1. MICROFINANCE
Presented by,
M. J. Kadam

2. Microfinance Definition
“Microfinance is the provision of financial services to the poor, which includes not only loans, but also other services such as savings, micro insurance and other financial innovations.”

3. Popular models of Microfinance
Grameen Model-
By Mohammad Yunus in Bangla Desh.
SHGs Model-
formation of poor people
SHGs By NGOs-
financed by SIDBI and NABARD

4. Institutional Struture of SHGs
DRDA/NABARD
Banks
NGO
SHGs

5. Objectives of SHGs To move from dependency to independency.
To accommodate women in to group.
To promote financial independence.
P..

6. Providing assistance in social upliftment programmes.
To bring positive outlook in thinking along with economic independence.

7. To solve day to day problems mutually in a group.
Need for SHGs
To solve day to day problems mutually in a group.
To take collective decision.
To enhance political strength. ..

8. Special Features of SHGs
Based on democratic principle.
A women can become a member with minimum savings.
Improving the social bonding of women.

9. .
4.Mutual help in the times of need.
5.Principle of co-operation improves.

10. Loan can be sanctioned within six month of registration.
Along with financial transactions it helps to develop the emotional bonding among members.
Solves domestic financial problems.
Develop the habit of timely repayment.
Basic trust develops among members.

11. Should be a local resident. Should know local language.
Criteria for working members of SHGs
Should be a local resident.
Should know local language.
SHG of women will consist only women members.
Should process good communication skill.

12. 5. Should be aware of women problems.
6. Should show sensitiveness /
sensitivity towards socially
disadvantaged.

13. . 7. Should not discriminate anyone on
the basis of gender, caste, class, colour or race.
8. Adopt the latest trends in learning.

14. To work with full devotion and whole heartedly.
10. Clarity in practices.
11. Should have strong will to work efficiently. ..

15. Advantages of SHGs Helps in strengthening of organization.
Enhances efficiency. ..

16. .. 3.It gives right to information.
4.Minimum enrolment fees for women.
5.Right to power. ..

17. It improves personal, social,
educational and economic progress.
7. To avail loans in a low interest rate.
8. Exchange of ideas.

18. 9. Improves self confidence of women.
10. Encourages self employment programmes. ..

19. Achievement
In the starting NABARD promoting and financing 500 SHGs across the country. Till 31st March ,77,965 SHGs were formed in over all country.

20. Thank You