Conceptual Frame Work of a Micro Finance Institution in India - A Case Study
Abstract
Micro finance institutions have been evaluated and in corporate through financial mechanism proved to success in India. The goals of micro financing in to provide strengthen financial significance to invest in themselves of their business. In many instances, people seeking help from micro finance organization. Firstly they required to take a basic money-management class. In this class they have learn the concept of cash flow, savings account work, make a good budget and manage debt activity. In this paper a healthy and profitability lending business through good relationship with select micro financial institution (MFI) and investing in building deeper and concurrent monitoring and control mechanisms to enable healthy growth of the micro finance sector in India.