Archive for the 'Rural Finance' Category

Rural Finance: Overview of Financing to Rural Consumers

Rural finance is the financial services offered in rural areas, which are accessible to the people of all income strata. The three chief aspects of rural finance include: credit, savings and insurance/insurance substitutes. The term ‘credit’ specifically relates to the development of some kind of enterprise, while savings and insurance mechanisms are principally used by [...]

Electricity to Rural Poor: Thanks to Microfinance

Have you ever seen the darkness in Rural areas of India while travelling by train or bus? I am sure, you must have. People in such remote areas don’t have access to electricity and the moment night starts falling, everybody starts turning to candles, kerosene lamps etc for illuminating there small houses. Don’t you think, [...]