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| Article Name : | | | A STUDY OF THE IMPACT OF MICROFINANCE INSTITUTIONS ON THE INCOME & EMPLOYMENT GENERATION OF BENEFICIARIES (A COMPARATIVE ANALYSIS OF GOVT. SHGS AND NON-GOVT. SHGS IN GUNTUR DISTRICT OF A.P.) | | Author Name : | | | CH. V. KRISHNA REDDY AND ABDUL NOORBASHA | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ISRJ-62 | | Article URL : | |  | Author Profile | | Abstract : | | | In India, microfinance has been defined by the Task Force on Microfinance as “provision of thrift, credit and other financial services and products of very small amounts to the poor in rural, semi-urban or urban areas for enabling them to raise their income levels and improve living standards”. As per the definition of International Labour Organisation (ILO), the microfinance is 'an economic development approach that involves providing financial services through institutions to low income clients'. | | Keywords : | | - microfinance , international labour organisation , commercial banks , self-help groups .
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