Malik, Mohd Yousuf et al

Microfinance institutions: Evidence from Bundelkhand - Economic and Political Weekly - 59(11), Mar 16, 2024: p.57-63

The status of microfinance in the Bundelkhand region of Uttar Pradesh is explored through a primary survey. The relationship between socio-economic development and loan amounts, reasons for borrowing, instalment amounts, interest rates, and borrower affordability is examined. There is an urgent need for a more effective financial system in the region as a majority of people still resort to informal moneylenders for their financial needs. The government and microfinance institutions need to work together to provide better services for the region.- Reproduced

https://www.epw.in/journal/2024/11/special-articles/microfinance-institutions.html



Microfinance, Bundelkhand region