Village Level Analysis of Credit and Livelihood Enhancement of Microfinance in Andhra Pradesh
DOI:
https://doi.org/10.1956/jge.v10i1.328Keywords:
Rural Credit, SHGs, Micro finance, Poverty, Women EmpowermentAbstract
Micro finance as an institution are seen to have characteristics that help to solve the problems of moral hazard and adverse selection, which are the existing problems of rural credit institutions which other institutions failed to do. Group lending, peer monitoring and joint liability systems solve the adverse selection and moral hazard issues associated with rural credit markets. This study also focused in finding out the impact of micro finance programme on poverty, money lenders, women empowerment and living standards of the rural poor based on the primary and secondary data collected from Kamavarapukota mandal in Andhra Pradesh in India. Using primary data collected from the filled survey through the constructive schedules and personal interview to estimates the linkages between microfinance and its impacts on rural credit facilities, dependency ratio of money lenders for their credit needs, reduction of rural poverty, and empowerment of women in socio-economic activities. The conclusion of this study, clearly states that the introducing microfinance inducing the overall improvements of their credit facilities as well as augmentations of their livelihood facilities in different sections of the society. Further positive effects of this programme is that to reinforcements of vulnerable groups or targeted population Particularly, SCs, STS, OBCs and other weaker section of the society directly to empower and to participate in social, economic,  and political activitiesReferences
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2. Nair S., Tara (2005) “The transforming world of Indian micro finance†Economic and Political Weekly, April23, Pp. 1695-1698
3. Sinha, Francis (2005) “Access, use and contribution of micro finance in India: Findings from a national studyâ€, Economic and political Weekly, April23, Pp. 1714- 1719
4. P. Satish, (2005) “Mainstreaming of Indian Micro finance†Economic and Political Weekly. April 23, pp. 1731- 1739.
5. Mujumdar, N.A (1999) “Reviving Rural Credit†Economic and Political Weekly. June 19, pp. 1577-1579.
6. Basu, Priya and Pradeep Srivastava (2005) “Exploring possibilities: Micro finance and rural credit access for the poor in India†Economic and Political Weekly. April 23, pp. 1747-1756.
7. Kaber, Naila. (2005) “Is micro finance a magic bullet for women’s empowerment: Analysis of findings from South Asia†Economic and Political Weekly Oct 29, pp 4709-4718
8. Parida, P. C. and A. Sinha (2010), ‘Performance and Sustainability of Self-Help Groups in India: A Gender Perspective’, Asian Development Review, 27(1): 80-103.
9. Bensal, Hema (2005) “SHG bank linkage program in India†Journal of micro finance Vo.5 No.1, pp. 1-40
10. K.G., Karmakar (1999) “Rural credit and self-help groups: Micro finance needs and concepts in India†Sage publications, New Delhi.
11. Ghate, Prabhu (2007) “Indian micro finance: The challenges of rapid growth†Sage publications, New Delhi.
12. Ghosh, M (2012) “Micro-Finance and Rural Poverty in India SHG–Bank Linkage Programme.†Journal of Rural Development, Vol. 31, No. 3, July - September: 2012
13. Karla Hoff and Joseph E. Stiglitz (1993)"Imperfect Information and Rural Credit Markets: Puzzles and Policy Perspectives," in Karla Hoff, Avishay Braverman, and Joseph E. Stiglitz, ed., Economics of Rural Organization: Theory, Practice and Policy, ch. 2, pp. 33-52
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Published
27.03.2014
How to Cite
Yarikipati, J. P. and Pinamala, S. R. (2014) “Village Level Analysis of Credit and Livelihood Enhancement of Microfinance in Andhra Pradesh”, Journal of Global Economy, 10(1), pp. 37–60. doi: 10.1956/jge.v10i1.328.
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