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 IMPACT OF MICRO FINANCE ON ECONOMIC DEVELOPMENT OF SELF HELP GROUPS IN KARUR DISTRICT


    Author(s):  DR. N. BALAKRISHNAN
Abstract

Rural development is pre-requisite for economic development of our country. In India, 400 million people are waiting for small loan. Microfinance can be an important element of an effective poverty reduction strategy. It provides micro credit to the rural and urban poor without collateral securities.


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