A Critical Study on the Role of Microfinance in Poverty Alleviation

India is a developing country. Here a large part of inhabitants are poor which is really in an alarming situation. This research work has been conducted to investigate whether micro-finance played a role to alleviate poverty or not. The survey had been done in five districts of Westbengal- Paschim Medinipur, Howrah, Murshidabad, Jalpaiguri and South 24 Parganas. The sample size was 20 non participants of micro-finance and 80 participants of micro-finance. Here SGSY sponsored Self-Help Group has been chosen. The research has been done to judge the impact of micro-finance in poverty alleviation on both aspects- (i) People involving in micro-finance activity and people not associated in micro-finance activity (ii) the economic and social condition of the households before joining Self-Help Group and After Joining Self-Help Group The study has proven that micro-finance has able to alleviate the poverty.

Autorentext

Ms Anindita Kar completed her thesis under the supervision of Prof. Dipti Kumar Chakravorty, Department of Commerce, University of Calcutta. Ms. Kar has completed her MBA in Finance from this University of repute. She is also interested in Banking and Finance related areas. This publication has been submitted by the author to get her Ph.D from CU.