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On Studying the Mix of Relationships amongst the Challenges behind Successful Adoption of Microfinance in India

by Lokik Aggarwal, Bina Dharilal Aggarwal, Remica Aggarwal
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International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 176 - Number 42
Year of Publication: 2020
Authors: Lokik Aggarwal, Bina Dharilal Aggarwal, Remica Aggarwal
10.5120/ijca2020920520

Lokik Aggarwal, Bina Dharilal Aggarwal, Remica Aggarwal . On Studying the Mix of Relationships amongst the Challenges behind Successful Adoption of Microfinance in India. International Journal of Computer Applications. 176, 42 ( Jul 2020), 21-26. DOI=10.5120/ijca2020920520

@article{ 10.5120/ijca2020920520,
author = { Lokik Aggarwal, Bina Dharilal Aggarwal, Remica Aggarwal },
title = { On Studying the Mix of Relationships amongst the Challenges behind Successful Adoption of Microfinance in India },
journal = { International Journal of Computer Applications },
issue_date = { Jul 2020 },
volume = { 176 },
number = { 42 },
month = { Jul },
year = { 2020 },
issn = { 0975-8887 },
pages = { 21-26 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume176/number42/31483-2020920520/ },
doi = { 10.5120/ijca2020920520 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-07T00:41:07.953641+05:30
%A Lokik Aggarwal
%A Bina Dharilal Aggarwal
%A Remica Aggarwal
%T On Studying the Mix of Relationships amongst the Challenges behind Successful Adoption of Microfinance in India
%J International Journal of Computer Applications
%@ 0975-8887
%V 176
%N 42
%P 21-26
%D 2020
%I Foundation of Computer Science (FCS), NY, USA
Abstract

Especially amongst the developing nations, there is a general consensus attached to microfinance and microcredit about the tremendous potential it has to alleviate poverty and build socio-economic empowerment of its beneficiaries. However, this potential of microfinance also faces a lot of challenges and a lot of inhibiting factors in and around the beneficiaries which reduce the socio-economic empowerment to an extent that the microfinance programme might require changes to be more effective. This study elaborates on various success factors and inhibitors of micro finance in India and further studies the inter-relationship amongst them using ISM methodology . The factors can further be studied as in context of Finance portfolio optimization.

References
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Index Terms

Computer Science
Information Sciences

Keywords

Micro- finance Inhibiting factors ISM Methodology

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