NGOs in micro financing partners in rural development
By: Kulshrestha, Laxmi R.
Contributor(s): Gupta, Archana.
Material type:
ArticlePublisher: 2002Description: p.26-30.Subject(s): Rural development | Nongovernmental organizations
In:
KurushetraSummary: NGOs are building social capital in the form of groups that can generate a sound base for their members to develop their credibility as borrowers and encourage financial institutions to develop confidence in establishing a lending relationship with the groups. Thus NGOs transform the beneficiaries' into `borrowers' leading to establishment of systems and structures in which a sustainable process of linking the poor borrowers to sources of capital and other financial services with formal financial institutions is achieved. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 50, Issue no: 4 | Available | AR51816 |
NGOs are building social capital in the form of groups that can generate a sound base for their members to develop their credibility as borrowers and encourage financial institutions to develop confidence in establishing a lending relationship with the groups. Thus NGOs transform the beneficiaries' into `borrowers' leading to establishment of systems and structures in which a sustainable process of linking the poor borrowers to sources of capital and other financial services with formal financial institutions is achieved. - Reproduced.
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