiosity). But when the duration is 30 weeks, the interest would be meager (i.e. $625 in simple interest).
Now let’s understand why the interest rates for microfinance loans are so high.
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